Amendment: SEC Form SC 13G/A filed by Netcapital Inc.

9/27/24 12:22:58 PM ET

Finance: Consumer Services

Finance

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SC 13G/A 1 r13g092624ncpl.txt NCPL 13G/A ________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _____1______)* NetCapital, Inc. ________________________________________ (Name of Issuer) Common Stock and Warrants ________________________________________ (Title of Class of Securities) 64113L103 ________________________________________ (CUSIP Number) September 25, 2024 ________________________________________ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ x ] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 64113L103 ________________________________________ ----------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Bard Associates, Inc. 36-3452497 ------------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) / / -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- Number of 5. Sole Voting Power Shares Beneficially 0 Owned by --------------------------------------------- Each Reporting 6. Shared Voting Power Person with 0 --------------------------------------------- 7. Sole Dispositive Power 0 --------------------------------------------- 8. Shared Dispositive Power 3,120 (Based on 0 Common Shares and 218,373 Warrants exchangeable for 3,120 Common Shares) --------------------------------------------- ---------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,120 (Based on 0 Common Shares and 218,373 Warrants exchangeable for 3,120 Common Shares) ---------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / ----------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0.4% ----------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IA ----------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer NetCapital, Inc. ----------------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices 1 Lincoln Street Boston, MA 02111 ------------------------------------------------------------------------------ ITEM 2. (a) Name of Person Filing Bard Associates, Inc. ----------------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence 135 South LaSalle Street, Suite 3700 Chicago, IL 60603 ----------------------------------------------------------------------------- (c) Citizenship United States ----------------------------------------------------------------------------- (d) Title of Class of Securities ------------------------------------------------------------------------------ (e) CUSIP Number 64113L103 ------------------------------------------------------------------------------ ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) or 240.13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or dealer registered under section 15 of The Act (15 U.S.C. 78o). (b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) / / Insurance company as deined in section 3(a)(19) Of the Act (15. U.S.C. 78c). (d) / / Investment company registered under section 8 of The Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) / x / An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) / / An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) / / A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(1)(ii)(G); (h) / / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) / / A church plan that is excluded from the definition of an Investment company under section 3(c)(14) of the Investment Company Act of 1940 (15. U.S.C. 80a-3); (j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). ------------------------------------------------------- ITEM 4. OWNERSHIP The information reported below in the Item 4(a) is as of September 26, 2024, consisting of 3,120 (Based on 0 Common Shares and 3,120 Warrants) shares. The percentage set forth in Item 4(b) is calculated based on 778,054 shares outstanding, comprised of 774,934 shares of the Issuer's Common Stock outstanding as reported in the Issuer's 10-Q for the period July 31,2024 (filed September 16,2024) plus the assumption of 218,373 exercised warrants exchangeable for 3,120 common shares. (a) Amount beneficially owned: 3,120 (Based on 0 Common Shares and 218,373 Warrants exchangeable for 3,120 Common Shares) (b) Percent of Class 0.4% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 ---------------------------------------------------- (ii) Shared power to vote or to direct the vote 0 ------------------------------------------------------ (iii) Sole power to dispose or to direct the disposition of 0 ------------------------------------------------ (iv) Shared power to dispose or to direct the disposition of 3,120 (Based on 0 Common Shares and 218,373 Warrants exchangeable for 3,120 Common Shares) --------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof The reporting person has ceased to be the beneficial owner of more than five Percent of the class of securities, check the following / X /. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP ITEM 9. NOTICE OF DISSOLUTION OF GROUP ITEM 10.CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. September 27, 2024 ------------------------------------------- Date /s/ Michael Y. Demaray ---------------------------------------------- Signature Michael Y. Demaray/ President ----------------------------------------------------- Name/Title

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Amendment: SEC Form SC 13G/A filed by Netcapital Inc.

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