Netcapital Inc (NCPL)

[Cottage on the Lake]

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Lifting Penny Stock Restrictions Simplifies Investing for New Participants.

Penny Stock Exempt Status Increases Attractiveness to Potential New Netcapital Inc. Investors.

Netcapital Inc. to Trade Under the Ticker NCPL Effective 12/4/2020, as Previously Announced.

Netcapital Inc. (OTC: NCPL), a fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed, announced that the company’s stock has been designated Penny Stock Exempt by OTC Markets, in accordance with the Securities and Exchange Commission (SEC) rules. Netcapital Inc.'s stock will no longer be subject to the broker and trading limitations associated with the Penny Stock regulations. Additionally, Netcapital Inc. will commence trading under NCPL, its new ticker symbol, effective December 4 2020, as previously announced.

"Achieving Penny Stock Exempt status makes it easier for investors to transact in Netcapital Inc. shares (NCPL) and paves the way for potential new investors; we’re delighted to reach this significant milestone," commented Cecilia Lenk, Netcapital Inc.'s CEO. "Of course, none of this would be possible without our incredible team. I want to thank our entire team for their hard work and dedication to our success. We’re all excited about building on this momentum and continuing to deliver for stakeholders."