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NetClass Technology Inc Announces Pricing of $1.2 Million Registered Direct Offering

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NetClass Technology Inc Announces Pricing of $1.2 Million Registered Direct Offering
Yesterday, 2:45 PM·
Medium Pessimistic

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Summarized by i88

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Summary

NetClass Technology (NASDAQ: NTCL) priced a $1.2 million registered direct offering of 3,000,000 Class A ordinary shares, or pre-funded warrants in lieu thereof, at $0.40 per share. The B2B smart education IT solutions provider entered securities purchase agreements with a single institutional investor for the offering.

NetClass Technology Inc (NASDAQ: NTCL) said it has entered into securities purchase agreements with a single institutional investor for a registered direct offering priced at $1.2 million.

Offering Terms

  • Securities: 3,000,000 Class A Ordinary Shares, or pre-funded warrants in lieu thereof.
  • Offering price: $0.40 per share.
  • Structure: Registered direct offering.
  • Purchaser: A single institutional investor.

Company Background

NetClass Technology describes itself as a B2B smart education IT solutions provider. The company said it has offices in Shanghai, Hong Kong, Singapore and Tokyo.

Announcement Details

The company announced the pricing on Nov. 05, 2026, in a release issued from Singapore and Hong Kong.