{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-24-001083","form_type":"8-K","ticker":"NCL","cik":"0001923780","company_name":"Northann Corp.","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.358038+00:00","generated_at":"2026-05-30T14:49:09.592533+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Northann Corp. acquires Cedar Modern Limited for 4.48M shares of common stock","bullets":["Issued 4,484,400 shares of common stock (approx. 15.5% of post-deal total) to acquire all shares of Cedar Modern Limited (HK).","Agreement dated Oct 11, 2024; closed Oct 14, 2024; total shares outstanding post-issuance: 28,977,490.","12-month lock-up on consideration shares for seller Chuntao Li.","Contingent registration rights: if revenue sourced by seller & key employees >= $20M in first 3 months post-closing, company must register resale shares.","Shares issued in private placement exempt under Section 4(a)(2) and Rule 506 of Regulation D."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-24-001083","json":"https://secwatch.observer/filing/0001575872-24-001083.json","markdown":"https://secwatch.observer/filing/0001575872-24-001083.md","text":"https://secwatch.observer/filing/0001575872-24-001083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923780/000157587224001083/0001575872-24-001083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923780/000157587224001083/ncl-20241011.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:49:09.592533+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"}