Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 219

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 219
---
a   
 as          
 Adjusted(1) 
 ​           |          ​ |
|:---------------------------------------------------------------------------------------------------------------------------------------------------|:--|:-----------------|-----------:|:--|:------------|-----------:|
| Class A Ordinary Share, par value $0.00025 per share, 190,000,000 shares authorized, 15,830,000 shares issued and outstanding as of March 31, 2025 | ​ | $                |      3,958 | ​ | $           |      3,440 |
| Class B Ordinary Share, par value $0.00025 per share, 10,000,000 shares authorized, 2,000,000 shares issued and outstanding as of March 31, 2025   | ​ | $                |        500 | ​ | $           |        500 |
| Additional paid-in capital                                                                                                                         | ​ | $                |  4,821,992 | ​ | $           |  4,821,992 |
| Statutory reserves                                                                                                                                 | ​ | $                |     35,448 | ​ | $           |     35,448 |
| Retained earnings                                                                                                                                  | ​ | $                | -2,291,263 | ​ | $           | -2,291,263 |
| Accumulated other comprehensive loss                                                                                                               | ​ | $                |   -216,229 | ​ | $           |   -216,229 |
| TOTAL SHAREHOLDERS’ EQUITY                                                                                                                         | ​ | $                |  2,354,406 | ​ | $           |  2,353,888 |
| Non-controlling interest                                                                                                                           | ​ | $                |          — | ​ | $           |          — |
| TOTAL EQUITY                                                                                                                                       | ​ | $                |  2,354,406 | ​ | $           |  2,353,888 |

114

#### Security Ownership of Certain Beneficial Owners
The following table sets forth information regarding the beneficial ownership of our Class A Ordinary Shares as of the date of this prospectus by our officers, directors and 5% or greater beneficial owners of Class A Ordinary Shares.

We have determined beneficial ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within