Netcapital acquires Iverson Design in all-stock transaction

Netcapital (NCPL) announced the acquisition of the assets of Iverson Design. Led by multimedia and AI designer Michael Iverson, the studio develops motion graphics, 3D product visualization, investor presentations and digital experiences. As part of the transaction, Iverson joins Netcapital as chief design director and head of AI Experience. Under the agreement, Netcapital acquired Iverson Design’s full intellectual property portfolio, including its proprietary suite of AI-driven design, animation, and real-time rendering technologies. As consideration for the purchased assets, Netcapital issued 980,000 shares of its common stock.