Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 95

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 95
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 cash the principal amount of debt securities or ordinary shares at the exercise price set forth in the applicable prospectus
supplement. Rights may be exercised at any time up to the close of business on the expiration date for the rights provided in the applicable
prospectus supplement. After the close of business on the expiration date, all unexercised rights will become void.

If less than all of the rights issued in any rights
offering are exercised, we may offer any unsubscribed securities directly to persons other than our security holders, to or through agents,
underwriters or dealers or through a combination of such methods, including pursuant to standby arrangements, as described in the applicable
prospectus supplement.

<div align='center'>PLAN OF DISTRIBUTION</div>

We may sell the securities described in this prospectus
through underwriters or dealers, through agents, directly to one or more purchasers, “at-the-market” offerings, negotiated
transactions, block trades or through a combination of these methods. The applicable prospectus supplement will describe the terms of
the offering of the securities, including:

| ● | the name or names of any underwriters, if any, and if required, any dealers or agents, and the amount of securities underwritten or purchased by each of them, if any; |

| 49 |

| ● | the public offering price or purchase price of the securities from us and the net proceeds to us from the sale of the securities; |

| ● | any underwriting discounts and other items constituting underwriters’ compensation; |

| ● | any discounts or concessions allowed or re-allowed or paid to dealers; and |

| ● | any securities exchange or market on which the securities may be listed. |

We may distribute the securities from time to
time in one or more transactions at:

| ● | a fixed price or prices, which may be changed; |

| ● | market prices prevailing at the time of sale; |

| ● | varying prices determined at the time of sale related to such prevailing market prices; or |

| ● | negotiated prices. |

Only underwriters named in the prospectus supplement
will be underwriters of the securities offered by the prospectus supplement.

If we use underwriters in the sale, the underwriters
will either acquire the securities for their own account and may resell the securities from time to time in one or more transactions at
a fixed public offering price or at varying prices determined at the time of sale, or sell the Shares on a “best efforts, minimum