On January 27, 2026, NetClass Technology Inc. received formal notification from the Nasdaq Listing Qualifications Department that its Class A ordinary shares have traded below the $1.00 minimum bid price required under Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. The notice confirms that, while trading will continue uninterrupted under the symbol “NTCL,” the Company has fallen out of compliance with the bid price standard.

Nasdaq has granted NetClass a 180-calendar‐day cure period ending July 27, 2026, to restore compliance by achieving the $1.00 minimum bid price. Should the Company fail to meet this threshold, it may request an additional compliance interval if it satisfies the market value of publicly held shares requirement and all other initial listing criteria—except the bid price mandate—while filing a written plan to effect a reverse stock split or other corrective measure.

NetClass, a B2B smart education IT solutions provider with regional offices in Shanghai, Hong Kong, Singapore and Tokyo, is evaluating strategic and financial measures to improve its share price. The Company’s offering spans SaaS subscriptions, campus management software, online teaching platforms, data storage services, EDC blockchain systems and lecturer evaluation tools. Management has indicated it will use “all reasonable efforts” to regain compliance, while cautioning that there can be no guarantee of success.

In its announcement, NetClass cautioned that statements regarding plans to cure the listing deficiency involve risks and uncertainties, citing potential volatility in market conditions and the efficacy of contemplated actions such as a reverse stock split. Investors are advised to review the Company’s SEC filings for factors that may affect future results, including regulatory requirements, business strategy execution and market demand for smart education technology solutions.