Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 2

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 2
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 contracts,
share purchase units, warrants, debt securities, rights or units, which we collectively refer to as the “securities”. The
aggregate initial offering price of the securities that we may offer and sell under this prospectus will not exceed $100,000,000.

We may offer and sell any combination of the securities
described in this prospectus in different series, at times, in amounts, at prices and on terms to be determined at, or prior to, the time
of each offering. This prospectus describes the general terms of these securities and the general manner in which these securities will
be offered. We will provide the specific terms of these securities in supplements to this prospectus. The prospectus supplements will
also describe the specific manner in which these securities will be offered and may also supplement, update or amend information contained
in this prospectus. This prospectus may not be used to consummate a sale of securities unless accompanied by the applicable prospectus
supplement. You should read this prospectus and any applicable prospectus supplement before you invest.

We may offer and sell the securities from time
to time at fixed prices, at market prices, or at negotiated prices, to or through underwriters, to other purchasers, through agents, or
through a combination of these methods. If any underwriters are involved in the sale of any securities with respect to which this prospectus
is being delivered, the names of such underwriters and any applicable commissions or discounts will be set forth in a prospectus supplement.
The offering price of such securities and the net proceeds we expect to receive from such sale will also be set forth in a prospectus
supplement. See “Plan of Distribution” elsewhere in this prospectus for a more complete description of the ways in which the
securities may be sold.

Pursuant to General Instruction I.B.5. of Form F-3,
in no event will we sell the securities covered hereby in a public primary offering with a value exceeding more than one-third of the
aggregate market value of our ordinary shares in any 12-month period so long as the aggregate market value of our voting and non-voting
common equity held by non-affiliates remains below $75,000,000. During the 12 calendar months prior to and including the date of this
prospectus, we have not offered or sold any securities pursuant to General Instruction I.B.5 of Form F-3.

Any proceeds from the sale ofclass A ordinary shares of a par value