Netcapital Inc. entered into a Securities Purchase Agreement with Vanquish Funding Group Inc. on June 4, 2026, issuing a $182,120 principal amount promissory note to receive $157,000 in gross proceeds. The note matures on March 30, 2027, and requires five scheduled payments totaling $205,795. The note includes a 13% one-time interest charge and a 150% to 200% principal and interest penalty upon default. The company is a financial technology platform providing investment and investment management services.
