The court was told she will apply for a discharge without conviction.
On November 1, Read was one of six Waikato Diocesan School for Girls students who rode dirtbikes at lunchtime through Hamilton Boys' High School as a prank.
It was filmed on a GoPro camera that was dropped at the scene and handed to police.
One of the bikes struck and injured Kyle Kirsten, a promising footballer at the boys' school. He suffered a deep gash that required 12 stitches.
Kirsten lay on the field until he was eventually helped off the field and taken to hospital.
Posts on social media referred to the boy's wound as a "very deep cut".
The Herald was told at the time the gash was "down to the bone".
Read was charged even though Kirsten's father Glen said he did not want the culprits to face charges. He said at the time he was satisfied the incident was a prank that "has gone a bit wrong".
"My son is fine. He has an injury but that will heal," he told the Herald.
However, the principal of the school where the incident took place, Susan Hassall, did want charges pursued - saying a "strong message" must be sent to young people that reckless behaviour won't be tolerated.
She said the girls weren't invited on to school grounds and she called the speed at which they were driving the bikes "very dangerous".
"I'd call it more than a prank to be honest."
Read was remanded on bail till March for police to consider a discharge without conviction.