H.C. Wainwright & Co.

Netcapital (NCPL) announced a registered direct offering of 641,712 shares at $4.675 per share, aiming for $3 million in gross proceeds. A concurrent private placement offers unregistered short-term warrants for up to 641,712 shares at $4.55 each, potentially adding $2.9 million if fully exercised. Slated to close around July 17, 2025, with H.C. Wainwright & Co. as placement agent, the proceeds will repay promissory notes and fund working capital. The offering involves shareholder dilution with potential for further dilution.