Netcapital Signs Non-Binding LOI to Acquire Resmac Mortgage Banking Assets from RezyFiProposed transaction expected to establish new financial services subsidiary focused on residential mortgage origination, servicing and related financial services opportunities BOSTON, June 04, 2026 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that it has entered into a non-binding Letter of Intent (“LOI”) with RezyFi, Inc. regarding the proposed acquisition by a newly formed wholly-owned South Dakota subsidiary of Netcapital (“SD Holdco”) of substantially all of the assets and assumed liabilities of Resmac, Inc., a wholly owned subsidiary of RezyFi. Resmac is a residential mortgage bank and holds active HUD Title II non-supervised direct endorsement mortgagee approval, operates in eleven states, and maintains warehouse financing relationships.
GlobeNewsWire6/4/2026Neutral