Netcapital Inc. has granted a new inducement restricted stock award totaling 1,000,000 shares of common stock to a new employee under its 2023 Omnibus Equity Incentive Plan. The award will vest on March 15, 2027, with the number of shares vested determined by the company's revenue performance from February 1, 2026, to January 31, 2027. No shares will vest if revenue is below $900,000 during that period, while all shares will vest if revenue reaches at least $1,500,000. Pro-rata vesting will occur for revenue results between these targets. The restricted stock will carry voting rights upon issuance.