Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 48

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 48
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its ability to pay dividends or make other distributions to us.

Lower Cost Advantage

Compared to traditional education, we store the
software codes we develop for customers and our research in our internal database for future reference, which significantly saves our
time and monetary costs. As we create more solutions for customers, we believe the cost per project will decrease, and the profitability
will improve over time.

Experienced Management Team

Our team has years of experience in technology
and management in IT, blockchain, software, and big data. Our chairman of the board of directors, Mr. Jianbiao Dai, has more than
twenty years of experience in the information technology industry. Our members of our management team have more than twelve years
of experience in market management, more than twenty years of experience in education and more than ten years of professional
experience in relevant technology research and development.

Implication of Being a Foreign Private Issuer

We are a foreign private issuer within the meaning
of the rules under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As such,
we are exempt from certain provisions applicable to United States domestic public companies. For example:

| · | we are not required to provide as many Exchange Act reports, or as frequently, as a domestic public company; |

| · | for interim reporting, we are permitted to comply solely with our home country requirements, which are 
 less rigorous than the rules that apply to domestic public companies;                                  |

| · | we are not required to provide the same level of disclosure on certain issues, such as executive compensation; |

| · | we are exempt from provisions of Regulation FD aimed at preventing issuers from making selective disclosures 
 of material information;                                                                                     |

| · | we are not required to comply with the sections of the Exchange Act regulating the solicitation of proxies, 
 consents, or authorizations in respect of a security registered under the Exchange Act; and                 |

| · | we are not required to comply with Section 16 of the Exchange Act requiring insiders to file public                                    
 reports of their share ownership and trading activities and establishing insider liability for profits realized from any “short-swing” 
 trading transaction.                                                                                                                   |

We have taken advantage of certain reduced reporting
and other requirements in this prospectus. Accordingly, the information contained herein may be different than the information you receive
from other public companies in which you hold equity securities.

| 16 |

We may take advantage of these exemptions until
such time as we are no longer a