Netcapital shares jump 11.45% after-hours following AI design acquisition of Iverson Design's assets and expertise.

Netcapital Inc. surged 11.45% in after-hours trading following the announcement of acquiring Iverson Design, LLC, a creative studio specializing in AI-powered design and visualization tools. The transaction included 980,000 shares of common stock and Iverson Design’s AI-driven intellectual property portfolio, enhancing Netcapital’s capabilities in 3D visualization, motion graphics, and tokenized asset design. Michael Iverson, the studio’s former leader, joined as Chief Design Director and Head of AI Experience, aligning with the company’s strategic shift toward tokenization and digital asset offerings. This acquisition, highlighted as a catalyst for AI-assisted workflows and investor material design, directly correlates with the stock’s post-market rally. Other news events, such as earnings call results showing revenue declines and impairments, were bearish but did not influence the after-hours movement.