Netcapital Inc. (OTC: NCPL), a fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed, announced that the company’s stock has been designated Penny Stock Exempt by OTC Markets, in accordance with the Securities and Exchange Commission (SEC) rules. Netcapital Inc.’s stock will no longer be subject to the broker and trading limitations associated with the Penny Stock regulations. Additionally, Netcapital Inc. will commence trading under NCPL, its new ticker symbol, effective December 4 2020, as previously announced.
“Achieving Penny Stock Exempt status makes it easier for investors to transact in Netcapital Inc. shares (NCPL) and paves the way for potential new investors; we’re delighted to reach this significant milestone,” commented Cecilia Lenk, Netcapital Inc.’s CEO. “Of course, none of this would be possible without our incredible team. I want to thank our entire team for their hard work and dedication to our success. We’re all excited about building on this momentum and continuing to deliver for stakeholders.”
About Netcapital Inc.:
Netcapital Inc. is a publicly traded fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed. We help companies at all stages to build, grow and fund their businesses with a full range of services from strategic advice to raising capital. Our online private investment platform, Netcapital.com, employs powerful and scalable technology that connects entrepreneurs and investors, enabling companies to raise capital digitally. Netcapital.com provides investor access to pre-IPO investment opportunities as well as potential liquidity in privately held shares via a Secondary Transfer Platform. Netcapital Advisors, our team of professional investors and digital marketing experts, offers deep expertise across a range of verticals including biotechnology, technology and public policy. Netcapital Advisors has a strong track record of facilitating successful fundraising campaigns by leveraging its unique experience in digital capital raises as well as its extensive network of institutional and accredited investors. The company also acts as an incubator and accelerator, taking equity stakes in select disruptive start-ups. To learn more about how Netcapital Inc. can help your business please visit our website at https://NetcapitalInc.com.
The Netcapital funding portal 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. For more information, please visit https://netcapital.com.
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