---
schema_version: "secwatch.filing_event.v1"
accession: "0001575872-25-000002"
form_type: "8-K"
ticker: "NCL"
cik: "0001923780"
company_name: "Northann Corp."
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T19:03:18.846280+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northann stockholders approve reverse split, 120M share issuances, and director slate at annual meeting

## Summary
- All six proposals approved with >99% of votes cast in favor.
- Authorization for reverse stock split at ratio from 1:3 to 1:20 at Board's discretion.
- Approved issuance of 40M shares to Oneflow LLC and 80M shares to X29 LLC under Dec 6 purchase agreements.
- Amendment to 2023 Equity Incentive Plan adding 8M shares authorized.
- Directors Lin Li, Kurtis W. Winn, Bradley C. Lalonde, Umesh Patel, Jing Zhang elected; WWC, P.C. ratified as auditor.

## SEC filing metadata
- accession: 0001575872-25-000002
- form_type: 8-K
- ticker: NCL
- cik: 0001923780
- company_name: Northann Corp.
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1923780/000157587225000002/0001575872-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1923780/000157587225000002/ncl-20241231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575872-25-000002
- JSON: https://secwatch.observer/filing/0001575872-25-000002.json
- Plain text: https://secwatch.observer/filing/0001575872-25-000002.txt

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