• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    NetSol Technologies Inc. Common Stock filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    6/25/25 6:05:10 AM ET
    $NTWK
    Computer Software: Prepackaged Software
    Technology
    Get the next $NTWK alert in real time by email
    false 0001039280 0001039280 2025-06-24 2025-06-24 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, DC 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

     

     

    Date of Report (Date of earliest event reported): June 24, 2025

     

    Commission file number: 0-22773

     

    NETSOL TECHNOLOGIES, INC.

    (Exact name of small business issuer as specified in its charter)

     

    nevada   95-4627685

    (State or other Jurisdiction of

     Incorporation or Organization)

      (I.R.S. Employer NO.)

     

    16000 Ventura Blvd. Suite 770, Encino, CA 91436

    (Address of principal executive offices) (Zip Code)

     

    (818) 222-9195 / (818) 222-9197

    (Issuer’s telephone/facsimile numbers, including area code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock, $.01 par value per share   NTWK   NASDAQ

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 5.07 Submission of Matters to a Vote of Security Holders.

     

    On June 24, 2025, NetSol Technologies, Inc. (the “Company”) convened its annual meeting of shareholders. The following proposals were submitted to a vote of security holders. Of the total issued and outstanding shares as of April 30, 2025 the record date, 70.70% or 8,279,429 shares voted in this election. Broker non-votes, which are voted in the ratification of appointment of auditors, are present for purposes of establishing a quorum, but are not considered voted in other proposals.

     

    1. Election of Directors

     

    The following were elected directors of the Company to hold office until the next Annual General Meeting of the Shareholders. A total of 7,194,620 shares of common stock cast votes for directors. The following sets forth the tabulation of the shares voted for each director:

     

    Director  For   Against   Abstain   % of Total Voted For * 
    Najeeb Ghauri   5,351,407    1,840,557    2,656    74.40%
    Mark Caton   4,475,131    2,716,433    3,056    62.22%
    Malea Farsai   5,362,747    1,829,273    2,600    74.56%
    Syed Kausar Kazmi   4,727,098    2,464,823    2,699    65.72%
    Ian Smith   5,518,952    1,672,569    3,099    76.74%

     

    2. To approve, on an advisory basis, compensation of the Named Executive Officers:

     

    The shareholders approved on an advisory basis the named executive officer compensation. The following sets forth the tabulation of the shares voting in connection with this proposal.

     

    Total Shares Voted For   Against   Abstain   % of Total Voted in Favor *

     

    7,194,620 5,202,194   1,928,443   63,983   72.95%

     

    3.. Ratification of Appointment of Auditors:

     

    Fortune CPA, Inc. was appointed as Auditors for the Company for the fiscal year ending June 30, 2025. Ratification of this appointment was sought in this proposal. The following sets forth the tabulation of the shares voting for this matter.

     

    Total Shares Voted For   Against   Abstain   % of Total Voted in Favor *
    8,279,429   7,038,591   1,239,683   1,155   85.02%

     

    4. To approve the amendment of our articles of incorporation to increase the number of authorized shares of capital stock from 15,000,000 to 18,500,000 and common stock of the Company from 14,500,000 to 18,000,000 shares of common stock.

     

    Total Shares Voted For   Against   Abstain   % of Total Voted in Favor *
    7,194,620   5,351,001   1,828,484   15,135   74.53%

     

    5. To approve the adoption of the 2025 Equity Incentive Plan.

     

    Total Shares Voted For   Against   Abstain   % of Total Voted in Favor *
    7,194,620   3,672,082   3,502,358   20,180   51.18%

     

    * Less Abstention/Withheld

     

       Page 2

     

     

    SIGNATURES

     

    In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

        NETSOL TECHNOLOGIES, INC.
         
    Date: June 25, 2025 /s/Najeeb Ghauri
        NAJEEB GHAURI
        Chief Executive Officer
         
    Date: June 25, 2025 /s/ Roger K. Almond
        ROGER K. ALMOND
        Chief Financial Officer

     

       Page 3

    Get the next $NTWK alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $NTWK

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $NTWK
    SEC Filings

    See more
    • SEC Form S-8 filed by NetSol Technologies Inc. Common Stock

      S-8 - NETSOL TECHNOLOGIES INC (0001039280) (Filer)

      7/7/25 4:51:16 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NetSol Technologies Inc. Common Stock filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - NETSOL TECHNOLOGIES INC (0001039280) (Filer)

      6/25/25 6:05:10 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NetSol Technologies Inc. Common Stock filed SEC Form 8-K: Results of Operations and Financial Condition

      8-K - NETSOL TECHNOLOGIES INC (0001039280) (Filer)

      5/14/25 3:35:21 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President Ghauri Naeem bought $70,374 worth of shares (18,279 units at $3.85), increasing direct ownership by 4% to 459,853 units (SEC Form 4)

      4 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/15/25 2:42:45 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • CEO Ghauri Najeeb bought $18,543 worth of shares (5,025 units at $3.69), increasing direct ownership by 0.55% to 923,338 units (SEC Form 4)

      4 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/15/25 6:06:16 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • CEO Ghauri Najeeb bought $16,850 worth of shares (5,000 units at $3.37), increasing direct ownership by 0.55% to 913,313 units (SEC Form 4)

      4 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/7/25 4:10:15 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Chinese leasing company goes live with Transcend Finance in Indonesia

      ENCINO, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the successful go-live of its Transcend Finance platform for a leading Chinese leasing company, marking the customer's official launch of operations in the Indonesian market. The customer, known for offering a wide range of leasing solutions across sectors including equipment leasing, asset financing and commercial leasing, has deployed NETSOL's Transcend Finance for its retail operations, comprising Omni Point of Sale (Omni POS) and Contract Management

      7/17/25 9:06:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL Technologies China Signs Strategic Agreement at the SCO Summit 2025

      ENCINO, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, participated at the Shanghai Cooperation Organization (SCO) Summit in Tianjin, China this past week on July 11, 2025, where it signed a strategic cooperation agreement with Tianjin Binhai Smart Group Co., Ltd. and the Dongjiang Free Trade Port Zone Government. The partnership will focus on two strategic initiatives: integrated financial services for the automotive industry and cross-border data services. The signing took place during the forum's main session, with Ms

      7/15/25 9:06:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL Technologies Appoints Ian Smith to its Board of Directors

      ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic growth. Most notably, he served as Chief Executive Officer for BMW Group Financial Services – USA and the Americas from 2017 to 2021, where he was responsible for a balance sheet exceeding $

      7/8/25 9:05:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Smith Ian Charles claimed no ownership of stock in the company (SEC Form 3)

      3 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/21/25 4:31:47 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • President Ghauri Naeem bought $70,374 worth of shares (18,279 units at $3.85), increasing direct ownership by 4% to 459,853 units (SEC Form 4)

      4 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/15/25 2:42:45 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • CEO Ghauri Najeeb bought $18,543 worth of shares (5,025 units at $3.69), increasing direct ownership by 0.55% to 923,338 units (SEC Form 4)

      4 - NETSOL TECHNOLOGIES INC (0001039280) (Issuer)

      7/15/25 6:06:16 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Financials

    Live finance-specific insights

    See more
    • NETSOL Technologies Reports Third Quarter Fiscal 2025 Results

      Total net revenues for Q3'25 increased by 13%, reaching $17.5 million, when compared with Q3'24.Total service revenue increased 24% in Q3'25, reaching $9.7 million, when compared with Q3,'24.Total subscription (SaaS and Cloud) and support revenues increased 10% to $7.9 million, compared to $7.1 million in the prior year period.Net profit for Q3'2025 was $1.4 million. ENCINO, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the third fiscal quarter ended March 31, 2025. "We delivered solid performance in the third quarter, with strong

      5/14/25 8:30:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL Technologies Sets Fiscal Third Quarter 2025 Conference Call for Wednesday, May 14, 2025, at 9:00 AM ET

      ENCINO, Calif., May 02, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, May 14, 2025, at 9:00 AM ET to discuss its financial results for the fiscal third quarter of 2025 (ended March 31, 2025). Following the call, management will host a question-and-answer session. Date: Wednesday, May 14, 2025 Time: 9:00 AM Eastern Time (6:00 AM Pacific Time)Toll-Free Dial-In: 877-407-0789International Dial-In: 201-689-8562 The conference call will also be broadcast live and available for replay here, along with additional replay access being provided through the company

      5/2/25 9:00:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL Technologies Reports Second Quarter Fiscal 2025 Results

      Double digit growth in subscription and support revenues in 2Q'25Total service revenue increased 26% in 2Q'2545% gross margins in 2Q'25Cash and cash equivalents increased to $21.3 million ENCINO, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the second fiscal quarter and six months ended December 31, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL Technologies Inc., commented, "Our second quarter of fiscal 2025 was highlighted by strong growth in recurring revenues which have been a key strategic f

      2/13/25 8:30:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by NetSol Technologies Inc. Common Stock

      SC 13G - NETSOL TECHNOLOGIES INC (0001039280) (Subject)

      2/13/24 5:09:50 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13D filed by NetSol Technologies Inc. Common Stock

      SC 13D - NETSOL TECHNOLOGIES INC (0001039280) (Subject)

      7/25/23 8:00:34 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by NetSol Technologies Inc. Common Stock (Amendment)

      SC 13G/A - NETSOL TECHNOLOGIES INC (0001039280) (Subject)

      2/13/23 12:55:44 PM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology

    $NTWK
    Leadership Updates

    Live Leadership Updates

    See more
    • NETSOL Technologies Appoints Ian Smith to its Board of Directors

      ENCINO, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a leader in AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, has announced the appointment of Ian Smith to its Board of Directors, effective July 1, 2025. Mr. Smith brings with him over three decades of global leadership experience in financial services, with a proven track record in automotive finance, digital transformation and strategic growth. Most notably, he served as Chief Executive Officer for BMW Group Financial Services – USA and the Americas from 2017 to 2021, where he was responsible for a balance sheet exceeding $

      7/8/25 9:05:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL appoints Richard Howard as Advisory Board Member

      ENCINO, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, has announced the appointment of Richard Howard, a distinguished automotive executive with an extensive leadership track record at Daimler Financial Services, to its Advisory Board. While Richard joins NETSOL in the capacity of an Advisory Board Member, his involvement will go far beyond a traditional advisory role. He will play an active part in shaping the corporate strategy, with a particular emphasis on accelerating growth in North America - one of NETSOL's focus markets. NETSOL expects that Richard's insights will support

      5/20/25 8:30:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology
    • NETSOL Technologies appoints Dario Morelli as Vice President of Artificial Intelligence

      ENCINO, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and asset finance solutions provider, has announced the appointment of Dario Morelli as Vice President of Artificial Intelligence. Based in the United Kingdom, in this key position, Morelli will lead NETSOL's recently launched Transcend AI Labs – its new innovation hub for AI-driven automation, consulting and product development. This strategic hire underscores the company's commitment to advancing its AI-first approach and reinforcing its position at the forefront of innovation in the asset finance and leasing sector. As a business leader and AI strategist with over 15

      3/25/25 8:30:00 AM ET
      $NTWK
      Computer Software: Prepackaged Software
      Technology