Netcapital Inc. entered into a Securities Purchase Agreement with Labrys Fund II, L.P. on June 3, 2026, receiving net cash proceeds of $111,250. The transaction included the issuance of a $145,000 principal amount unsecured promissory note and a warrant to purchase 125,000 shares of common stock at $0.50 per share. The note matures on June 3, 2027, and includes a one-time interest charge of $17,400. Netcapital Inc. operates in the financial services industry, providing technology-driven investment platforms.
