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[SCHEDULE 13G/A] NetClass Technology Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Netclass Technology Inc. filing shows that Sze Kok is the beneficial owner of 3,195,500 Class A ordinary shares, representing 17.29% of the issued and outstanding Class A shares based on 18,487,030 shares outstanding. The stake is held through Lang Wide Investment Inc., a BVI company for which Sze Kok is the sole shareholder and sole director, and Sze Kok reports sole voting and dispositive power over the shares. The filing is a Schedule 13G amendment dated 09/28/2025 with a signature dated 10/06/2025. This disclosure indicates a substantial single-holder position but does not describe any change in intent or plans regarding the securities.

Positive
  • Clear beneficial ownership disclosure showing sole voting and dispositive power over 3,195,500 shares
  • Material stake of 17.29% is explicitly quantified against 18,487,030 shares outstanding
Negative
  • Concentration risk: a single individual controls 17.29% of Class A shares which could affect corporate votes
  • No statement of intent regarding future transactions; absence of intent limits forward-looking clarity for investors

Insights

Single-holder stake equals material ownership but no change-of-control signal.

The disclosed 3,195,500 shares equal 17.29% of Class A stock, which is large enough to be investor‑relevant and could influence votes on corporate actions. The filing specifies sole voting and dispositive power, meaning this holder can direct votes and sales.

This schedule amendment does not state any plans to buy or sell; monitor future filings and trading reports for changes in position or any Form 4 activity over the next weeks to months.

Ownership routed through a BVI vehicle with clear beneficial-owner attribution.

The shares are held by Lang Wide Investment Inc., and the filer discloses being the sole shareholder/director, which clarifies beneficial ownership and reduces ambiguity about control. That clarity matters for vote counting and disclosure compliance.

Watch for any related-party disclosures or additional Schedule 13 filings that could change group status or reveal coordinated holders within the quarter.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: [1] Lang Wide Investment Inc, a British Virgin Islands Business Company, holds 3,195,500 class A ordinary shares of the issuer. Sze Kok is the sole shareholder and sole director of Lang Wide Investment Inc. and is deemed the beneficial owner of the 3,195,500 class A ordinary shares held by Lang Wide Investment Inc. [2] The calculation above is based on 18,487,030 class A ordinary shares issued and outstanding as of the date hereof.


SCHEDULE 13G



Sze Kok
Signature:/s/ Sze Kok
Name/Title:Sze Kok
Date:10/06/2025

FAQ

What stake does Sze Kok report in NetClass Technology (NTCL)?

Sze Kok reports beneficial ownership of 3,195,500 Class A shares, equal to 17.29% of Class A shares outstanding.

How are the shares held that give Sze Kok beneficial ownership in NTCL?

The shares are held through Lang Wide Investment Inc., a British Virgin Islands company for which Sze Kok is the sole shareholder and sole director.

Does the filing state whether Sze Kok will buy or sell additional NTCL shares?

No. The Schedule 13G/A does not state any plans to purchase or sell securities or change the holder's intent.

What voting and disposition powers does Sze Kok have for the reported NTCL shares?

The filing reports sole voting power and sole dispositive power over all 3,195,500 shares.

What is the reporting date for the NetClass Schedule 13G/A?

The event date listed is 09/28/2025, and the filing is signed on 10/06/2025.
Netclass Technology Inc.

NASDAQ:NTCL

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Software - Application
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China
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