[SCHEDULE 13G/A] NetClass Technology Inc SEC Filing
Netclass Technology Inc. filing shows that Sze Kok is the beneficial owner of 3,195,500 Class A ordinary shares, representing
- 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
- 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
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.