Netcapital Inc Stock Price, News & Analysis

Netcapital Inc. (Nasdaq: NCPL) announced that its portfolio company, Zelgor, has acquired Spellbook Studio, the creators of The Infinite Black franchise. The Infinite Black is a space combat Massive Multiplayer Online game (MMO) that pioneered Android MMO gaming in 2011.

The franchise consists of two free-to-play mobile games where players manage spaceship fleets and engage in battles. Revenue is generated through the sale of virtual 'credits' used for ship upgrades. The games currently maintain a community of 120,000 players.

According to Zelgor CEO John Fanning Jr., this acquisition is expected to make Zelgor's ongoing operations sustainable through the revenue generated from the established franchise.

Netcapital Inc. (Nasdaq: NCPL) has announced that MAGFAST, a charging device company, has successfully raised over $10 million through multiple offerings on its digital private capital markets ecosystem platform. This achievement represents the second-largest total amount raised under Regulation CF in the Consumer Packaged Goods industry, according to KingsCrowd. The current MAGFAST offering remains available for a time on Netcapital.com, where investors can access detailed offering information, associated risks, and required disclosures.

Netcapital Inc. (Nasdaq: NCPL) announced that Avadain, a graphene-licensing technology company, successfully raised over $1.275 million within the first 24 hours of launching its third offering on the Netcapital funding portal platform. The offering is currently available on Netcapital.com, where investors can access detailed information about the offering, including associated risks and disclosures.

Netcapital Inc. (NASDAQ: NCPL) reported its Q3 fiscal 2025 financial results, showing significant challenges with an 85% year-over-year revenue decline to $152,682 from $1.04 million in Q3 fiscal 2024. The digital private capital markets ecosystem faced increased losses, with operating loss widening to ($1.69) million from ($1.21) million year-over-year.

The company's net loss deteriorated to ($3.01) million, compared to ($2.23) million in the same period last year, while loss per share improved to ($1.57) from ($13.60). Cash and cash equivalents stood at $614,304 as of January 31, 2025.

A notable development was the FINRA approval of their wholly-owned broker-dealer subsidiary, Netcapital Securities Inc., in November. The company secured Algernon NeuroScience Inc. as a client for a planned Regulation A offering and broker-dealer services, marking a potential new revenue stream.

Netcapital Inc. (NASDAQ: NCPL) announced that its subsidiary, Netcapital Securities, will provide broker-dealer and administrative services for Algernon NeuroScience's planned Regulation A offering. The announcement, made on March 07, 2025, excludes underwriting and placement agent services.

Algernon NeuroScience has filed a Form 1-A with the SEC, though the offering hasn't been qualified or declared effective yet. The company plans to use the proceeds to advance its R&D initiatives. Both companies' CEOs expressed positive sentiment about the collaboration, with Martin Kay from Netcapital and Christopher J. Moreau from Algernon commenting on the partnership.

The press release emphasizes that no securities can be sold before SEC qualification, and the announcement is purely informational. Investment risks are highlighted, including the speculative and illiquid nature of early-stage company investments, with potential for complete capital loss.

Netcapital (NASDAQ: NCPL) announced agreements for the immediate exercise of outstanding warrants to purchase 270,861 shares of common stock. The warrants, originally issued in December 2023 and May 2024 with a $10.85 exercise price, will be exercised at a reduced price of $1.80 per share.

The company expects to receive gross proceeds of approximately $487,549 before deducting fees and expenses. In exchange for the immediate exercise, Netcapital will issue new unregistered warrants: Series A-5 warrants for up to 361,148 shares and Series A-6 warrants for up to 180,574 shares, both with an exercise price of $2.07 per share.

The offering is expected to close around January 13, 2025, with H.C. Wainwright & Co. acting as exclusive placement agent. Netcapital plans to use the net proceeds for general working capital purposes.

Netcapital (NASDAQ: NCPL) reported Q2 FY2025 financial results showing significant revenue decline. Revenue decreased 92% year-over-year to $170,528 from $2.04 million, though showing a 20% increase from Q1 FY2025. The company reported an operating loss of ($2.2 million) compared to operating income of $52,220 in Q2 FY2024. Net loss was ($2.22 million) versus a profit of $339,616 last year, with loss per share of ($2.34).

Notable developments include Netcapital Securities receiving FINRA approval as a broker-dealer, enabling the company to support Reg A and Reg D offerings, facilitate larger fundraises, and establish fee-sharing agreements. Cash position stood at $1.35 million as of October 31, 2024.