Netcapital Grants 1 Million Shares of Restricted Stock to New Employee
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago0mins
- Incentive Program Launch: Netcapital Inc. grants 1 million shares of restricted stock to a new employee under the 2023 Omnibus Equity Incentive Plan, aimed at attracting and retaining talent, thereby enhancing the company's human resource advantage in the competitive fintech market.
- Stock Grant Details: The restricted stock will vest fully on March 15, 2027, with vesting conditions tied to the company's revenue performance from February 2026 to January 2027, where no shares vest if revenue is below $900,000 and full vesting occurs at $1.5 million, reflecting the company's focus on performance-driven incentives.
- Market Compliance: This stock grant complies with Nasdaq Listing Rule 5635(c)(4), ensuring the company's adherence to regulations in attracting investors and employees, which enhances market trust and facilitates future fundraising activities.
- Company Background: Netcapital Inc. is a fintech company providing an online capital raising platform, combining consulting services with investment opportunities, aimed at improving efficiency and transparency in the private capital markets, thus driving long-term growth for the company.
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About NCPL
Netcapital Inc. is a fintech company. The Company’s technology platform allows private companies to raise capital online from accredited and non-accredited investors. Its consulting group, Netcapital Advisors, helps companies at all stages to raise capital. Netcapital Advisors provides strategic advice, technology consulting and online marketing services to assist with fundraising campaigns on the Netcapital platform. Netcapital Advisors’ services include incubation of technology start-ups, investor introductions, online marketing, Website design, software and software development, message crafting, including pitch decks, offering pages, and ad creation, strategic advice and technology consulting. The Company’s funding Portal provides private companies with access to investments from accredited and non-accredited retail investors through its online portal www.netcapital.com, which is operated by its wholly owned subsidiary Netcapital Funding Portal, Inc.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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