NetClass Technology Inc (NTCL) Form 6-K — Nov 2, 2026
NetClass Technology entered a securities purchase agreement on October 28, 2026, selling 1,590,000 Class A ordinary shares at $0.20 per share to investors for gross proceeds of $318,000, with shares issued on October 29, 2026 under a Regulation S offshore exemption. Separately, on October 20, 2026 the company agreed to issue another 1,590,000 shares as non-cash consideration: 550,000 to Forward Sight for a campus electronic class board management system, 540,000 to Simeon Fine for a Chinese language training system, and 500,000 to Layou Fortune for 24 months of marketing and strategic advisory services.
Key figures
- Gross Proceeds
- 318000
- Offering Price
- 0.2
- Shares Offered
- 1590000
- Buyer lockup
- 1 year from Closing Date
- Spa shares issued
- 1590000
- Pipe closing deadline
- November 10, 2026
- Consulting term months
- 24
- Simeon fine service shares
- 540000
- Forward sight service shares
- 550000
- Layou fortune consulting shares
- 500000
AI analysis
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