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    SEC Form 6-K filed by NETCLASS TECHNOLOGY INC

    12/29/25 6:03:23 AM ET
    $NTCL
    Computer Software: Prepackaged Software
    Technology
    Get the next $NTCL alert in real time by email
    6-K 1 tm2534296d1_6k.htm FORM 6-K

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 6-K

     

    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13a-16 OR 15d-16

    UNDER THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of December 2025

     

    Commission File Number: 001-42440

     

    NETCLASS TECHNOLOGY INC

     

    Unit 11-03, ABI Plaza

    11 Keppel Road

    Singapore 089057

    +65 91821823

    (Address of principal executive offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

     

    Form 20-F  x     Form 40-F  ¨

     

     

     

     

     

     

    On December 23, 2025, at 11:00 a.m., Singapore Time (December 22, 2025, at 10:00 p.m. Eastern Time), NETCLASS TECHNOLOGY INC held a meeting of the holders of class A ordinary shares of a par value of $0.00025 each (the “Class A Ordinary Shares”) (the “Class A Meeting”) at the principal office of the Company located at Unit 11-03, ABI Plaza, 11 Keppel Road, Singapore, 089507. Immediately following the Class A Meeting, the Company held a meeting of the holders of class B ordinary shares of a par value of $0.00025 each (the “Class B Ordinary Shares”) (the “Class B Meeting”), at the same location. Immdiately following the Class B Meeting, the Company held an annual general meeting of the shareholders of (the “Annual General Meeting”), at the same location.

     

    As of the record date of December 2, 2025 (the “Record Date”), there were 19,992,031 Class A Ordinary Shares and 2,000,000 Class B Ordinary Shares outstanding. Holders of Class A Ordinary Shares as of the Record Date are entitled to one (1) vote for each Class A Ordinary Share held for each of the proposals and holders of Class B Ordinary Shares as of the Record Date are entitled to fifteen (15) votes for each Class B Ordinary Share held for each of the proposals.

     

    Class A Meeting

     

    Holders of 9,589,551 Class A Ordinary Shares of the Company were present in person or by proxy at the Class A Meeting, representing approximately 47.97% of the 19,992,031 outstanding Class A Ordinary Shares as of the Record Date , and therefore constituting a quorum of at least one-third of all votes attaching to all the Class A Ordinary Shares outstanding and entitled to vote at the Class A Meeting as of the Record Date. The matter voted on at the Class A Meeting was approved. The final voting results for the matter submitted to a vote of shareholders at the Class A Meeting are as follows:

     

       For   Against   Abstain 
    Proposal 1: By a special resolution of the holders of Class A Ordinary Shares, to approve the increase of the voting rights attached to the Class B Ordinary Shares from fifteen (15) votes per share to fifty (50) votes per share on all matters subject to vote at general meetings of the Company, subject to the rights, restrictions, qualifications and preferences (if any) to be set forth in the amended and restated memorandum and articles of association (the “Second Amended and Restated Memorandum and Articles of Association” or “Restated M&A”).   9,458,211    131,339    0 

     

    Class B Meeting

     

    Holders of 2,000,000 Class B Ordinary Shares of the Company were present in person or by proxy at the Class B Meeting, representing 100% of the 2,000,000 outstanding Class B Ordinary Shares as of the Record Date , and therefore constituting a quorum of at least one-third of one-third of all votes attaching to the Class B Ordinary Shares outstanding and entitled to vote at the Class B Meeting as of the Record Date. The matter voted on at the Class B Meeting was approved. The final voting results for the matter submitted to a vote of shareholders at the Class B Meeting are as follows:

     

       For   Against   Abstain 
    Proposal 1: By a special resolution of the holders of Class B Ordinary Shares, to approve the increase of the voting rights attached to the Class B Ordinary Shares from fifteen (15) votes per share to fifty (50) votes per share on all matters subject to vote at general meetings of the Company, subject to the rights, restrictions, qualifications and preferences (if any) to be set forth in the Restated M&A.   30,000,000    0    0 

     

     

     

     

    Annual General Meeting

     

    Holders of 9,290,051 Class A Ordinary Shares and holders of 2,000,000 Class B Ordinary Shares of the Company were present in person or by proxy at the Annual General Meeting, representing approximately 46.47% of the 19,992,031 outstanding Class A Ordinary Shares and 100% of the 2,000,000 outstanding Class B Ordinary Shares as of the Record Date, and therefore constituting a quorum of at least one-third of one-third of all votes attaching to the Class A Ordinary Shares and Class B Ordinary Shares outstanding and entitled to vote at the Annual General Meeting as of the Record Date. All matters voted on at the Annual General Meeting were approved. The final voting results for the matters submitted to a vote of shareholders at the Annual General Meeting are as follows:

     

       For   Withhold     
    Proposal 1: By an ordinary resolution, to re-appoint Jianbiao Dai, Lina Chen, Xianghong Zhou, Angel Colon, and Xiao Fu to serve on the Company’s board of directors until the next annual general meeting of shareholders or until their office is otherwise vacated or they are removed in accordance with the Company’s then effective memorandum and articles of association               
    Jianbiao Dai   39,254,514    35,537      
    Lina Chen   39,254,514    35,537      
    Xianghong Zhou   39,254,514    35,537      
    Angel Colon   39,254,514    35,537      
    Xiao Fu   39,254,514    35,537      

     

       For   Against   Abstain 
    Proposal 2: By an ordinary resolution, to approve the appointment of Wei, Wei &Co., LLP as the Company’s independent registered public accounting firm for the fiscal year ended on September 30, 2025   39,242,164    29,727    18,159 
    Proposal 3:  subject to approval by the holders of Class A Ordinary Shares and the holders of Class B Ordinary Shares of the change of voting rights, to approve the increase of the voting rights attached to the Class B Ordinary Shares from fifteen (15) votes per share to fifty (50) votes per share on all matters subject to vote at general meetings of the Company, subject to the rights, restrictions, qualifications and preferences (if any) to be set forth in the Restated M&A (the “Change of Voting Rights”).   39,139,294    143,716    7,040 
    Proposal 4: By a special resolution, subject to approval by the holders of Class A Ordinary Shares and the holders of Class B Ordinary Shares of the Change of Voting Rights, to adopt the Restated M&A in substitution for and to the exclusion of the currently effective memorandum and articles of association of the Company, to (i) implement the Change of Voting Rights and (ii) incorporate certain post-IPO language, corporate-governance provisions, and housekeeping amendments customary for a listed Cayman Islands exempted company, as more particularly described in the Restated M&A, and authorize Board to do all other acts and things as the Board considers necessary or desirable in connection with the adoption of the Restated M&A, including without limitation, attending to the necessary filing with the Registrar of Companies in the Cayman Islands   39,144,038    138,729    7,283 
    Proposal 5: By an ordinary resolution, to adjourn the AGM to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal One to Four   39,237,222    35,968    16,860 

     

    A copy of the Second Amended and Restated Memorandum of Association is filed as Exhibit 3.1 to this report.

     

     

     

     

    EXHIBIT INDEX

     

    Exhibit No.   Description
    3.1   Second Amended and Restated Memorandum and Articles of Association

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

      NETCLASS TECHNOLOGY INC
         
    Date: December 29, 2025 By: /s/ Jianbiao Dai                             
      Name: Jianbiao Dai 
      Title: Chief Executive Officer

     

     

     

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