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NetClass Technology Priced, Nasdaq: NTCL

Provides professional education software and services in China.

Industry: Consumer Discretionary

Latest Trade: $5.38 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +7.6%

Industry: Consumer Discretionary

We conduct business primarily through our wholly-owned subsidiaries, NetClass HK in Hong Kong, and NetClass China and its subsidiaries in the PRC. Our primary offices are located in Shanghai and Hong Kong, where we serve a large customer base throughout Hong Kong and PRC. We are a B2B (Business-to-Business) smart education specialist, providing IT solutions to schools, training institutions, corporations, government agencies (mainly the Shanghai Municipal Education Commission), and other institutions or corporate customers. We offer SaaS subscription services and application software development. Our solutions modules include teaching management, campus management, data storage and computing system, online teaching, online examination, epidemic prevention and control, EDC (Education Chain) blockchain system, and lecturer evaluation services, etc. Our mission is to provide high-quality and reliable products to our customers to maintain sustainable business growth over the long term. We believe we are one of the leading online education brands in the PRC’s online education software industry. We have advantages in customized design, easy-to-use interface, knowledge of the industry and market, and our experienced management. In addition, we believe we are the pioneer in applying blockchain technology to online education and related area.
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IPO Data
IPO File Date 03/26/2024
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.8
Deal Size ($mm) $9
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/12/2024
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.8
Deal Size ($mm) $9
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Newbridge Securities
Revere Securities
Company Data
Headquarters Shanghai, China
Founded 2003
Employees at IPO 31
Website www.netclass.cn

NetClass Technology (NTCL) Performance