NetClass Technology (2024 New Filing)

General Information

We offer, through our subsidiaries in the People’s Republic of China (PRC), a variety of SaaS subscription services to schools, training institutions, corporations, government agencies and other institutions, and corporate customers in China. (Incorporated in the Cayman Islands)

Through our operating subsidiaries located in Hong Kong and PRC, namely, NetClass HK, NetClass Education, NetClass Management, NetClass Training and NetClass HR, we are mainly engaged in offering online professional education platform and related courseware, as well as data management system. We provide smart education IT solutions to schools, training institutions, corporations, government agencies (mainly Shanghai Municipal Education Commission), and other institutions or corporate customers. Our services include SaaS subscription services and application software development. Our products   include modules such as teaching management, campus management, online teaching, online examination, epidemic prevention, EDC (Education Credit) blockchain system, and lecturer evaluation services. These modules are powered by the mobile Internet, cloud computing, and big data technologies. Our mission is to provide high-quality and reliable products to our customers to maintain sustainable business growth over the long term.

Note: Net income and revenue are in U.S. dollars are for the 12 months that ended Sept. 30, 2023.

(Note: NetClass Technology, Inc. filed its F-1 for a new IPO – 1.8 million shares at a price range of $5.00 to $6.00 to raise $10.0 million – on March 25, 2024. The company also withdrew its 2023 IPO plans, in a separate filing with the SEC. The prospectus for the now-withdrawn 2023 IPO showed that NetClass Technology had planned to offer 3.8 million shares at a price range of $4.00 to $5.00 to raise $17.0 million.)


Industry: Educational Software & Services
Employees: 41
Founded: 2003
Contact Information
Address 6F, Building A 1188 Wan Rong Road Shanghai, People’s Republic of China 200436
Phone Number +86-021-61806588
Web Address
View Prospectus: NetClass Technology (2024 New Filing)
Financial Information
Market Cap $97.0mil
Revenues $11.09 mil (last 12 months)
Net Income $0.16 mil (last 12 months)
IPO Profile
Symbol NTCL
Exchange NASDAQ
Shares (millions): 1.8
Price range $5.00 - $6.00
Est. $ Volume $10.0 mil
Manager / Joint Managers Revere Securities
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change