NETCLASS TECHNOLOGY INC Announces Closing of $2.4 Million Private Placement (PIPE) Financing

SINGAPORE and HONG KONG, Nov. 14, 2025 (GLOBE NEWSWIRE) -- NETCLASS Technology INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced the successful closing of its previously announced PIPE financing, pursuant to a securities purchase agreement (the “Agreement”) entered into on August 31, 2025. The PIPE financing was led by an institutional investor (the “Investor”) for total gross proceeds of approximately $2.4 million.

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