NetClass Technology Moves Headquarters and Aims to Acquire LBC International
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
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Corporate Headquarters Relocation: NETCLASS Technology will move its corporate headquarters to Singapore on September 1, 2025.
Acquisition Plans: The company has signed a non-binding Letter of Intent to acquire 51% of LBC International Company based in Vietnam.
New Office Lease: NETCLASS Technology has entered into a new office lease agreement through its subsidiary, NetClass International Pte. Ltd., for the Singapore headquarters.
Expansion Strategy: The acquisition is part of NETCLASS's global expansion strategy aimed at enhancing its presence in Vietnam and the Southeast Asian market.
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About NTCL
NetClass Technology Inc is a holding company principally engaged in the provision of online education platform and related courseware, and education Information Technology (IT) solutions. The Company's main products and services include Smart Campus Solutions, NetClass Mobile Learning Platforms, Education Credit (EDC) Blockchain System, NetClass Online Examination System, NetClass Epidemic Prevention and Control System, Online Lecturer Evaluation Services, as well as Application Development Services. The Company provides services for schools, training institutions, corporations, public agencies, and other institutions or corporate customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Compliance Deadline: The company has been granted 180 calendar days until July 27, 2026, to regain compliance, highlighting the timeframe available for the company to implement necessary measures to meet Nasdaq's requirements.
- Remedial Options Assessment: NetClass is evaluating potential remedial options, including a reverse stock split if necessary, although there is no assurance of regaining compliance, underscoring the challenges and uncertainties the company faces.
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- Nasdaq Notification: On January 27, 2026, NetClass Technology received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share based on the last 30 business days, although trading continues uninterrupted.
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