NETCLASS TECHNOLOGY INC Announces Closing of $2.4 Million Private Placement (PIPE) Financing
NETCLASS Technology (Nasdaq: NTCL) announced on November 14, 2025 the closing of a private placement (PIPE) that raised approximately $2.4 million. The Company issued 1,500,000 Class A ordinary shares at $1.60 per share under a securities purchase agreement dated August 31, 2025.
NetClass said net proceeds will fund expansion of AI application scenarios, advance blockchain work, and strengthen adoption of the EDC token in Singapore, aligning with its global blockchain and AI strategy.
NETCLASS Technology (Nasdaq: NTCL) ha annunciato il 14 novembre 2025 la chiusura di un collocamento privato (PIPE) che ha raccolto circa $2,4 milioni. L'azienda ha emesso 1.500.000 azioni ordinarie di Classe A a $1,60 per azione ai sensi di un accordo di vendita di titoli datato 31 agosto 2025.
NetClass ha dichiarato che le proventi netti saranno destinati all'espansione di scenari di applicazione dell'IA, a potenziare il lavoro sulla blockchain e a rafforzare l'adozione del token EDC a Singapore, in linea con la sua strategia globale di blockchain e IA.
NETCLASS Technology (Nasdaq: NTCL) anunció el 14 de noviembre de 2025 el cierre de una colocación privada (PIPE) que recaudó aproximadamente $2,4 millones. La Compañía emitió 1.500.000 acciones ordinarias Clase A a $1,60 por acción bajo un acuerdo de compra de valores fechado el 31 de agosto de 2025.
NetClass dijo que las ganancias netas financiarán la expansión de escenarios de aplicación de IA, el avance del trabajo en blockchain y fortalecer la adopción del token EDC en Singapur, en línea con su estrategia global de blockchain e IA.
NETCLASS Technology (나스닥: NTCL)은 2025년 11월 14일에 프라이빗 플레이먼트(PIPE)의 마감을 발표했고 약 $2.4백만을 조달했습니다. 회사는 1,500,000 주의 클래스 A 보통주를 주당 $1.60에 2025년 8월 31일자로 체결된 증권매매계약에 따라 발행했습니다.
넷클래스는 순매출은 AI 애플리케이션 시나리오의 확장, 블록체인 작업의 진전, 그리고 싱가포르의 EDC 토큰 채택 강화에 자금을 사용할 것이며, 이는 글로벌 블록체인 및 AI 전략에 부합한다고 말했습니다.
NETCLASS Technology (Nasdaq : NTCL) a annoncé le 14 novembre 2025 le closing d’une placement privé (PIPE) qui a levé environ 2,4 millions de dollars. La société a émis 1 500 000 actions ordinaires de classe A à 1,60 $ par action dans le cadre d’un accord d’achat de titres daté du 31 août 2025.
NetClass a déclaré que le produit net servira à financer l’expansion des scénarios d’application de l’IA, à faire progresser les travaux sur la blockchain et à renforcer l’adoption du jeton EDC à Singapour, en ligne avec sa stratégie mondiale de blockchain et d’IA.
NETCLASS Technology (Nasdaq: NTCL) gab am 14. November 2025 den Abschluss einer Privatplatzierung (PIPE) bekannt, die ca. $2,4 Millionen einbrachte. Das Unternehmen emittierte unter einem am 31. August 2025 datierten Wertpapiererwerbenvertrag 1.500.000 Class A Stammaktien zu $1,60 pro Aktie.
NetClass erklärte, dass der Nettoerlös die Expansion von KI-Anwendungsfällen finanzieren, die Blockchain-Arbeiten vorantreiben und die Einführung des EDC-Tokens in Singapur stärken wird, was mit seiner globalen Blockchain- und KI-Strategie übereinstimmt.
NETCLASS Technology (ناسداك: NTCL) أعلنت في 14 نوفمبر 2025 عن إغلاق عملية طرح خاص (PIPE) جمعت نحو $2.4 مليون. أصدر الشركة 1,500,000 سهم عادي من الفئة أ بسعر $1.60 للسهم بموجب اتفاق شراء أوراق مالية مؤرخ في 31 أغسطس 2025.
قالت NetClass أن صافي العائدات سيتم تخصيصها لتمويل توسيع سيناريوهات تطبيق AI، وتقدم أعمال البلوكشين، وتعزيز تبني رمز EDC في سنغافورة، بما يتماشى مع استراتيجيتها العالمية للبلوكشين والذكاء الاصطناعي.
- $2.4M gross proceeds raised in PIPE financing
- Issued 1,500,000 shares at $1.60 per share to fund strategy
- Proceeds earmarked to expand AI applications and blockchain initiatives
- Issuance of 1,500,000 shares may dilute existing shareholders
Insights
NetClass closed a $2.4M PIPE to fund AI, blockchain, and EDC token expansion; impact appears neutral pending execution and dilution effects.
NetClass Technology Inc. completed a private placement closing on
The financing provides explicit funding for the company’s stated priorities: expanding AI application scenarios and its education chain, advancing blockchain application, and strengthening EDC token adoption in Singapore. These uses align with the company’s strategic focus as described in the announcement, but the announcement gives no metrics on expected timelines, milestones, or projected returns, so outcomes remain contingent on execution.
Key dependencies and cautious risks include share dilution from the new issuance and the narrow size of proceeds relative to broad strategic goals; the release does not disclose net proceeds after fees, investor-side conditions, or specific rollout milestones. Monitor share count changes, any registration or resale arrangements tied to the PIPE, disclosures of net proceeds use, and announcements that quantify AI or EDC adoption metrics over the next 6–12 months for clearer impact assessment.
SINGAPORE and HONG KONG, Nov. 14, 2025 (GLOBE NEWSWIRE) -- NETCLASS Technology INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced the successful closing of its previously announced PIPE financing, pursuant to a securities purchase agreement (the “Agreement”) entered into on August 31, 2025. The PIPE financing was led by an institutional investor (the “Investor”) for total gross proceeds of approximately
The Company sold and issued an aggregate of 1,500,000 Class A ordinary shares at a price of
NetClass intends to use the net proceeds from the PIPE to fund the Company’s strategic plan to expand AI application scenarios and its education chain, advance the application of blockchain technology, and strengthen the adoption of EDC token in Singapore. These initiatives align with the Company’s strategic plan to broaden its global reach for blockchain and AI applications in Singapore.
“The successful closing of this financing marks another important milestone for NetClass as we execute on our vision to transform education through technology,” said Dr. Jianbiao Dai, Chairman and Chief Executive Officer of NetClass. “With this additional capital secured, we are positioned to accelerate the rollout of our AI-driven education ecosystem, strengthen our education chain and EDC token initiatives, and purse new token-based opportunities. Operating from our global headquarters in Singapore, we will continue to leverage the city’s supportive environment for blockchain and AI innovation to drive sustainable growth for our Company, partners, and shareholders.”
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About NETCLASS TECHNOLOGY INC
NETCLASS TECHNOLOGY INC is a leading B2B smart education specialist with offices in Shanghai, Hong Kong, Singapore, and Tokyo, providing innovative IT solutions to schools, training institutions, corporations, public agencies, and other organizations. Our services include SaaS subscription services and application software development, with solutions spanning teaching and campus management, online teaching, examinations, epidemic prevention, data storage, EDC (Education Credit) blockchain systems, and lecturer evaluation services. Our mission is to deliver reliable, high-quality products that drive sustainable growth for our customers. For more information, please visit the Company’s website: https://ir.netclasstech.com
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
NETCLASS TECHNOLOGY INC
Investor Relations
Email: ir@netclasstech.com
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global
FAQ
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