Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 97

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 97
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ell the securities, may be deemed to be underwriters, and any discounts or commissions
received by them from us and any profit on the resale of the securities by them may be deemed to be underwriting discounts and commissions
under the Securities Act.

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

Please refer to “Item 10. Additional Information - E. Taxation” of our 2024 Annual Report which is herein incorporated by reference.

| 50 |

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

The following table sets forth the estimated costs
and expenses, other than underwriting discounts and commissions, payable by us in connection with the offering of the securities being
registered. All the amounts shown are estimates, except for the SEC registration fee.

| SEC registration fee                        | $ | 13,810 |
| Financial Industry Regulatory Authority fee | $ |      * |
| Legal fees and expenses                     | $ |      * |
| Accounting fees and expenses                | $ |      * |
| Miscellaneous                               | $ |      * |
| Total                                       | $ |      * |

| * | To be provided by a prospectus supplement or as an exhibit to a report of foreign private issuer on Form 6-K that is incorporated by reference into this registration statement. Estimated solely for this item. Actual expenses may vary. |

<div align='center'>MATERIAL CONTRACTS</div>

Our material contracts are described in the documents
incorporated by reference into this prospectus. See “Incorporation of Documents by Reference” below.

<div align='center'>MATERIAL CHANGES</div>

Except as otherwise described in our most recent
annual report on Form 20-F, in our Reports on Form 6-K furnished under the Exchange Act and incorporated by reference herein
and as disclosed in this prospectus, no reportable material changes have occurred since September 30, 2025.

<div align='center'>LEGAL MATTERS</div>

We are being represented by Ortoli Rosenstadt
LLP with respect to certain legal matters as to United States federal securities and New York State law. The legality and validity of
the securities offered from time to time under this prospectus under the laws of the Cayman Islands was passed upon by Harney Westwood &
Riegels. Ortoli Rosenstadt LLP may rely uponHarney Westwood & Riegels with respect to matters governed by Cayman Islands law.

If legal matters in connection with offerings made pursuant to this prospectus are passed upon by counsel to