Summary by Moomoo AI
Netcapital Inc., a Utah corporation, has announced a Special Meeting of Shareholders to be held virtually on February 23, 2024. The meeting will address the approval of common stock purchase warrants and placement agent warrants issued during the company's December 2023 public offering. These warrants are in accordance with Nasdaq Listing Rule 5635(d), which requires shareholder approval for the issuance of securities in certain private placement transactions. The meeting will also consider the authorization to adjourn the Special Meeting if necessary to solicit additional proxies if there are insufficient votes to approve the proposals at the time of the Special Meeting. The board of directors has set December 26, 2023, as the record date for determining shareholders entitled to notice and vote at the meeting. The announcement emphasizes the importance of shareholder votes, urging all shareholders to complete, date, sign, and return the provided proxy without delay, regardless of their attendance plans.