Form 8-K

8-K — Netcapital Inc.

Accession: 0001493152-26-040478

Filed: 2026-08-28

Period: 2026-08-24

CIK: 0001414767

SIC: 6199 (FINANCE SERVICES)

Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item: Financial Statements and Exhibits

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES

EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): August 24, 2026

NETCAPITAL

INC.

(Exact

name of registrant as specified in its charter)

Utah

001-41443

87-0409951

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

Lincoln Street, Boston, Massachusetts

02111

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (781) 925-1700

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.001 per share

NCPL

The

Nasdaq Stock Market LLC

Warrants

to Purchase Common Stock

NCPLW

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2

of the Securities Exchange Act of 1934.

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

August 24, 2026, Netcapital Inc. (the “Company”) received a delinquency notification letter (the “Notice”) from

the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company

that, because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended April 30, 2026 (the “Form

10-K”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file

all required periodic financial reports with the Securities and Exchange Commission.

The

Notice has no immediate effect on the listing or trading of the Company’s common stock or warrants on The Nasdaq Stock Market.

However, Nasdaq has advised the Company that, beginning five business days from the date of the Notice, the Company will be included

in Nasdaq’s public list of non-compliant companies, and an indicator reflecting the Company’s non-compliance will be broadcast

over Nasdaq’s market data dissemination network and made available to third-party market data providers.

Under

the Nasdaq Listing Rules, the Company has 60 calendar days from receipt of the Notice, or until October 23, 2026, to submit a plan to

regain compliance with Nasdaq Listing Rule 5250(c)(1). If Nasdaq accepts the Company’s plan, Nasdaq may grant an exception of up

to 180 calendar days from the Form 10-K’s due date, or until February 9, 2027, for the Company to regain compliance. If Nasdaq

does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel pursuant

to Nasdaq Listing Rule 5815(a).

The

Company intends to submit a plan to regain compliance within the period required by Nasdaq and to file the Form 10-K as promptly as practicable.

However, there can be no assurance that Nasdaq will accept the Company’s plan, that the Company will be able to regain compliance

with Nasdaq Listing Rule 5250(c)(1), or that the Company will be able to maintain compliance with the other continued listing requirements

of Nasdaq.

August 28, 2026, the Company issued a press release announcing its receipt of the Notice, a copy of which is attached hereto as Exhibit

99.1 and incorporated herein by reference. This Current Report on Form 8-K and the press release are intended to satisfy the public announcement

requirement of Nasdaq Listing Rule 5810(b).

Item

9.01. Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

99.1

Press release of Netcapital Inc., dated August 28, 2026.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned thereunto duly authorized.

NETCAPITAL

INC.

August

28, 2026

By:

/s/

Todd Violette

Name:

Todd

Violette

Title:

Chief

Executive Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

Netcapital

Inc. Announces Receipt of Nasdaq Notification Regarding Delayed Annual Report on Form 10-K

BOSTON,

Massachusetts — August 28, 2026 — Netcapital Inc. (Nasdaq: NCPL) (the “Company”) today announced that on August

24, 2026 it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq

Stock Market LLC (“Nasdaq”) notifying the Company that, because the Company has not yet filed its Annual Report on Form 10-K

for the fiscal year ended April 30, 2026 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1),

which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.

The

Notice has no immediate effect on the listing or trading of the Company’s common stock or warrants on The Nasdaq Stock Market.

Under the Nasdaq Listing Rules, the Company has 60 calendar days from receipt of the Notice, or until October 23, 2026, to submit a plan

to regain compliance. If Nasdaq accepts the Company’s plan, Nasdaq may grant an exception of up to 180 calendar days from the Form

10-K’s due date, or until February 9, 2027, for the Company to regain compliance.

The

Company intends to submit a plan to regain compliance within the period required by Nasdaq and to file the Form 10-K as promptly as practicable.

However, there can be no assurance that Nasdaq will accept the Company’s plan, that the Company will be able to regain compliance

with Nasdaq Listing Rule 5250(c)(1), or that the Company will be able to maintain compliance with other Nasdaq continued listing requirements.

This

press release is issued pursuant to, and is intended to satisfy, the public announcement requirement of Nasdaq Listing Rule 5810(b).

About

Netcapital Inc.

Netcapital

Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides

private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and

strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc.,

is registered with the U.S. Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority. The Company’s

broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

Forward-Looking

Statements

This

press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including,

without limitation, statements regarding the Company’s intention to submit a plan to regain compliance with the Nasdaq Listing

Rules and to file the Form 10-K, and the timing thereof. Forward-looking statements are subject to risks and uncertainties that could

cause actual results to differ materially from those expressed or implied by such statements, including, among others: the Company’s

ability to complete its financial statements and the audit thereof; the Company’s ability to engage an independent registered public

accounting firm; whether Nasdaq accepts any compliance plan submitted by the Company and grants any exception period; the outcome of

the previously disclosed SEC civil action; and the Company’s liquidity and financial condition. These and other risks are described

in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date

of this press release, and the Company undertakes no obligation to update any forward-looking statement except as required by law.

Contact:

800-460-0815

ir@netcapital.com

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