Northann Corp. Files IPO Amendment
Ticker: NCL · Form: S-1/A · Filed: Jan 14, 2025 · CIK: 1923780
Sentiment: neutral
Topics: ipo, sec-filing, registration
TL;DR
Northann Corp. filed an S-1/A for its IPO. Details on shares and price TBD.
AI Summary
Northann Corp. filed an S-1/A amendment on January 14, 2025, for its initial public offering. The company, incorporated in Nevada with principal executive offices in Fort Lawn, SC, is registering an unspecified number of securities under the Securities Act of 1933. The filing indicates a proposed sale commencement date, but the exact amount to be raised is not detailed in this excerpt.
Why It Matters
This S-1/A filing is a step in Northann Corp.'s process to become a publicly traded company, which could impact its access to capital and future growth opportunities.
Risk Assessment
Risk Level: medium — As an S-1/A filing, it represents a company going public, which inherently carries risks related to market reception and operational execution.
Key Numbers
- 333-284033 — SEC File Number (Identifies the specific SEC registration)
Key Players & Entities
- Northann Corp. (company) — Registrant
- January 14, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of Incorporation
- Fort Lawn, SC (location) — Principal Executive Offices
- 333-284033 (registration_number) — SEC File Number
- Loeb & Loeb LLP (company) — Legal Counsel
FAQ
What is the total number of shares Northann Corp. intends to offer in this IPO?
The provided excerpt does not specify the total number of shares Northann Corp. intends to offer.
What is the proposed price range for the shares in the IPO?
The proposed price range for the shares is not detailed in this excerpt of the S-1/A filing.
When is the anticipated commencement date for the proposed sale of securities?
The filing mentions an approximate date of commencement of the proposed sale, but the specific date is not fully provided in this excerpt.
What is the primary business of Northann Corp.?
Northann Corp. is classified under 'PLASTICS PRODUCTS, NEC' with SIC code 3089, suggesting its primary business involves plastic products.
Who are the legal counsels for Northann Corp. in this filing?
Loeb & Loeb LLP, with offices in Hong Kong SAR and New York, NY, are listed as counsel for Northann Corp.
Filing Stats: 4,517 words · 18 min read · ~15 pages · Grade level 16.7 · Accepted 2025-01-14 17:00:55
Key Financial Figures
- $0 — Stock Exchange on January 13, 2025, was $0. 2781 per share. Unless otherwise indi
- $866,238 — o;) transferred cash in the amount of US$866,238 to Changzhou Marco Merit International
- $2,849,916 — NCP transferred cash in the amount of US$2,849,916 to Crazy Industry (Changzhou) Industry
- $2,682,423 — try transferred cash in the amount of US$2,682,423 to NCP. For the fiscal year ended Dece
- $210,089 — NCP transferred cash in the amount of US$210,089 to Marco, (ii) NCP transferred cash in
- $3,552,318 — NCP transferred cash in the amount of US$3,552,318 to Crazy Industry, (iii) Crazy Industry
- $3,696,330 — try transferred cash in the amount of US$3,696,330 to NCP, (iv) the Company transferred ca
- $55,655 — NCP transferred cash in the amount of US$55,655 to Marco, (ii) Crazy Industry transferr
- $749,922 — try transferred cash in the amount of US$749,922 to NCP, (iii) Changzhou Ringold Interna
- $756,343 — td. transferred cash in the amount of US$756,343 to Crazy Industry, (iv) the Company tra
Filing Documents
- or064_s1a.htm (S-1/A) — 464KB
- or064_ex5-2.htm (EX-5.2) — 40KB
- or064_ex21-1.htm (EX-21.1) — 5KB
- or064_ex23-1.htm (EX-23.1) — 5KB
- or064_img01.jpg (GRAPHIC) — 16KB
- or064_img02.jpg (GRAPHIC) — 163KB
- or064_ex5-2img01.jpg (GRAPHIC) — 7KB
- or064_ex5-2img02.jpg (GRAPHIC) — 163KB
- or064_ex23-1img01.jpg (GRAPHIC) — 13KB
- or064_ex23-1img02.jpg (GRAPHIC) — 3KB
- or064_ex23-1img03.jpg (GRAPHIC) — 7KB
- 0001575872-25-000059.txt ( ) — 981KB
Risk Factors
Risk Factors 14 Cautionary Note Regarding Forward-Looking Statements 28 Enforceability of Civil Liabilities 29 Acquisitions and Private Placements 30
Use of Proceeds
Use of Proceeds 31 Corporate History and Structure 32
Description of Capital Stock
Description of Capital Stock 33 Selling Stockholders 35 Plan of Distribution 36 Legal Matters 38 Experts 38 Where You Can Find Additional Information 38 Information Incorporated By Reference 39 This prospectus is part of a registration statement that we have filed with the Securities and Exchange Commission (the “SEC”) pursuant to which the selling stockholders named herein may, from time to time, offer and sell or otherwise dispose of the Registered Shares covered by this prospectus. You should not assume that the information contained in this prospectus is accurate on any date subsequent to the date set forth on the front cover of this prospectus or that any information we have incorporated by reference is correct on any date subsequent to the date of the document incorporated by reference, even though this prospectus is delivered, or the Registered Shares are sold or otherwise disposed of on a later date. It is important for you to read and consider all information contained in this prospectus, including the documents incorporated by reference therein, in making your investment decision. You should also read and consider the information in the documents to which we have referred you under the caption “Where You Can Find Additional Information” in this prospectus. We have not authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you. We take no responsibility for and can provide no assurance as to the reliability of, any other information that others may give to you. The information contained in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or any sale of our Registered Shares. You should rely only on the information contained in this prospectus. No dealer, salesperson or other pers