secwatch.observer — SEC 8-K summary
======================================

Issuer:     Northann Corp. (NCL)
CIK:        0001923780
Form:       8-K
Filed at:   2025-09-25T23:59:59+00:00
Accession:  0001575872-25-000594
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1923780/000157587225000594/0001575872-25-000594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1923780/000157587225000594/ncl-20250917.htm
  HTML page:      https://secwatch.observer/filing/0001575872-25-000594

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer