Northann Corp. Files 8-K on Security Holder Vote Matters

TL;DR

Northann Corp. 8-K filed: Shareholder vote matters being submitted.

AI Summary

Northann Corp. filed an 8-K on January 2, 2025, reporting events as of December 31, 2024. The filing indicates a submission of matters to a vote of security holders. The company is incorporated in Nevada and its principal executive office is located at 2251 Catawba River Rd, Fort Lawn, SC 29714.

Why It Matters

This filing signals that Northann Corp. is engaging in a process requiring shareholder approval, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose specific financial risks or negative events.

Key Players & Entities

• Northann Corp. (company) — Registrant
• 20250102 (date) — Filing Date
• 20241231 (date) — Period of Report
• 2251 Catawba River Rd. Fort Lawn, SC 29714 (address) — Principal Executive Office

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value NCL NYSE American LLC I
• $0.0001 — and outstanding common stock, par value $0.0001 per share (with no change to the author

Filing Documents

• ncl-20241231.htm (8-K) — 146KB
• 0001575872-25-000002.txt ( ) — 286KB
• ncl-20241231.xsd (EX-101.SCH) — 4KB
• ncl-20241231_cal.xml (EX-101.CAL) — 1KB
• ncl-20241231_def.xml (EX-101.DEF) — 12KB
• ncl-20241231_lab.xml (EX-101.LAB) — 16KB
• ncl-20241231_pre.xml (EX-101.PRE) — 12KB
• ncl-20241231_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On December 31, 2024, Northann Corp. (the "Company") held its Annual General Meeting of Stockholders (the "Annual General Meeting"). The matters voted on at the Annual General Meeting were: (i) the election of five directors to hold office until the next annual meeting of stockholders or until their successors are duly elected and qualified; (ii) the ratification of WWC, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2024; (iii) the adoption of the proposal to authorize the Board of Directors of the Company (the "Board"), in its discretion, a reverse stock split of all of the Company's issued and outstanding common stock, par value $0.0001 per share (with no change to the authorized capital stock of the Company), at a specific ratio, ranging from one-for-three (1:3) to one-for-twenty (1:20), with the timing and ratio to be determined by the Board if effected (the "Reverse Split Proposal"); (iv) the adoption of the proposal to approve for purposes of complying with Section 713(a) of the NYSE Company Guide, the issuance of 40,000,000 shares of common stock in connection with the Securities Purchase Agreement dated December 6, 2024 and entered with Oneflow LLC as the lead investor and other investors, which would result in issuances of securities of over 20% of the issued and outstanding shares of common stock (the " Oneflow Stock Issuance Proposal") ; (v) the adoption of the proposal to approve for purposes of complying with Section 713(a) of the NYSE Company Guide, the issuance of 80,000,000 shares of common stock in connection with the Securities Purchase Agreement dated December 6, 2024 and entered with X29 LLC as the lead investor and other investors, which would result in issuances of securities of over 20% of the issued and outstanding shares of common stock (the " X29 Stock Issuance Proposal") ; and (vi) the adoption of the proposal to amend the

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHANN CORP. Date: January 2, 2025 By: /s/ Lin Li Name: Lin Li Title: Chief Executive Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR