---
title: "NetCapital Appoints New CEO Amid Strategic Shift"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269077778.md"
description: "NetCapital Inc. has acquired Rivetz Corp.'s assets to enhance its cybersecurity and blockchain capabilities, issuing 950,000 shares. Martin Kay resigned as CEO, with Rich Wheeless appointed as his successor, marking a strategic shift towards crypto and blockchain investments. Analysts rate NCPL stock as Hold with a $2.50 target, noting financial challenges but potential growth from new capabilities. NetCapital offers a platform for private capital raising and investment opportunities."
datetime: "2025-12-09T11:30:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269077778.md)
  - [en](https://longbridge.com/en/news/269077778.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269077778.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269077778.md) | [繁體中文](https://longbridge.com/zh-HK/news/269077778.md)


# NetCapital Appoints New CEO Amid Strategic Shift

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NetCapital ( (NCPL) ) has shared an update.

On December 3, 2025, Netcapital Inc. entered into an Asset Purchase Agreement with Rivetz Corp., acquiring nearly all assets related to Rivetz’s ‘Rivetz Network,’ which integrates hardware-based cybersecurity with blockchain services. This acquisition, involving the issuance of 950,000 shares of common stock to Rivetz, aims to enhance Netcapital’s technological capabilities in cybersecurity and blockchain, potentially strengthening its market position. Additionally, on the same date, Martin Kay resigned as CEO, with Rich Wheeless appointed as his successor on December 7, 2025. Wheeless brings extensive financial leadership experience, and his appointment is part of Netcapital’s strategy to expand beyond traditional securities into crypto and blockchain-enabled investments, indicating a strategic shift that could impact stakeholders and the company’s future growth trajectory.

The most recent analyst rating on (NCPL) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on NetCapital stock, see the NCPL Stock Forecast page.

**Spark’s Take on NCPL Stock**

According to Spark, TipRanks’ AI Analyst, NCPL is a Neutral.

NetCapital’s overall score reflects significant financial challenges with declining revenues and profitability. Despite positive technical indicators, the company’s current valuation is poor due to unprofitability. However, potential future growth opportunities from newly acquired broker-dealer capabilities and new client engagements provide some optimism.

To see Spark’s full report on NCPL stock, click here.

**More about NetCapital**

Netcapital Inc. is a fintech company that offers a scalable technology platform for private companies to raise capital online and provides private equity investment opportunities to investors. It operates through its consulting group, Netcapital Advisors, and its funding portal, Netcapital Funding Portal, Inc., which is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). The company also has a broker-dealer, Netcapital Securities Inc., registered with the SEC and a member of FINRA.

**Average Trading Volume:** 410,682

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $4.14M

Learn more about NCPL stock on TipRanks’ Stock Analysis page.

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