Netcapital Inc. Begins Trading on OTCQX® Best Market
Netcapital Inc. (OTCQX: NCPL) has successfully transitioned from the OTC Pink® market to the OTCQX® Best Market, effective immediately. This upgrade is expected to enhance visibility and appeal to institutional investors. To qualify for OTCQX, companies must meet stringent financial standards and adhere to corporate governance practices. Netcapital provides a platform for private companies to raise capital online and offers investors access to pre-IPO opportunities. The CEO stated this milestone will attract more investors and improve stakeholder relations.
- Transitioned to OTCQX® Best Market to enhance visibility.
- Expected to attract institutional investors to NCPL shares.
- None.
Netcapital Inc. (OTCQX: NCPL), a digital private capital markets ecosystem, announced it has qualified to trade on the OTCQX® Best Market from the OTC Pink® market effective today. The company will continue to trade under its current ticker symbol, “NCPL”. Trading on OTCQX® Best Market is expected to provide Netcapital Inc. with enhanced visibility and exposure within the investment community.
To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“We’re proud to have successfully qualified to trade on the OTCQX® Best Market and believe achieving this significant milestone will increase the attractiveness of NCPL shares to potential investors, particularly institutional investors,” commented Cecilia Lenk, PhD, CEO of Netcapital Inc. “I want to celebrate and thank the Netcapital Inc. team for continuing to demonstrate our ability to execute against our objectives. We look forward to building on this momentum and delivering for stakeholders into the future.”
About Netcapital Inc.:
Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and gives investors access to pre-IPO investment opportunities. Netcapital.com also provides potential liquidity for investors through an ATS partnership with Rialto Markets. The company's consulting group, Netcapital Advisors, assists private companies in raising capital online. Advisors also incubates and takes equity positions in select early-stage 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/20210518005715/en/
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