Netclass Technology is trading at $0.27, down 15.09%, after announcing a $1.2 million registered direct offering. - The offering covers 3 million shares at $0.40 each for one institutional investor; a market report also linked the pre-market decline to the offering. - Closing is expected around November 6, subject to customary conditions. - The sale may dilute existing shareholders, with the decline extending the recent slide.