ShareholdingAug 5, 2026, 05:34 PM
NetClass Technology Issues 100,000 Class B Shares to Insider-Owned Entity
AI Summary
NetClass Technology Inc. issued 100,000 Class B Ordinary Shares to Dragonsoft Holding Limited for $2.69 per share. Dr. Jianbiao Dai, the company's Chief Executive Officer and Chairman, is the sole owner of Dragonsoft Holding Limited. This transaction, completed on August 5, 2026, maintains Dragonsoft's 100% ownership of Class B shares, representing 77.93% of the total voting power.
Key Highlights
- NetClass Technology issued 100,000 Class B Ordinary Shares.
- Shares sold to Dragonsoft Holding Limited at $2.69 per share.
- Total transaction value was $269,000.
- Dragonsoft Holding Limited holds 77.93% of total voting power.
- CEO Dr. Jianbiao Dai controls Dragonsoft Holding Limited.
- Issuance completed on August 5, 2026.
Price Impact
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