NETCLASS TECHNOLOGY INC. Announces Closing of $9 Million Initial Public Offering
(NTCL)
Company Research
Source: GlobeNewswire
SHANGHAI and HONG KONG, Dec. 16, 2024 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced the closing of its initial public offering (the “Offering”) of 1,800,000 Class A ordinary shares at a public offering price of $5.00 per ordinary share, for total gross proceeds of $9,000,000, before deducting underwriting discounts, commissions, and other related expenses. The Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 270,000 Class A ordinary shares at the initial public offering price, less underwriting discounts to cover over-allotments, if any. Shares of the Company’s stock began trading on the Nasdaq Capital Market under the symbol “NTCL” on December 13, 2024. The Offering was conducted on a firm commitment basis. The Company intends to use the
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NTCL
Sec Filings
- 1/3/25 - Form 6-K
- 12/30/24 - Form 6-K
- 12/17/24 - Form 6-K
- NTCL's page on the SEC website