NetClass Technology Raises $2.4 Million in Private Placement

Reuters

Nov 14

NetClass Technology Raises $2.4 Million in Private Placement

NetClass Technology Inc. has announced the successful closing of a $2.4 million private placement financing. The company sold and issued 1,500,000 Class A ordinary shares at $1.60 per share to an institutional investor, under a securities purchase agreement exempt from registration under the Securities Act of 1933. NetClass plans to use the proceeds to expand AI application scenarios, advance its education chain and blockchain technology, and strengthen the adoption of its EDC token in Singapore.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetClass Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575669-en) on November 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The company sold and issued 1,500,000 Class A ordinary shares at $1.60 per share to an institutional investor, under a securities purchase agreement exempt from registration under the Securities Act of 1933. NetClass plans to use the proceeds to expand AI application scenarios, advance its education chain and blockchain technology, and strengthen the adoption of its EDC token in Singapore.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetClass Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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