Netcapital Announces Alternative Trading System (ATS) Partnership with Templum Markets LLC

Rhea-AI Summary

Netcapital Inc. (Nasdaq: NCPL, NCPLW) has announced a partnership with Templum Markets LLC, an operator of an Alternative Trading System (ATS). This collaboration aims to enhance liquidity options for investors participating in Netcapital's funding portal. By gaining direct access to Templum's ATS, Netcapital plans to provide a structured trading venue for private securities, representing a competitive advantage in the digital private markets. CEO Martin Kay emphasizes the benefits this partnership will unlock for both investors and issuers.

Positive

• Partnership with Templum Markets enhances liquidity options for investors.
• Direct access to a regulated trading venue for private securities.
• Partnership positions Netcapital competitively in digital private markets.

Negative

• None.

Powered by Templum Markets’ ATS, Netcapital plans to facilitate secondary trading and liquidity for funding portal participants and investors

BOSTON--(BUSINESS WIRE)-- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced a new partnership between Netcapital Systems LLC, a Utah limited liability company and wholly owned subsidiary of the Company, and Templum Markets LLC, operator of an Alternative Trading Systems (ATS) with approval in 53 U.S. States and Territories for the trading of unregistered or private securities.

Martin Kay, CEO of Netcapital Inc., commented, “We are excited to announce this partnership which we believe will bring numerous extended benefits to our funding portal investors and issuers. With direct access to Templum Markets’ ATS, Netcapital plans to offer investors who purchase stock through the Netcapital funding portal the ability to unlock liquidity through a structured, regulated alternative trading venue. We believe this represents a strong competitive advantage and a key differentiator for Netcapital within the digital private markets landscape.”

“We are delighted to partner with Netcapital to provide its issuers and investors access to a secondary market, thereby unlocking new liquidity options in historically illiquid securities,” stated Christopher Pallotta, Founder, and CEO of Templum. “Our ATS enables investors to trade private securities through our integrated patent pending market technologies and robust regulatory approval set for secondary trading.”

About Templum
Templum Markets LLC. is a New York-based broker-dealer and Alternative Trading System (ATS) approved to trade unregistered private securities in 53 U.S. States and Territories and is a wholly owned subsidiary of Templum, Inc., an award-winning trading technology company. Templum is paving the way for investors to participate in new asset classes through integrated patent pending market technologies and APIs for primary issuance and secondary trading. Templum's combined solution provides liquidity and distribution in private markets by enabling a continuous trading experience for investors rather than the manual processes currently in place. In doing so, Templum delivers custom trading solutions to power marketplaces. For more information, please visit www.templuminc.com.

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 with disruptive technologies. The Netcapital funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association.

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005068/en/

Investors

800-460-0815

ir@netcapital.com

Source: Netcapital Inc.

FAQ

What is the partnership between Netcapital and Templum Markets about?

Netcapital has partnered with Templum Markets to provide enhanced liquidity and trading options for private securities through Templum's Alternative Trading System.

How will the partnership impact Netcapital investors?

The partnership aims to unlock liquidity for investors in Netcapital's funding portal, allowing easier trading of private securities.

What is the significance of Netcapital's partnership with Templum?

The partnership is significant as it provides a regulated trading venue that can enhance investor confidence and participation in private markets.

When was the partnership between Netcapital and Templum announced?

The partnership was announced in a press release on a date referenced in the recent announcement by Netcapital.

What are the stock symbols for Netcapital?

Netcapital's stock symbols are NCPL and NCPLW.