🔴 Netclass Technology is trading 16.67% down in pre-market after announcing $1.2 million registered direct offering

Netclass Technology is trading at $0.27, down 16.67%, after announcing a $1.2 million registered direct offering on November 5.

• The company plans to sell 3 million Class A shares or pre-funded warrants at $0.40 per share; closing is expected around November 6.
• The issuance is a company-specific catalyst amid broader technology-sector weakness. Shares declined consecutively from $0.70 on October 28 to $0.32 on November 5.