legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

NCPL to Broaden Horizons Beyond Traditional Securities into Crypto and Blockchain-Enabled Investments

Exciting Leadership Changes at Netcapital Inc.

Appointment of Rich Wheeless as CEO

BOSTON, MA, Dec. 08, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW) (referred to as “the Company”) has made a significant move by announcing the appointment of Rich Wheeless as the new Chief Executive Officer. Former CEO, Martin Kay, will continue to support the company in an advisory capacity, ensuring a smooth transition and ongoing leadership stability.

Rich Wheeless: An Experienced Executive

Extensive Background in Financial Leadership

Rich Wheeless is a proficient executive with an impressive track record spanning over 20 years in financial leadership and corporate management across various industries. This experience encompasses both public and private enterprises, providing him with a well-rounded perspective on capital markets. Most recently, Wheeless served as the Chief Executive Officer of a publicly traded logistics and warehousing solutions company. Additionally, he has acted as an investor, adviser, and board member for several privately held organizations, showcasing his diverse skill set.

Previous Roles and Accolades

In previous positions, Wheeless held the role of Chief Financial Officer at Taal Distributed Information Technologies Inc., a publicly traded company recognized for its innovative approach to information technology solutions. His prior tenure as CFO of Rivetz Corp., a financial security software enterprise, along with the financial responsibilities at LaunchKey Inc. and Pilus Energy—both of which were successfully acquired by publicly traded companies—highlights his ability to navigate complex corporate environments. Early in his career, he served as Director of Finance and Assistant Treasurer at Xtek, Inc., solidifying his foundational knowledge in financial management.

Diverse Expertise Across Renowned Corporations

Wheeless’s extensive experience is further enriched by managerial roles at Fortune 30 companies, including Johnson & Johnson and Cardinal Health. His career began in Citigroup’s private equity division, equipping him with a robust comprehension of finance and investments. His expertise spans multiple domains, including mergers and acquisitions, credit assessment, corporate finance, financial reporting, and operations. Moreover, he has contributed to corporate turnarounds, having engaged successfully with companies funded by the State of Ohio during the tenure of former Governor John Kasich.

Academic Credentials

With an MBA with honors from Otterbein University and a Bachelor of Science in Finance from Miami University, Wheeless also serves as a guest lecturer at various universities. He has co-authored a finance book, further demonstrating his commitment to sharing knowledge and expertise within the finance community.

Vision for the Future of Netcapital Inc.

Embracing New Opportunities in Crypto and Blockchain

Expressing his enthusiasm, Rich Wheeless stated, “I am excited to join Netcapital’s management team and to build upon the company’s existing platform.” He emphasized the vast potential for revenue enhancement as the company plans to expand its offerings beyond traditional securities. This strategic shift aims to integrate crypto and blockchain technologies into financing and capital markets strategies for small businesses, thereby creating significant new opportunities. Wheeless looks forward to collaborating with investors, clients, employees, and government entities to realize this vision.

About Netcapital Inc.

A Leader in Fintech Innovation

Netcapital Inc. stands at the forefront of fintech, featuring a scalable technology platform that enables private companies to raise capital online. The Company not only facilitates private equity investment opportunities for investors but also offers consulting services through its subsidiary, Netcapital Advisors. This group provides valuable marketing and strategic advice while taking equity positions in select companies.

Regulatory Compliance and Memberships

The Company’s funding portal, Netcapital Funding Portal, Inc., is duly registered with the U.S. Securities & Exchange Commission (SEC) and holds membership with the Financial Industry Regulatory Authority (FINRA). Furthermore, its broker-dealer, Netcapital Securities Inc., is also registered with the SEC and a member of FINRA, reinforcing the Company’s strong compliance framework.

Forward-Looking Statements

Caution on Future Projections

The content herein includes forward-looking statements that relate to future events or anticipated financial performance. These statements come with known and unknown risks, uncertainties, and various factors that may lead actual results to differ significantly from the forecasts. Stakeholders are advised against placing undue reliance on these statements, as numerous factors lie beyond the Company’s control.

How AI legalese decoder Can Aid in Comprehension

Simplifying Complex legal Texts

Navigating financial and legal documents can be daunting for both investors and business professionals. AI legalese decoder can assist in breaking down complex legal jargon into simpler, more understandable terms. This tool can make it easier for stakeholders to grasp the implications of forward-looking statements and other regulatory information, thus enhancing informed decision-making.

Ensuring Clarity and Transparency

By utilizing AI legalese decoder, individuals involved with Netcapital Inc. can ensure they are fully informed about their investments, the company’s strategies, and the associated risks. The tool can provide clarity on financial documents, making the information more accessible and transparent, which is crucial in today’s rapidly evolving financial landscape.

Investor Contact Information

For more information, investors can reach out to:

Phone: 800-460-0815
Email: [email protected]

This strategic growth and expansion by Netcapital Inc. exemplifies the company’s commitment to innovation and adapting to market changes, driven by strong leadership under Rich Wheeless.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link