Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 29

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 29
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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. |

| ● | 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 changing market conditions and trends. |

| ● | Our management has limited experience with public companies compliance obligations. Failure to attract and retain qualified personnel and experienced senior management could disrupt our operations and adversely affect our business and competitiveness. |

| ● | 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 results. |

| ● | We may encounter problems related to our operational and financial systems and controls during any growth, including quality control and delivery and production capacities. |

| ● | 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. |

| ● | 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. |

| ● | Our business is substantially dependent upon our key research and development personnel who possess valuable skills in our industry, and we may have to compete for their services actively. |

| ● | If we fail to protect our intellectual property rights, it could harm our business and competitive position. |

| ● | Our financial and operating performance may be adversely affected by epidemics, natural disasters, and other catastrophes. |

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| ● | If we cannot continue to innovate or fail to adapt to changes in our industry, our business, financial condition, and results of operations would be materially and adversely affected. |

| ● | We utilize artificial intelligence, which could expose us to liability or adversely affect our business. |

| ● | We need to continue to expend time, money, and resources into our and our institutions’ information technology, which may place a strain on our capacity that could adversely affect our systems, controls, and operating efficiency, and those of our institutions. |

| ● | If we fail to promote and maintain our brand effectively and cost-efficient, our business and results of operations may be harmed. |

| ● | New lines of business or new products may subject us to additional risks