NTCL 424B5: Secondary offering
Filed with the SEC on · accession 0001104659-26-123819
NTCL filed a 424B5 (prospectus (offering)) with the SEC on Nov 6, 2026. NetClass Technology Inc is conducting a public offering of 675,000 Class A Ordinary Shares at $0.40 per share, pre-funded warrants to purchase up to 2,325,000 shares, and 3,000,000 allocation rights for additional shares or pre-funded warrants, via a placement agent on a reasonable best efforts… The stock moved -29.8% by the first close after the filing.
Summary of the filing
NetClass Technology Inc is conducting a public offering of 675,000 Class A Ordinary Shares at $0.40 per share, pre-funded warrants to purchase up to 2,325,000 shares, and 3,000,000 allocation rights for additional shares or pre-funded warrants, via a placement agent on a reasonable best efforts basis.
Key details
How NTCL stock reacted
Close before
$0.32
Nov 5, 2026
First close after
-29.78%
$0.23
5 trading days
—
Since filing
-28.09%
$0.23
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Click hereFrequently asked questions
What did NTCL file with the SEC on Nov 6, 2026?
NTCL filed a 424B5 (Secondary offering). NetClass Technology Inc is conducting a public offering of 675,000 Class A Ordinary Shares at $0.40 per share, pre-funded warrants to purchase up to 2,325,000 shares, and 3,000,000 allocation rights for additional shares or pre-funded warrants, via a placement agent on a reasonable best efforts basis.
What does a secondary offering mean for NTCL stock?
New shares dilute existing holders and are often sold at a discount to the market price.
How do I read a 424B5?
The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.
How did NTCL stock react to this filing?
NTCL closed at $0.32 before the filing and $0.23 on Nov 6, 2026 (-29.78%).
Other NTCL SEC filings
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