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Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund

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Fund awards microgrants to innovative BIPOC, women, and LGBTQ founded companies

BOSTON, November 30, 2021--(BUSINESS WIRE)--Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that portfolio company MustWatch has received a grant from the GK Fund, a nonprofit organization working to close the racial wealth gap by facilitating access to capital, technology and mentorship for Black, indigenous and people of color (BIPOC), women, LGBTQ and veteran founded companies.

MustWatch is an app that brings your friends and favorite shows together in one place. The app makes it easy for users to find new shows on every platform, see what their friends are watching, and recommend great shows to each other. MustWatch is available for investment on the Netcapital platform by visiting netcapital.com/companies/mustwatch.

Che Edouard, co-founder and CEO of MustWatch, said, "This grant will enable us to build more connections through entertainment via our app. The capital will be used to improve our user experience with added features for gathering and addressing user feedback. We are grateful to GK Fund, an esteemed organization that facilitates access to capital, technology and mentorship for startup and small business BIPOC founders."

"We invest in companies we believe in, and MustWatch is a company that offers a compelling way for app users to access recommendations for shows that they actually want to watch. We look forward to continued success for MustWatch as their business grows," said Dr. Cecilia Lenk, CEO of Netcapital Inc.

About MustWatch

MustWatch plans to satisfy your social television needs by allowing you to track the TV shows you like, see what shows your friends like, and send show recommendations to each other, creating a curated list of shows that your friends recommend for you.

About Netcapital Inc.

Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies with disruptive technologies. The Netcapital funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association.

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005098/en/

Contacts

Coreen Kraysler, CFA
CFO
781-925-1700
coreen.kraysler@netcapital.com

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