On July 1, 2026, NETCLASS TECHNOLOGY INC (Nasdaq: NTCL) disclosed a share consolidation plan of its Class A and Class B ordinary shares at a ratio of 1 for 50 shares. The company, a B2B smart education IT solutions provider based in Shanghai, Hong Kong, Singapore, and Tokyo, made this announcement. The share consolidation, termed as a "Reverse Split," will come into effect on July 6, 2026, at the start of trading on The Nasdaq Stock Market.