Avadain Raises Over $1.275 Million in First 24 Hours on Netcapital
Rhea-AI Summary
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.
Positive
- Strong investor interest demonstrated by $1.275M raised in just 24 hours
- Third successful offering on platform indicates recurring business
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NCPL declined 0.58%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BOSTON, MA, April 10, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that graphene-licensing technology company, Avadain, raised more than
Avadain’s offering is available for a limited time on Netcapital.com. Investors can review offering details, risks, and disclosures by visiting https://netcapital.com/companies/avadain.
About Avadain
Avadain is a Tennessee-based company with a globally patented technology to manufacture the type of graphene that it believes can be used as an additive material in thousands of applications across leading growth industries.
About Netcapital Inc.
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.
Forward Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Contact
800-460-0815
ir@netcapital.com
FAQ
How much did Avadain raise in the first 24 hours on Netcapital's platform (NCPL)?
When did Avadain launch its third offering on Netcapital (NCPL)?
What type of company is Avadain that's raising funds through Netcapital (NCPL)?
Where can investors find information about Avadain's offering on Netcapital (NCPL)?
