Company: NTCL
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001104659-25-073161
Chunk: 2

Company: NetClass Technology Inc
Filing Date: 2025-08-01
Form: 6-K
Chunk 2
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 have the right to apply the Trigger Effect, which means: (a) for the first Trigger Event, the Buyer
may increase the outstanding balance of the Note by an amount equal to 15% of the outstanding balance as of the date of such Trigger Event;
and (b) for the second Trigger Event, the Buyer may increase the outstanding balance by an additional 15%, with such increased amount
being immediately due and payable in cash by the Company to the Buyer; provided, however, that the total amount of such cash payment shall
not exceed $175,000.

The Company has agreed to file a registration
statement on Form F-1 (the “Registration Statement”) within forty-five (45) days following the Closing to register the
resale of the Pre-Delivery Shares and the Conversion Shares held by the Investor. The Company will use commercially reasonable efforts
to cause such Registration Statement to be declared effective by the U.S. Securities and Exchange Commission within ninety (90) days of
the Closing Date. If the Registration Statement is not declared effective by such date, the outstanding balance of the Note will automatically
increase by one percent (1%) on the 90th day, and will continue to increase by one percent (1%) for each thirty (30) day that the Registration
Statement is not declared effective until the date that is six (6) months from the Closing Date.

<div align='center'>2</div>

The execution and delivery of the Securities Purchase
Agreement was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as
amended and Regulations D promulgated thereunder.

The foregoing summaries of the Securities Purchase
Agreement, the Note and the Pre-Delivery Shares do not purport to be complete and are subject to, and qualified in their entirety by,
the full text of, as applicable, the exhibits to this Current Report on Form 6-K, which are incorporated herein by reference.

This report on Form 6-K is incorporated by reference into the
Company’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on April 2, 2025 (Registration
No. 333-286348).

<div align='center'>EXHIBIT INDEX</div>

| Exhibit No. |     | Description                         |
| 4.1         |     | Form of Convertible Promissory Note |
| 10.1        |     | Form of Securities Purchase         
 Agreement