---
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"
generated_at: "2026-05-30T14:49:09.592533+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Northann Corp. acquires Cedar Modern Limited for 4.48M shares of common stock

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575872-24-001083
- JSON: https://secwatch.observer/filing/0001575872-24-001083.json
- Plain text: https://secwatch.observer/filing/0001575872-24-001083.txt

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