Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 101

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 101
---
 or the “Foreign Court”, of a debt or definite sum of money against the Company
(other than a sum of money payable in respect of taxes or other charges of a like nature, a fine or other penalty (which may include a
multiple damages judgment in an anti-trust action) or where enforcement would be contrary to public policy). The Grand Court of the Cayman
Islands may also at common law enforce final and conclusive in personam judgments of the Foreign Court that are non-monetary against
the Company, for example, declaratory judgments ruling upon the true legal owner of shares in a Cayman Islands company. The Grand Court
of the Cayman Islands will exercise its discretion in the enforcement of non-money judgments by having regard to the circumstances, such
as considering whether the principles of comity apply. To be treated as final and conclusive, any relevant judgment must be regarded as
res judicata by the Foreign Court. A debt claim on a foreign judgment must be brought within six years of the date of the judgment,
and arrears of interest on a judgment debt cannot be recovered after six years from the date on which the interest was due. The courts
of the Cayman Islands are unlikely to enforce a judgment obtained from the Foreign Court under civil liability provisions of U.S. federal
securities law if such a judgment is found by the courts of the Cayman Islands to give rise to obligations to make payments that are penal
or punitive in nature. Such a determination has not yet been made by the Grand Court of the Cayman Islands. A court of the Cayman Islands
may stay enforcement proceedings if concurrent proceedings are being brought elsewhere. A judgment entered in default of appearance by
a defendant who has had notice of the Foreign Court’s intention to proceed may be final and conclusive notwithstanding that the
Foreign Court has power to set aside its own judgment and despite the fact that it may be subject to an appeal the time-limit for which
has not yet expired. The Grand Court of the Cayman Islands may safeguard the defendant’s rights by granting a stay of execution
pending any such appeal and may also grant interim injunctive relief as appropriate for the purpose of enforcement.

| 53 |

<div align='center'>INFORMATION INCORPORATED BY REFERENCE</div>

The rules of the SEC allow us to incorporate
by reference into this prospectus the information we file with the SEC. This means that we are disclosing important information to you
by referring to other documents. The information incorporated by reference is