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NetClass Technology enacts 1-for-50 reverse stock split effective July 6 on Nasdaq

PUBT·07/01/2026 12:32:50
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NetClass Technology enacts 1-for-50 reverse stock split effective July 6 on Nasdaq
  • NetClass will execute a 1-for-50 reverse stock split effective at the Nasdaq open on July 6, 2026.
  • Shares will trade on a split-adjusted basis under NTCL; new CUSIP G6427C116.
  • Move targets Nasdaq’s $1 minimum bid-price rule.
  • Issued Class A shares to fall to about 1,280,000 from about 63,900,000; Class B shares to drop to about 40,000 from about 2,000,000.
  • No fractional shares will be issued.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NetClass Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607010830PRIMZONEFULLFEED9752025) on July 01, 2026, and is solely responsible for the information contained therein.