Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 25

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 25
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 available to provide additional flexibility to use our common
stock for business and financial purposes in the future. The additional shares may be used for various purposes without further stockholder
approval. These purposes may include raising capital; establishing strategic relationships with other companies; expanding our business
through the acquisition of other businesses, products or technologies; and other purposes. If this Proposal No. 4 is not approved by our
stockholders, it is possible that our financing and business development alternatives may be limited by the lack of unissued and unreserved
authorized shares of common stock, and stockholder value may be harmed by this limitation. In short, if our stockholders do not approve
this Proposal No. 4, we may not be able to access the capital markets, complete corporate collaborations or partnerships, and pursue other
business opportunities integral to our growth and success.

The additional common stock to be
authorized by stockholder approval of this Proposal 4 would have rights identical to the currently outstanding shares of our common
stock. Approval of this Proposal 4 and issuance of the additional authorized shares of common stock would not affect the rights of
the holders of currently outstanding shares of our common stock, except for effects incidental to increasing the number of shares of
our common stock outstanding, such as dilution of any earnings per share and voting rights of current holders of common stock. The
additional shares of common stock authorized by the approval of this Proposal 4 could be issued by the Board without further vote of
our stockholders except as may be required in particular cases by our Amended Articles of Incorporation, applicable law, regulatory
agencies or the NASDAQ listing standards. Under our Amended Articles of Incorporation, stockholders do not have preemptive rights to
subscribe to additional securities that we may issue, which means that current stockholders do not have a prior right there under to
purchase any new issue of common stock in order to maintain their proportionate ownership interests in NetSol.

Once Proposal 4 is passed by the stockholders, the Board of Directors
have the authority to increase the number of authorized shares of stock of the Company.

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The proposed amendment to our Amendment of Articles of Incorporation
to increase the number of authorized shares of our common stock could, under certain circumstances, have an anti-takeover effect. The
additional shares of common stock that would become available for issuance if this Proposal 4 is approved could also be used by us to
oppose a hostile takeover attempt or to delay or prevent