Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 57

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 57
---
, estimated or intended. Forward-looking statements might not prove to be accurate,
as actual results and future events could differ materially from those anticipated in such forward-looking statements. Accordingly, readers
should not place undue reliance on forward-looking statements. We wish to advise you that these cautionary remarks expressly qualify,
in their entirety, all forward-looking statements attributable to our company or persons acting on our company’s behalf. We do not
undertake to update any forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting
such statements, except as, and to the extent required by, applicable securities laws. You should carefully review the cautionary statements
and risk factors contained in this prospectus and other documents that we may file from time to time with the securities regulators.

| 23 |

<div align='center'>CAPITALIZATION AND INDEBTNESS</div>

Our capitalization will
be set forth in the applicable prospectus supplement or in a report on Form 6-K subsequently furnished to the SEC and specifically
incorporated by reference into this prospectus.

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

If required, we will
set forth in a prospectus supplement the following information regarding any material dilution of the equity interests of investors purchasing
securities in an offering under this prospectus:

| ● | the net tangible book value per share of our equity securities before and after the offering; |

| ● | the amount of the increase in such net tangible book value per share attributable to the cash payments made by purchasers in the offering; and |

| ● | the amount of the immediate dilution from the public offering price which will be absorbed by such purchasers. |

<div align='center'>USE OF PROCEEDS</div>

We intend to use the net proceeds from the sale of securities we offer as indicated in the applicable prospectus supplement, information incorporated by reference, or free writing prospectus.

| 24 |

<div align='center'>DESCRIPTION OF SHARE CAPITAL</div>

We were incorporated as an exempted company with
limited liability under the laws of the Cayman Islands on January 4, 2022. Our affairs are governed by our memorandum and articles,
as amended and restated from time to time, the Cayman Islands Companies Act, and the common law of the Cayman Islands. A Cayman Islands
exempted company:

| · | is a company that conducts its business mainly outside the Cayman Islands; |

| · | is prohibited from trading in the Cay