Network School has refuted rumors of its closure, labeling them as fake news. The institution clarified that it received two notices: one requiring a change in the text of a sign, and another concerning licensing discrepancies at its coworking site. The site, formed by merging two adjacent units, has a valid license for the left side but not the right. Network School assured that it has a remedial period to address these issues and that its members remain unaffected.