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Netcapital | 10-K/A: Annual report (Amendment)

SEC announcement ·  Mar 5 17:22
Summary by Moomoo AI
Netcapital Inc., a company incorporated in Utah and listed on The Nasdaq Stock Market LLC under the symbol NCPL, has filed an amended annual report for the fiscal year ended April 30, 2023. The amendment, submitted to the Securities and Exchange Commission on March 5, 2024, corrects the Exhibit 23.1 in the original filing dated July 26, 2023, to include the Registration Statement on Form S-3 (File No. 333-267921) in the list of registration statements for which consent was provided by the independent accounting firm, Fruci & Associates. This filing does not reflect any changes to the financial statements or other disclosures and is limited to the exhibit correction. Netcapital Inc. has also provided new certifications by the principal executive officer and principal financial officer as required by the...Show More
Netcapital Inc., a company incorporated in Utah and listed on The Nasdaq Stock Market LLC under the symbol NCPL, has filed an amended annual report for the fiscal year ended April 30, 2023. The amendment, submitted to the Securities and Exchange Commission on March 5, 2024, corrects the Exhibit 23.1 in the original filing dated July 26, 2023, to include the Registration Statement on Form S-3 (File No. 333-267921) in the list of registration statements for which consent was provided by the independent accounting firm, Fruci & Associates. This filing does not reflect any changes to the financial statements or other disclosures and is limited to the exhibit correction. Netcapital Inc. has also provided new certifications by the principal executive officer and principal financial officer as required by the Exchange Act. The market value of Netcapital's common equity held by non-affiliates was approximately $4.4 million as of October 31, 2022. As of July 26, 2023, the company reported having 9,415,382 shares of common equity outstanding. The company's business development and future plans were not discussed in this amendment, as it focuses solely on the correction of the prior exhibit and includes no new financial data or strategic updates.

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