Univest Securities, LLC Announces Closing of $1.2 Million Registered Direct Offering for its Client NetClass Technology Inc (NASDAQ: NTCL)
Key Highlights
- ➤NetClass Technology (NTCL) closed a $1.2 million registered direct offering.
- ➤NetClass sold 3,000,000 Class A Ordinary Shares at $0.40 per share.
- ➤A single institutional investor purchased shares or pre-funded warrants.
- ➤Univest Securities acted as the sole placement agent.
Expert Statements
Edric Guo, Chief Executive Officer of Univest Securities, LLC
“Univest Securities, LLC”
New York, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of $1.2 million for its client NetClass Technology Inc (NASDAQ: NTCL) (the "Company"), a B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo.
Under the terms of the securities purchase agreement, the Company has agreed to sell to a single institutional investor 3,000,000 Class A Ordinary Shares of the Company (or pre-funded warrants in lieu thereof), at a purchase price of $0.40 per share in the Offering.
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