Netcapital Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Group 1 - Netcapital Inc. announced the grant of an inducement restricted stock award of 1,000,000 shares of common stock to a new employee under the 2023 Omnibus Equity Incentive Plan [1] - The 2023 Equity Incentive Plan allows for the issuance of equity awards in the form of inducement grants in accordance with Nasdaq Listing Rule 5635(c) [2] - The Restricted Stock Award will vest based on the company's revenue from February 1, 2026, to January 31, 2027, with specific revenue thresholds determining the vesting percentage [3] Group 2 - Netcapital Inc. is a fintech company that provides a platform for private companies to raise capital online and offers private equity investment opportunities [4] - The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies [4] - Netcapital's funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) [4]