China Business Brief: Univest Securities Says NetClass Technology Completed $1.2 Million Nasdaq Offering

Univest Securities announced the completion of a $1.2 million registered direct offering for its client, NetClass Technology Inc., according to the information supplied in the draft. NetClass Technology is identified in the announcement as a Nasdaq-listed company trading under the ticker NTCL. The announcement is limited in scope, but it centers on a capital markets transaction involving a U.S. securities firm and a publicly traded client. The transaction was described as completed, indicating that the registered direct offering had moved beyond announcement to closing. Univest Securities was presented as the company making the announcement, while NetClass Technology was presented as…