Company: NTCL
Filing Date: 2025-02-18
Form Type: 20-F
Source: 0001410578-25-000153
Chunk: 29

Company: NetClass Technology Inc
Filing Date: 2025-02-18
Form: 20-F
Item: Item 5
Chunk 29
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 subject us to penalties, damage our reputation and brand, and harm our business and results of operations.  

Table of Contents

  Concerns about the security of our transaction systems and confidentiality of information on the Internet may reduce use of our services and impede our growth.  
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  If we fail to develop and introduce new courseware, services and products that meet our target course participants’ expectations, or adopt new technologies important to our business, our compet...  
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  We may be subject to intellectual property infringement claims, which may be expensive to defend and may disrupt our business and operations.  
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  We may lose market share and our profitability may be materially and adversely affected, if we fail to compete effectively with our present and future competitors or to adjust effectively to ch...  
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  Our management has limited experience with public companies compliance obligations. Failure to attract and retain qualified personnel and experienced senior management could disrupt our operati...  

  We will require substantial additional funding in the future. There is no assurance that additional financing will be available to us.  

  A rapid expansion could significantly strain our resources, management, and operational infrastructure, impairing our ability to meet increased demand for our products and hurt our business res...  

  We may encounter problems related to our operational and financial systems and controls during any growth, including quality control and delivery and production capacities.  
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  We may encounter a working capital shortage, as we may need additional funds to finance the purchase of materials and supplies, develop new products, and hire additional employees.  
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  We cannot assure you that our internal growth strategy will be successful, which may negatively impact our growth, financial condition, results of operations, and cash flow.  
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