Group 1 - The company, Netcapital Inc., closed a registered direct offering, selling 641,712 shares of common stock at a price of $4.675 per share, generating approximately $3 million in gross proceeds [1][3] - In a concurrent private placement, the company issued unregistered short-term warrants to purchase an additional 641,712 shares at an exercise price of $4.55 per share, potentially adding up to $2.9 million in gross proceeds if fully exercised [1][3] - The net proceeds from the offering will be used for repaying certain outstanding promissory notes and for general working capital purposes [3] Group 2 - H.C. Wainwright & Co. acted as the exclusive placement agent for the offering [2] - The common stock was offered under a "shelf" registration statement declared effective by the SEC on October 26, 2022, and the offering was made only by means of a prospectus [4] - The unregistered short-term warrants were offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under the Securities Act or applicable state securities laws [5] Group 3 - Netcapital Inc. is a fintech company that provides a scalable technology platform for private companies to raise capital online and offers private equity investment opportunities to investors [7] - The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies [7] - The company's funding portal and broker-dealer are both registered with the SEC and are members of FINRA [7]