NetClass repays convertible promissory note and cancels share reserve
On November 4, 2026, NetClass Technology Inc repaid in full its convertible promissory note by paying the Holder $949,323.78, covering all outstanding principal, accrued and unpaid interest, fees, and other amounts owed. The Holder acknowledged that the Note was terminated and cancelled and that all conversion rights had ended; 1,654,436 reserved Class A ordinary shares returned to authorized but unissued status. NetClass also repurchased 21,390 Pre-Delivery Shares for an aggregate $267.38 and said it planned to...
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