MOVER · PRE-MARKET · CAPTURED 07:10 ET

NCPL down 28.3% on Sep 4 2026 with no filing that explains it

NCPL-28.3%on Fri Sep 4 2026

Netcapital Inc. Common Stock was down 28.3% on the day at $0.7381, ranked #10 on 24.0× its usual five-minute volume, when TapeRank recorded this drop at 07:10 ET during the pre-market session.

WHAT THE ROW LOOKED LIKE

LAST0.7381

DAY▼ 28.3%

5 MIN▲ 1.23%

5M RVOL24.0×

5M $VOL$500K

FLOAT*7.8M

RANK#10

SESSIONPRE-MARKET

* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

AI VERDICT

UNEXPLAINEDCONFIDENCE3/5

NCPL is down 31% pre-market on a small float and elevated volume, but the only recent filing is a board resignation and replacement tied to a previously disclosed SEC civil action against the company's founder and others. This governance disclosure does not quantify any new financial or operational impact that would explain a move of this magnitude, so the drop appears driven by order flow and lingering overhang from the SEC litigation rather than fresh news.

WHYA -31% move dwarfs the incremental information content of a single director resignation letter referencing an already-known SEC lawsuit.

ANALYZED 07:02 ET · 8 MIN AGO · ANTHROPIC/CLAUDE-SONNET-5

FILINGS · 24H BEFORE THE MOVE

THU 13:10 ET8-K — Departure or Election of Directors or Officers; Financial Statements and ExhibitsSEC 8-K

SESSION LEVELS AT CAPTURE

VWAP0.7176

HOD0.9624

LOD0.5800

OR HIGH—

OR LOW—

PREV CLOSE1.03

PM HIGH0.7746

PM LOW0.6319

GAP▼ 9.70%

— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO