Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 16

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 16
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                                    |   24 |
| DILUTION                                                         |   24 |
| USE OF PROCEEDS                                                  |   24 |
| DESCRIPTION OF SHARE CAPITAL                                     |   25 |
| DESCRIPTION OF WARRANTS                                          |   38 |
| DESCRIPTION OF DEBT SECURITIES                                   |   39 |
| DESCRIPTION OF UNITS                                             |   48 |
| DESCRIPTION OF SHARE PURCHASE CONTRACTS AND SHARE PURCHASE UNITS |   48 |
| DESCRIPTION OF RIGHTS                                            |   49 |
| PLAN OF DISTRIBUTION                                             |   49 |
| TAXATION                                                         |   50 |
| EXPENSES                                                         |   51 |
| MATERIAL CONTRACTS                                               |   51 |
| MATERIAL CHANGES                                                 |   51 |
| LEGAL MATTERS                                                    |   51 |
| EXPERTS                                                          |   51 |
| INTERESTS OF EXPERTS AND COUNSEL                                 |   51 |
| ENFORCEABILITY OF CIVIL LIABILITIES                              |   52 |
| INCORPORATION OF DOCUMENTS BY REFERENCE                          |   54 |
| WHERE YOU CAN FIND ADDITIONAL INFORMATION                        |   54 |

You should rely only on the information contained
in this prospectus and the documents we incorporate by reference in this prospectus. We have not authorized anyone to provide you with
different information. We do not take any responsibility for, and cannot provide any assurance as to the reliability of, any other information
that others may give you. We are not making an offer to sell the securities in any jurisdiction where the offer or sale thereof is not
permitted. The information contained in this prospectus is accurate only as of the respective date of such information, regardless of
the time of delivery of this prospectus or of any sale or offer to sell hereunder. You should not assume that the information appearing
in this prospectus is accurate as of any date other than the date on the front cover of this prospectus. Our business, financial condition,
results of operations, and prospects may have changed since that date.

To the extent this prospectus contains summaries
of the documents referred to herein, you are directed to the actual documents for complete information. All of the summaries are qualified
in their entirety by the actual documents. Copies of some of the documents referred to herein have been filed, will be filed, as exhibits
to the registration statement of which this prospectus forms a part, and you may obtain copies of such documents as described below in