Here are the 424B prospectus supplements from NetClass Technology Inc (NTCL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow NTCL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NTCL filings page.
NetClass Technology Inc. (NTCL) is offering 675,000 Class A ordinary shares and Pre-Funded Warrants to purchase up to 2,325,000 Class A ordinary shares, plus 3,000,000 Allocation Rights to purchase additional shares and/or warrants and up to 3,000,000 additional shares and/or warrants upon exercise. Class A shares cost $0.40 each; Pre-Funded Warrants cost $0.3875 each and have a $0.0125 per-share exercise price.
The investor may exercise the Allocation Rights on or before the 30th calendar day anniversary of the Initial Closing Date. Assuming full exercise of the Pre-Funded Warrants, the estimated public offering price is $1.2 million with no additional allotment, or $2.4 million with full sale and exercise of the additional allotment; corresponding proceeds to NTCL before expenses are $1.116 million and $2.232 million. Univest Securities receives a 7.0% cash fee and $60,000 in accountable expense reimbursements. The offering has no minimum securities count or proceeds condition to closing, and actual proceeds may be substantially less.
NETCLASS TECHNOLOGY INC registers 27,027,015 Class A Ordinary Shares for resale by selling shareholders pursuant to a March 25, 2026 securities purchase agreement. The Company states it is not selling any securities under this prospectus and will receive no proceeds from these resales. The prospectus lists 57,942,904 Class A Ordinary Shares outstanding as of April 15, 2026 and a last reported Nasdaq sale price of $0.4977 per share on April 15, 2026.
The filing describes the plan of distribution, the Company’s dual-class capital structure, regulatory and operational risks tied to PRC/Hong Kong laws (including cybersecurity and CSRC filing risks), dividend and cash‑flow mechanics through the group, and recent financings including an IPO and a convertible note.