# TOPCAP PARTNERS, INC. X-17A-5 (2026-03-11) — Broker-dealer annual report

- Company: TOPCAP PARTNERS, INC.
- Form: X-17A-5
- Filed: 2026-03-11
- Period: 2025-12-31
- Accession: 0001670449-26-000001
- CIK: 1670449
- File #: 8-69755
- Type: Broker-dealer
- Material weakness: No
- Auditor: Ferrara CPA
- Auditor location: Hamilton, NJ
- Contact: Olaf Neubert
- Phone: 631-287-6035
- Signed by: Olaf Neubert (President)

Original filing: https://www.sec.gov/Archives/edgar/data/1670449/000167044926000001/dec25_audit_topcap_bs3.pdf

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## **TopCap Partners, Inc.**

## **Statement of Financial Condition As of December 31, 2025**

| Assets                                                                         |               |
|--------------------------------------------------------------------------------|---------------|
| Cash                                                                           | \$<br>78,569  |
| Accounts Receivable                                                            | 52,722        |
| Right-of-Use Asset                                                             | 35,428        |
| Prepaid expense                                                                | 10,913        |
| Total Assets                                                                   | \$<br>177,632 |
|                                                                                |               |
| Liabilities and Stockholder's Equity                                           |               |
| Liabilities                                                                    |               |
| Accounts payable, accrued expenses and other liabilities                       | \$<br>25,479  |
| Deferred revenue                                                               | 45,000        |
| Lease payable                                                                  | 35,428        |
| Total liabilities                                                              | 105,907       |
| Commitments and contingencies                                                  |               |
| Stockholder's Equity                                                           |               |
| Common Stock, par value \$0, 200 authorized, 200 shares issued and outstanding | 200           |
| Additional paid-in-capital                                                     | 34,800        |
| Retained Earnings                                                              | 36,725        |
| Total Stockholder's Equity                                                     | 71,725        |
| Total Liabilities and Stockholder's Equity                                     | \$<br>177,632 |


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.