other material
confidence high
sentiment neutral
materiality 0.50
Northann Corp. over-allotment option exercised in full for 180,000 shares at $5.00
Northann Corp.
- Underwriters exercised option to purchase 180,000 additional shares on October 25, 2023.
- Net proceeds of $825,750 received after underwriting discounts and expenses.
- Over-allotment closed on October 26, 2023 at $5.00 per share.
- Total IPO shares now 1,380,000 shares (including overallotment).