Netcapital Engages First Asset Tokenization with PureWave Hydrogen
Netcapital has engaged its first issuer of tokenized assets. As part of this initiative, Netcapital has commenced work with PureWave Hydrogen, a company listed on the TSX Venture Exchange, to structure a securities-based tokenization of hydrogen drilling assets located in the Mid-Continent Kansas shelf. Netcapital believes this engagement represents its first potential revenue-generating real-world asset tokenization initiative and is being developed as a repeatable template for future issuer engagements across additional asset classes. The Company intends to apply a consistent fee structure and technology framework across subsequent real-world asset tokenization projects in order to build a scalable, diversified stream of platform revenue over time. Netcapital is currently evaluating and in discussions with additional prospective issuers that may be suitable candidates for similar structures; however, there is no assurance that such discussions will result in completed engagements.
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Penguin Solutions Reports Q1 Earnings of $0.49, Shares Up 5.3%
- Earnings Beat: Penguin Solutions reported Q1 earnings of $0.49 per share, surpassing analyst expectations of $0.44, indicating robust profitability that may attract more investor interest.
- Sales Growth: The company achieved quarterly sales of $343.071 million, exceeding the analyst consensus of $338.758 million, reflecting strong market demand and potential for sustained growth.
- Stock Price Surge: Following the earnings report, Penguin Solutions' shares rose 5.3% to $22.70 in pre-market trading, demonstrating a positive market reaction to its financial performance.
- Increased Market Confidence: The positive results not only bolster investor confidence but may also enhance the company's prospects for better terms in future financing and expansion plans.

Netcapital Acquires Iverson Design Assets, Shares Surge 33%
- Stock Surge: Netcapital Inc. shares rose 32.99% in after-hours trading to $0.91 following the acquisition of assets from Massachusetts-based Iverson Design LLC, indicating strong market confidence in the deal.
- Acquisition Details: The acquisition includes Iverson Design's intellectual property portfolio, featuring a proprietary suite of AI-driven design, animation, and real-time rendering technologies, with Netcapital issuing 980,000 shares as consideration, thereby enhancing its technological capabilities.
- Strategic Shift: CEO Rich Wheeless stated that this acquisition supports the company's transition to tokenization and digital asset offerings, aiming to deliver an approachable and visually appealing tokenization experience in the market, reflecting a commitment to future growth.
- Potential Benefits: Post-acquisition, Netcapital plans to leverage AI-assisted design workflows to shorten turnaround times for motion graphics and investor materials, while also providing 3D visualization capabilities to showcase tokenized real-world assets, thereby improving the consistency and quality of investor-facing content across its ecosystem.









