NETCLASS Technology Secures $2.4 Million in Private Placement Financing to Expand AI, Blockchain, and EDC Token Initiatives.

NETCLASS Technology INC closed a $2.4 million private placement financing led by an institutional investor. The company sold 1,500,000 Class A ordinary shares at $1.60 per share. NetClass plans to use the proceeds to expand AI application scenarios, advance blockchain technology, and strengthen the adoption of EDC token in Singapore. The company aims to accelerate the rollout of its AI-driven education ecosystem and pursue new token-based opportunities.