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The latest update is out from NetClass Technology Inc Class A ( (NTCL) ).
On August 31, 2025, NetClass Technology Inc entered into a securities purchase agreement with an institutional investor for a private placement of 1,500,000 Class A ordinary shares at $1.60 per share, totaling approximately $2.4 million. This transaction, expected to close within 60 days, supports NetClass’s strategic initiatives to expand AI applications and blockchain technology in Singapore, aligning with their plans to establish a global headquarters there. The financing is seen as a validation of the company’s strategy to transform education through technology, leveraging Singapore’s supportive policies for blockchain and AI to drive sustainable growth.
More about NetClass Technology Inc Class A
NETCLASS TECHNOLOGY INC is a leading B2B smart education specialist with offices in Shanghai, Hong Kong, Singapore, and Tokyo. The company provides innovative IT solutions to schools, training institutions, corporations, public agencies, and other organizations. Their services include SaaS subscription services and application software development, focusing on teaching and campus management, online teaching, examinations, epidemic prevention, data storage, EDC blockchain systems, and lecturer evaluation services.
Average Trading Volume: 399,007
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21.74M
For detailed information about NTCL stock, go to TipRanks’ Stock Analysis page.