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NetClass Technology to execute 1-for-50 reverse stock split on July 6

PUBT · 07/07 20:31
NetClass Technology to execute 1-for-50 reverse stock split on July 6
  • NetClass Technology will consolidate its Class A and Class B ordinary shares in a 1-for-50 reverse split effective July 6, 2026.
  • Move targets Nasdaq’s $1 minimum bid-price requirement under Listing Rule 5550(a)(2).
  • Class A shares to trade on a split-adjusted basis under NTCL with new CUSIP G6427C116.
  • Outstanding Class A shares expected to drop to about 1,280,000 from about 63,900,000.
  • Outstanding Class B shares expected to fall to about 40,000 from about 2,000,000.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetClass Technology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-081294), on July 07, 2026, and is solely responsible for the information contained therein.