Northann Corp. approves 1-for-8 reverse stock split effective Oct 7, 2025

Northann Corp.

Board approved 1-for-8 reverse split of common and preferred stock to increase share price.
Split authorized by sole preferred stockholder Lin Li, also CEO and chairman.
Effective date October 7, 2025; every 8 shares become 1 share.
No change in authorized shares or proportional ownership; fractional shares rounded up.
Action taken to maintain listing on NYSE American.

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