# EDGAR Filing Document

**Accession Number:** 0001669191
**File Stem:** 0001669191-23-000035
**Filing Date:** 2023-1
**Character Count:** 5102
**Document Hash:** 9c79a58e600898f2534932af001c1e3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001669191-23-000035.hdr.sgml**: 20230110

**ACCESSION NUMBER**: 0001669191-23-000035

**CONFORMED SUBMISSION TYPE**: CFPORTAL/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230110

**EFFECTIVENESS DATE**: 20230110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NetCapital Funding Portal Inc.
- **CENTRAL INDEX KEY:** 0001669191
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CFPORTAL/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 007-00035
- **FILM NUMBER:** 23519253

**BUSINESS ADDRESS:**
- **STREET 1:** 430 NORTH STREET
- **CITY:** WHITE PLAINS
- **STATE:** NY
- **ZIP:** 10605
- **BUSINESS PHONE:** 914-750-9339

**MAIL ADDRESS:**
- **STREET 1:** 430 NORTH STREET
- **CITY:** WHITE PLAINS
- **STATE:** NY
- **ZIP:** 10605

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM CFPORTAL

### FUNDING PORTAL REGISTRATION AND REPORTING

### Filer Information

**Filer CIK:** 0001669191

**Filer CCC:** XXXXXXXX

### Identifying Information

**Full Name of Funding Portal:** NetCapital Funding Portal Inc.

**Amendment Explanation:** This amendment is to add a new Chief Executive Officer and delete a former Chief Executive Officer.

**Website URL(s):** www.netcapital.com

**IRS Employer ID No.:** 81-1830473

**Portal's Main Street Address:** 1 Lincoln Street, Boston, MA, 02111

**Mailing Address:** 1 Lincoln Street, Boston, MA, 02111

**Contact Telephone:** 914-750-9339

**Contact E-mail:** paul@netcapital.com

**Contact Employee:** Paul Herman Riss, Chief Compliance Officer

**Fiscal Year End:** December

**Previously registered with Commission?:** No

**Registered with a foreign financial authority?:** No

### Form of Organization

**Legal Status:** Corporation

**State/Country of Formation:** DE

**Date of Formation:** 03-08-2016

### Successions

**Is the applicant succeeding to the business of a currently registered funding portal?** No

### Control Relationships

Persons/entities that directly or indirectly control the applicant:

- Paul Riss, Robert Burnett, Netcapital Systems LLC

### Disclosure Information

**Criminal Disclosure:** No

**Regulatory Action Disclosure:** No

**Civil Judicial Disclosure:** No

**Financial Disclosure:** No

**Does the applicant engage in any non-securities related business?** No

### Qualified Third Party Arrangements

**Name of person:** SILICON VALLEY BANK

**Address:** 160 BOVET ROAD, SAN MATEO, CA, 94402

**Phone Number:** 650-378-3709

**Compensation Description:** Netcapital may charge a fixed fee to issuers that offer securities through the funding portal.  Netcapital may also charge a percentage-based fee to issuers that successfully complete an offering.  Netcapital may also take an equity position in an issuer.  Any equity position will be negotiated on a case-by-case basis.  Netcapital may also charge a flat fee for filing Form C, Form C/A, material changes, annual reports or a rolling close. Netcapital may also charge a documentation fee to issuers.

### Execution

**Date:** 01-09-2023

**Full Legal Name of Funding Portal:** NetCapital Funding Portal Inc.

**By (Signature):** /s/ Paul Riss

**Title:** Chief Compliance Officer

### FORM FUNDING PORTAL SCHEDULE A: Direct Owners and Executive Officers

| Full Legal Name            | Entity Type          | Title or Status          | Date Acquired   | Ownership Code    | Control Person?   | CRD No.   | IRS Tax No.   | IRS Employer ID No.   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Frishman, Jason, Alexander | NP (Natural Person)  | Chief Executive Officer  | 03/2016         | NA - less than 5% | Yes               | 006650644 |  |  |
| Riss, Paul, Herman         | NP (Natural Person)  | Chief Compliance Officer | 03/2016         | NA - less than 5% | Yes               | 006642976 |  |  |
| Netcapital Systems LLC     | DE (Domestic Entity) | 100% Owner               | 02/2021         | E - 75% or more   | Yes               |  |  |  |

### FORM FUNDING PORTAL SCHEDULE B: Amendments to Schedule A

| Full Legal Name            | Type of Amendment   | Entity Type          | Title or Status          | Date Acquired   | Ownership Code    | Control Person?   | CRD No.   | IRS Tax No.   | IRS Employer ID No.   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Frishman, Jason, Alexander | D                   | NP (Natural Person)  | Chief Executive Officer  | 03/2016         | NA - less than 5% | Yes               | 006650644 |  |  |
| Riss, Paul, Herman         | A                   | NP (Natural Person)  | Chief Compliance Officer | 03/2016         | NA - less than 5% | Yes               | 006642976 |  |  |
| Netcapital Systems LLC     | A                   | DE (Domestic Entity) | 100% Owner               | 02/2021         | E - 75% or more   | Yes               |  |  |  |
| Burnett, Robert, Griffiths | A                   | NP (Natural Person)  | Chief Executive Officer  | 01/2023         | NA - less than 5% | Yes               | 007580301 |  |  |