Netcapital shares surge 21.76% premarket after acquiring Iverson Design's AI-driven design assets and hiring its founder as Chief Design Director.

Netcapital Inc. surged 21.76% in premarket trading following its announcement of acquiring Iverson Design, LLC, a creative studio specializing in AI-powered design and visualization tools. The deal, structured as 980,000 common shares, includes Iverson Design’s AI-driven design, animation, and real-time rendering technologies. Michael Iverson, the studio’s former leader, joins as Chief Design Director and Head of AI Experience, enhancing Netcapital’s capabilities in 3D visualization and investor materials for tokenized assets. CEO Rich Wheeless highlighted the strategic alignment with the company’s transition to tokenization and digital asset offerings, positioning the acquisition to boost AI-assisted workflows and expand market appeal. The move directly addresses the stock’s significant premarket rally, reflecting investor optimism over enhanced technological integration and growth prospects.