Score Breakdown
Offering Ability
100
Cash Runway
85
Float Risk
47
Warrant Exposure
40
Convertible Debt
35
Dilution Forecast
⛈️
Warning
High probability of dilution event
model est. 54%
🔄 Reverse Split
model est. 70%
• 50-day avg $0.49 below $1 exchange minimum
• Only 3 months cash — financial pressure
💰 Capital Raise
model 55%
• Low cash runway: 3 months remaining
• Active shelf registration ($9M, 107% of market cap)
🔁 Convertible Conversion
model 15%
• Convertible debt present: 6.2% potential dilution
Market Data
Market Cap$8.63M
Shares Outstanding7.85M
Float4.39M
Cash$2.47M
Debt$2.91M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 13.2% shares (2026Q1 vs prior)
11 institutional holders · 222.4K shares
#1
GEODE CAPITAL MANAGEMENT, LLC
72.2K shares
#2
VANGUARD CAPITAL MANAGEMENT LLC
41.2K shares
#3
CITADEL ADVISORS LLC
38.6K shares
+ 8 more holders Sign up free to view →
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest67.3K
Days to Cover1.1
% of Float1.5%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2025-04-30
xbrl
XBRL CONVERTIBLE
2023-04-30
8-K
8K EVENT
2026-07-09
8-K
8K EVENT
2026-07-08
8-K
8K EVENT
2026-06-10
Full SEC filing analysis available with free account →
Factual NCPL Dilution Snapshot
Netcapital Inc. (NCPL) has a DilutionScore of 84/100, rated Critical dilution risk. Score date: August 28, 2026.
- Stored shelf registration capacity: $9.2M.
- Recent SEC activity tracked for NCPL: 8-K on 2026-07-09; 8-K on 2026-07-08; 8-K on 2026-06-10.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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