Why These 15 Tech Stocks Are up the Most So Far in 2025

Page 12 of 14

3. Netclass Technology Inc (NASDAQ:NTCL)

Number of Hedge Fund Holders In Q4 2024: N/A

Netclass Technology Inc (NASDAQ:NTCL) is a B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, and Singapore. It had its IPO recently.

The most significant catalyst for the stock’s surge in 2025 was the March 10 announcement of acquiring a 51% stake in Tokyo-based CreateSolutions Co., Ltd. This strategic acquisition expanded NetClass’s operational footprint into Japan, diversified its customer base, and strengthened its software development capabilities, aligning with its long-term Asian expansion strategy. The market responded with a sharp rally, as investors saw this move as a major step toward accelerating revenue growth and product innovation.

Plus, NTCL announced that underwriters had fully exercised their over-allotment option to purchase an additional 270,000 Class A ordinary shares at $5.00 each, generating additional gross proceeds of $1.35 million. This brought the total IPO proceeds to $10.35 million.

NTCL stock is up 92.31% year-to-date.

Page 12 of 14