Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 149

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 149
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 in connection with the IPO of approximately $1.7 million. Net cash provided by financing activities was $1,502 for the six months ended March 31, 2024, represents proceeds from a related party of $1,502. Capital Expenditures The Company did not make significant capital expenditures for the six months ended March 31, 2025 and 2024. The Company will make capital expenditures to meet the expected growth of its business when necessary.

74

Contractual Obligations The Company had a long-term bank loan of $372,070 as of March 31, 2025, which is matured on November 13, 2027. The Company also entered into non-cancellable operating leases for several offices. The leases expire through December 31, 2025. The following table sets forth our contractual obligations and commercial commitments as of March 31, 2025:

| ​                            
 ​                            
 ​                            
 ​                            | ​ 
 ​ 
 ​ | ​                      
 Payments Due by Period 
 ​                      
 Total                  |     ​ 
     ​ | ​ 
 ​ | ​         
 Less than 
 1 Year    |     ​ | ​ 
 ​ | ​     
 1 – 3 
 Years | ​ | ​ 
 ​ | ​     
 3 – 5 
 Years | ​ | ​ 
 ​ | ​         
 More than 
 5 Years   | ​ |
|:-----------------------------|:--|:-----------------------|------:|:--|:----------|------:|:--|:------|:--|:--|:------|:--|:--|:----------|:--|
| Operating lease arrangements | ​ | $                      | 1,287 | ​ | $         | 1,287 | ​ | $     | — | ​ | $     | — | ​ | $         | — |
| Total                        | ​ | $                      | 1,287 | ​ | $         | 1,287 | ​ | $     | — | ​ | $     | — | ​ | $         | — |

For the years ended September 30, 2024, 2023 and 2022

| ​                                                   | ​ 
 ​ | ​ |        ​ 
     2024 | ​ | ​ |        ​ 
     2023 | ​ | ​ |        ​ 
     2022 |
|:----------------------------------------------------|:--|:--|---------:|:--|:--|---------:|: