SINGAPORE and HONG KONG — November 14, 2025 — Leads & Copy — NETCLASS Technology INC (Nasdaq: NTCL) announced the closing of its PIPE financing for approximately $2.4 million. The financing was led by an institutional investor, pursuant to a securities purchase agreement entered into on August 31, 2025.
The company sold 1,500,000 Class A ordinary shares at $1.60 per share, exempt from Securities Act of 1933 registration requirements.
NetClass intends to use the proceeds to expand its AI application scenarios, strengthen its education chain, and increase the adoption of its EDC token in Singapore, aligning with its strategic plan to broaden its global reach for blockchain and AI applications in Singapore.
Dr. Jianbiao Dai, Chairman and CEO of NetClass, stated that the financing marks an important milestone in transforming education through technology. He added that the additional capital will allow them to accelerate the rollout of their AI-driven education ecosystem and pursue new token-based opportunities, leveraging Singapore’s supportive environment for blockchain and AI innovation.
This press release does not constitute a sales offer, and NETCLASS cautions that forward-looking statements involve risks, advising investors to review SEC filings.Jackson Lin from Lambert by LLYC can be contacted for investor and media inquiries at +1 (646) 717-4593 or jian.lin@llyc.global.
Investor Relations can be contacted at NETCLASS TECHNOLOGY INC, Email: ir@netclasstech.com
Source: NETCLASS TECHNOLOGY INC
