NETCLASS Technology (NTCL) announced that the Company will relocate its corporate headquarters to Singapore, 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. The Company has entered into a new office lease agreement through its wholly owned subsidiary, NetClass International Pte. Ltd. Beginning September 1, 2025, the Company will operate its headquarters in Singapore. As part of its ongoing global expansion strategy, the Company has signed an LOI to acquire Vietnam-based LBC International. The proposed transaction is expected to accelerate the Company’s expansion in Vietnam and across the broader Southeast Asian market.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTCL:
- NetClass Technology Inc Secures $2 Million in Recent Offering
- NetClass Technology Inc Secures $2 Million in New Securities Agreement
- NetClass Technology Inc Aligns Governance with Cayman Islands Practices
- NetClass Technology Expands Global AI Reach with New Singapore Subsidiary
- NetClass establishes Singapore subsidiary to drive global AI expansion
