Friday, September 25, 2020 4:32:54 PM
"On May 6, 2020 the Company borrowed $1,885,800 (the “May Loan”) and on June 17, 2020 the Company borrowed $500,000 (the “June Loan”) from a U.S. Small Business Administration (the "SBA") loan program. The May Loan has an initial term of two years and an interest rate of 1% per annum. Principal payments are delayed until the Company negotiates with the lender as to the amount of principal that is subject to repayment. If repayment of the May Loan is required, payments begin after a six-month deferral period, in which interest accrues, and payments are to be made in equal installments of approximately $106,125 over an 18-month period. Of the $1,885,800 balance, $955,125 is considered a short-term liability. Accrued interest payable on the May Loan amounted to $4,443 as of July 31, 2020."
Recent NCPL News
- Netcapital Announces Exercise of Warrants for $2.2 Million Gross Proceeds • Business Wire • 05/24/2024 08:47:00 PM
- Netcapital Announces Intention to Complete a Reverse Stock Split at Special Stockholder Meeting • Business Wire • 05/24/2024 04:38:00 PM
- Netcapital Pursues Broker-Dealer License to Increase Potential Revenue Generation • Business Wire • 05/08/2024 12:00:00 PM
- Netcapital Announces Third Quarter Fiscal 2024 Financial Results • Business Wire • 03/18/2024 09:41:00 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 03/05/2024 10:18:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:10:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 09:00:28 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:47:07 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 01/09/2024 11:05:14 AM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 01/09/2024 11:03:11 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/04/2024 09:31:19 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 12/29/2023 06:07:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/27/2023 09:14:28 PM
- Netcapital Announces Closing of $4 Million Public Offering • Business Wire • 12/27/2023 06:19:00 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 12/26/2023 08:22:39 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 12/22/2023 05:15:14 AM
- Netcapital Announces Pricing of $4 Million Public Offering • Business Wire • 12/22/2023 02:27:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 10:12:08 PM
- Netcapital Funding Portal Revenues Increase by More Than 150% • Business Wire • 12/14/2023 09:10:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/14/2023 09:06:01 PM
- Netcapital to Present at The Singular Research Best of the Uncovereds Conference on December 7, 2023 • Business Wire • 12/05/2023 09:15:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/30/2023 10:19:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2023 10:14:44 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/15/2023 09:05:55 PM
- AMERICAN WEEKEND ENTERTAINMENT TEAMS WITH NETCAPITAL FOR CAPITAL RAISE • PR Newswire (US) • 11/08/2023 05:01:00 PM
FEATURED DaBaby and Stunna 4 Vegas's "NO DRIBBLE" Joins Music Licensing, Inc.'s Portfolio • Jun 7, 2024 10:15 AM
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. • MSRM • Jun 5, 2024 1:32 PM
Hydromer Announces Launch of HydroThrombX Medical Device Coating Technology • HYDI • Jun 5, 2024 10:24 AM
Dr. Michael Dent Finances $1 Million to Drive HealthLynked's Healthcare Transformation • HLYK • Jun 5, 2024 8:00 AM
Avant Technologies Enters Binding LOI to Purchase Dozens of High-Performance, Immersible, AI-Powered Servers • AVAI • Jun 5, 2024 8:00 AM
IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • IQST • Jun 4, 2024 1:43 PM