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Articles from NETCLASS TECHNOLOGY INC.

NETCLASS TECHNOLOGY INC Announces Updated Earnings Results for the First Half of Fiscal Year 2025
SINGAPORE and HONG KONG, Oct. 16, 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 corrected its unaudited condensed consolidated financial results previously announced on September 30, 2025. The financial results have not been reviewed by an independent certified public accountant for the six months ended March 31, 2025.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · October 16, 2025
NETCLASS TECHNOLOGY INC Announces Earnings Results for the First Half of Fiscal Year 2025
SINGAPORE and HONG KONG, Sept. 30, 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 its unaudited condensed consolidated financial results which have not been reviewed by an independent certified public accountant for the six months ended March 31, 2025. 
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · September 30, 2025
NETCLASS TECHNOLOGY INC Announces $2.4 Million Private Placement (PIPE) Financing to Advance AI Applications and Blockchain Initiatives in Singapore
SINGAPORE and HONG KONG, Sept. 15, 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 that on August 31, 2025, the Company entered into a securities purchase agreement (the “Agreement”) with an institutional investor (the “Investor”) relating to a private placement of 1,500,000 Class A ordinary shares at $1.60 per share, for gross proceeds of approximately $2.4 million.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · September 15, 2025
NETCLASS TECHNOLOGY INC Announces Headquarters Relocation to Singapore and Planned Acquisition of Vietnam-based LBC International Company Limited
SHANGHAI and HONG KONG, Aug. 28, 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 that the Company will relocate its corporate headquarters to Singapore as cornerstone for its global expansion, effective September 1, 2025. In addition, the Company announced that it has signed a non-binding Letter of Intent (“LOI”) to acquire 51% of the equity interest of LBC International Company Limited (“LBC International”), a Vietnam-based provider of retail management solutions. These actions underscore the Company’s commitment to its global expansion strategy and ongoing investment in high-growth companies and technologies.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · August 28, 2025
NETCLASS TECHNOLOGY INC Establishes a Singapore Subsidiary to Drive Global AI Business Expansion
SHANGHAI and HONG KONG, July 24, 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 establishment of a wholly owned subsidiary, NETCLASS INTERNATIONAL PTE. LTD., in Singapore, to support its international business development in AI applications, with a focus on expanding its footprint in Southeast Asia and other global markets.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · July 24, 2025
NETCLASS TECHNOLOGY INC Wins Landmark Smart Digital Campus Construction Project, Marking a Strategic Breakthrough in Intelligent Campus Solutions
SHANGHAI and HONG KONG, July 16, 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 its successful bid for the prestigious "Smart Digital Campus Construction" project for Shanghai East China Model High School. Following a rigorous evaluation process by the tender committee and final approval from the procuring entity, NetClass was awarded the contract, with a total value of approximately CNY 3.38 million (US$0.47 million).
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · July 16, 2025
NETCLASS TECHNOLOGY INC and Nanyang Institute of Social Sciences Join Forces to Explore New Paths in Smart Education
SHANGHAI and HONG KONG, June 23, 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, is pleased to announce that it signed a Framework Agreement for Cooperation with Nanyang Institute of Social Sciences Ptd. Ltd. (“Nanyang Institute of Social Sciences”), a private higher education institution registered with Singapore’s Ministry of Education, to mark the beginning of a new chapter in AI-powered education.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · June 23, 2025
NETCLASS TECHNOLOGY INC. and East China Normal University Sign Cooperation Agreement to Pioneer a New Era of Smart Education
Strategic partnership aims to cultivate top talent and accelerate innovation in smart education and assessment systems
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · May 27, 2025
NETCLASS TECHNOLOGY INC. Provides Update on AI Foreign Language Teaching System
SHANGHAI and HONG KONG, May 23, 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 provided an update on its proprietary AI Foreign Language Teaching System. The Language Teaching System has been launched at 71 colleges across 20 provinces and municipalities in China and serves over 20,000 teachers and students. The program covers 500+ courses and has generated over 300,000 contextual dialogues. The deployment of this program reinforces NetClass’s commitment to its long-term strategic goals in becoming a market leader in the smart education industry.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · May 23, 2025
NETCLASS TECHNOLOGY INC. Strengthens Market Position in Asia with Strategic Acquisition of Japan-based CreateSolutions Co., Ltd.
SHANGHAI and HONG KONG, March 10, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced its acquisition of a 51% stake in CreateSolutions Co., Ltd. (“CreateSolutions”), a Tokyo-based software company, by investing JPY 2,550,000 to acquire 255 shares of CreateSolutions.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · March 10, 2025
NETCLASS TECHNOLOGY INC Announces Full Exercise of Over-Allotment Option
SHANGHAI and HONG KONG, Jan. 03, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 270,000 Class A ordinary shares at the public offering price of $5.00 per share, resulting in additional gross proceeds of $1.35 million. After giving effect to the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 2,070,000 Class A ordinary shares and the gross proceeds increased to $10.35 million, before deducting underwriting discounts and other related expenses. The Over-Allotment Option closing date was January 03, 2025. Shares of the Company’s stock began trading on the Nasdaq Capital Market under the symbol “NTCL” on December 13, 2024.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · January 3, 2025
NETCLASS TECHNOLOGY INC. Announces Closing of $9 Million Initial Public Offering
SHANGHAI and HONG KONG, Dec. 16, 2024 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced the closing of its initial public offering (the “Offering”) of 1,800,000 Class A ordinary shares at a public offering price of $5.00 per ordinary share, for total gross proceeds of $9,000,000, before deducting underwriting discounts, commissions, and other related expenses.
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · December 16, 2024
NETCLASS TECHNOLOGY INC. Announces Pricing of Initial Public Offering
SHANGHAI and HONG KONG, Dec. 13, 2024 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced the pricing of its initial public offering (the “Offering”) of 1,800,000 Class A ordinary shares at a public offering price of $5.00 per ordinary share, for total gross proceeds of $9,000,000, before deducting underwriting discounts, commissions, and other related expenses. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on December 13, 2024, under the ticker symbol “NTCL.”
By NETCLASS TECHNOLOGY INC. · Via GlobeNewswire · December 13, 2024