Shares of Netcapital Inc. (NASDAQ: NCPL) are down 3.4% in pre-market trading, slipping to $4.54 on Tuesday, July 15, 2025. This follows a previous closing price of $4.70.
The company announced the closing of its registered direct offering, selling 714,286 shares of common stock at $7.00 per share, generating gross proceeds of approximately $5 million. Netcapital Inc. plans to use the net proceeds to repay certain outstanding promissory notes, with the remaining funds allocated for general working capital purposes.
