---
schema_version: "secwatch.filing_event.v1"
accession: "0001575872-24-000566"
form_type: "8-K"
ticker: "NCL"
cik: "0001923780"
company_name: "Northann Corp."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:22:29.913557+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Director Charles Schaefer resigns; Umesh Patel appointed to Northann board and committee leadership

## Summary
- Charles James Schaefer IV resigned from Board effective May 17, 2024; he served as audit, nominating, and compensation chair.
- Umesh Patel appointed to Board on May 23, 2024; will chair compensation committee and serve on audit and nominating.
- Patel is CEO/CFO of Fuse Group Holding and director of Nova Lifestyle (NASDAQ: NVFY); background in consulting for private-to-public transitions.

## SEC filing metadata
- accession: 0001575872-24-000566
- form_type: 8-K
- ticker: NCL
- cik: 0001923780
- company_name: Northann Corp.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1923780/000157587224000566/0001575872-24-000566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1923780/000157587224000566/ncl-20240517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575872-24-000566
- JSON: https://secwatch.observer/filing/0001575872-24-000566.json
- Plain text: https://secwatch.observer/filing/0001575872-24-000566.txt

## Key facts
- Executive change
  Umesh Patel was appointed as Director at Northann Corp..
  - Action: appointed
  - Role: Director
  source text: On May 23, 2024, the remaining members of the Board appointed Mr. Umesh Patel as a member of the Company’s Board of Directors, a member of the audit committee and the nominating committee, as well as the chair of the compensation committee of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1923780/000157587224000566/0001575872-24-000566-index.htm
- Executive change
  Charles James Schaefer IV resigned as Director at Northann Corp..
  - Action: resigned
  - Role: Director
  source text: On May 17, 2024, Charles James Schaefer IV, a member of the Board of Directors of Northann Corp. (the “Company”), resigned as a member of the Board of Directors (the “Board”) of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1923780/000157587224000566/0001575872-24-000566-index.htm

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