Summary by Moomoo AI
Netcapital Inc. has announced that its Annual Meeting of Shareholders is scheduled to be held virtually on September 25, 2024. Shareholders will be able to participate in the meeting by calling a toll-free number provided. The company has released additional proxy materials and has encouraged shareholders to review these materials available at www.netcapital.vote before voting. The materials include the Proxy Statement and Form 10-K, and shareholders may vote online until 7:00 PM Eastern Time the day before the meeting. The Board of Directors recommends voting 'for' a series of proposals, including the election of five board members, ratification of the company's independent accounting firm, and approval of executive compensation. Additionally, the Board seeks approval for amendments to the company's bylaws and Articles of Incorporation, as well as the issuance of common stock purchase warrants and placement agent warrants related to a May 2024 offering. The record date for determining shareholders eligible to vote has been set for August 6, 2024.
