NetClass Technology Inc (NTCL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NTCL currently has 20M outstanding shares. with moderate dilution risk from 5.44M authorized shares representing 27.2% potential dilution. The company has significantly diluted shareholders by 184778.44% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Dec 29, 2025 |
F-3 filing: NetClass Technology Inc. may offer various securities, including Class A Ordinary Shares, share purchase contracts, share purchase units, warrants, and debt securities, up to an aggregate initial offering price of $100,000,000. |
20M | 5.4M |
| Oct 20, 2025 |
F-1 filing: This F-1 filing describes an offering of Class A Ordinary Shares by a selling shareholder, Streeterville Capital, LLC, through the conversion of a convertible note. |
18M | 5.4M |
| Feb 18, 2025 |
20-F filing | 0.0M shares outstanding |
10K | 0 |
| Mar 26, 2024 |
F-1 filing: This is an F-1 filing for NetClass Technology Inc, offering Class A ordinary shares. The company is a B2B smart education specialist providing IT solutions, primarily operating in Hong Kong and PRC. |
N/A | 0 |
| Mar 26, 2024 |
RW filing: The company is seeking withdrawal of the registration statement as it does not intend to pursue the contemplated public offering. |
N/A | 0 |
| Jun 20, 2023 |
POS AM filing: This is a POS AM filing. |
N/A | 0 |
| Mar 28, 2023 |
F-1 filing: This is an F-1 filing related to an initial public offering, detailing various legal and financial aspects of the offering, including registration compliance, listing on Nasdaq, and agreements with underwriters. |
N/A | 0 |