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NetClass Technology (NASDAQ:NTCL) announced that underwriters of its IPO fully exercised their over-allotment option, purchasing an additional 270,000 Class A shares at $5 each, raising an extra $1.35M in gross proceeds.
- After the over-allotment option was fully exercised, the company sold 2,070,000 Class A shares, raising total gross proceeds of $10.35M.
- Source: Press Release