Netcapital Inc. Announces Registered Direct Offering

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May 23, 2023

Netcapital+Inc. (Nasdaq: NCPL, NCPLW), (“Netcapital” or the “Company”), a digital private capital markets ecosystem, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,100,000 shares of its common stock, at a purchase price of $1.55 per share. The offering is expected to close on May 25, 2023, subject to satisfaction of customary closing conditions.