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Netcapital enters USD 125,000 private placement financing with Vanquish Funding Group

PUBT·05/01/2026 20:08:14
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Netcapital enters USD 125,000 private placement financing with Vanquish Funding Group
  • Netcapital entered two Securities Purchase Agreements with Vanquish Funding Group on April 26, 2026, issuing promissory notes totaling USD 144,550 for USD 125,000 in proceeds.
  • Bridge Note carried principal of USD 92,800, included a one-time 14% interest charge, scheduled to mature Feb. 28, 2027.
  • Separate Promissory Note carried principal of USD 51,750, included a one-time 12% interest charge, scheduled to mature Feb. 28, 2027.
  • Netcapital issued an unsecured, non-convertible promissory note on April 30, 2026, with principal of USD 300,000 for USD 150,000 in gross proceeds.
  • Related-party note was sold to Netcapital Systems, bore 8% annual interest, scheduled to mature Sept. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netcapital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-020888), on May 01, 2026, and is solely responsible for the information contained therein.