---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-004803"
form_type: "8-K"
ticker: "NTIC"
cik: "0000875582"
company_name: "NORTHERN TECHNOLOGIES INTERNATIONAL CORP"
filed_at: "2021-07-08T23:59:59+00:00"
generated_at: "2026-06-30T06:45:59.653336+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NTIC subsidiary to acquire Shanghai industrial building for ~$5.1M for new headquarters

## Summary
- Purchase price ~RMB 32.6M (~$5.1M) plus ~RMB 10M (~$1.6M) in renovation and transaction costs.
- Property is ~1,950 sq meter industrial building in Qingpu District, Shanghai; will serve as NTIC China HQ.
- Payment: 50% at signing, remaining 50% due by July 15, 2021; funded with cash on hand.
- Title and land-use-right transfer targeted before Jan 1, 2022; seller to vacate by Jan 31, 2022.
- Contract governed by PRC law; disputes via Shanghai Arbitration Commission or Qingpu court.

## SEC filing metadata
- accession: 0001171843-21-004803
- form_type: 8-K
- ticker: NTIC
- cik: 0000875582
- company_name: NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- filed_at: 2021-07-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875582/000117184321004803/0001171843-21-004803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875582/000117184321004803/f8k_070721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-004803
- JSON: https://secwatch.observer/filing/0001171843-21-004803.json
- Plain text: https://secwatch.observer/filing/0001171843-21-004803.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.