{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-24-000606","form_type":"8-K","ticker":"NCL","cik":"0001923780","company_name":"Northann Corp.","filed_at":"2024-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.224422+00:00","generated_at":"2026-06-01T07:16:09.628504+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Northann Corp. settles $1M convertible notes for $500k; notes and warrants terminated","bullets":["Settled $1M convertible notes and warrants with investors Sam Yan and Hongyu Wang for $500k cash on May 24, 2024.","Company previously paid $1.2M in 2023, bringing total settlement consideration to $1.7M.","Security interests and UCC financing statements released as part of settlement.","Convertible notes and warrants are fully terminated and null and void."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-24-000606","json":"https://secwatch.observer/filing/0001575872-24-000606.json","markdown":"https://secwatch.observer/filing/0001575872-24-000606.md","text":"https://secwatch.observer/filing/0001575872-24-000606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923780/000157587224000606/0001575872-24-000606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923780/000157587224000606/ncl-20240524.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:16:09.628504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}