NetClass Technology Inc (NTCL) Form 6-K — Oct 26, 2026
NetClass Technology Inc has called an extraordinary general meeting for November 10, 2026, at which shareholders will vote on a 10-for-1 share consolidation of its Class A and Class B ordinary shares, effective November 20, 2026. The consolidation raises the par value from US$0.0125 to US$0.125 and cuts authorized shares from 800 million to 80 million, with a companion resolution to adopt amended articles of association.
Key figures
- Reverse Split Ratio
- 10:1
- Shares Outstanding
- 0
- Egm date
- 2026-11-10
- Effective date
- 2026-11-20
- Par value after
- US$0.125
- Par value before
- US$0.0125
- Consolidation ratio
- 10-for-1
- Authorized shares after
- 80000000
- Authorized shares before
- 800000000
- Class a authorized after
- 76000000
- Class b authorized after
- 4000000
- Class a authorized before
- 760000000
- Class b authorized before
- 40000000
AI analysis
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