Netcapital Inc. received a letter from Nasdaq on October 7, 2026, confirming that its common stock closed at or above $1.00 per share for ten consecutive business days ending October 6, resolving the deficiency first identified in February 2026. The company remains out of compliance with Nasdaq Listing Rule 5250(c)(1) due to delinquent periodic reports and must submit a compliance plan by October 23, 2026. Additionally, Netcapital engaged Adeptus Partners as its new independent registered public accounting firm to audit fiscal years 2022 through 2026 and support the completion of required restatements. Netcapital Inc. operates in the fintech industry, providing a technology platform for private companies to raise capital online.
