Core Viewpoint - NETCLASS TECHNOLOGY INC. has acquired a 51% stake in CreateSolutions Co., Ltd. for JPY 2,550,000, marking a strategic expansion into the Asian market and enhancing its software development capabilities [1][3]. Group 1: Acquisition Details - The acquisition involves NETCLASS investing JPY 2,550,000 to acquire 255 shares of CreateSolutions, a Tokyo-based software company [1]. - CreateSolutions specializes in customized, high-efficiency, and sustainable technology solutions, including software development and business consulting [2]. Group 2: Strategic Implications - This acquisition is a significant step in NETCLASS' strategy to expand its market presence across Asia, providing a new operational center in Tokyo [3]. - The move is expected to enhance NETCLASS' software development capabilities, improve existing product quality, and diversify its customer base [3]. Group 3: Leadership Perspective - Dr. Jianbiao Dai, Chairman & CEO of NETCLASS, emphasized that the collaboration aligns with the company's international expansion strategy and aims to broaden the customer base and accelerate revenue growth [4].

SHANGHAI and HONG KONG, Jan. 03, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 270,000 Class A ordinary shares at the public offering price of $5.00 per share, ...

SHANGHAI and HONG KONG, Dec. 16, 2024 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced the closing of its initial public offering (the “Offering”) of 1,800,000 Class A ordinary shares at a public offering price of $5.00 per ordinary share, for total gross proceeds of $9,000,000, before deducting underwriting discounts, commissions, and other related expenses. The ...

SHANGHAI and HONG KONG, Dec. 13, 2024 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore, today announced the pricing of its initial public offering (the “Offering”) of 1,800,000 Class A ordinary shares at a public offering price of $5.00 per ordinary share, for total gross proceeds of $9,000,000, before deducting underwriting discounts, commissions, and other related expenses. The ...