{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-26-000010","form_type":"8-K","ticker":"NCL","cik":"0001923780","company_name":"Northann Corp.","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.777141+00:00","generated_at":"2026-05-16T11:51:09.698546+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Northann shareholders approve reverse split (1:3-1:20) and 27.5M share issuances to Kingsford and Asia Resource","bullets":["All six proposals passed at Dec 31 annual meeting; directors elected with >23.3M votes each.","Reverse split authorized at ratio from 1:3 to 1:20, timing and exact ratio left to Board.","Equity plan amended to add 2,000,000 shares; approved 24.1M for, 0.3M against.","Kingsford stock issuance of 12.5M shares (asset purchase) approved with 23.3M for, 0.15M against.","Asia Resource stock issuance of 15.0M shares (development agreement) approved with similar vote."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-26-000010","json":"https://secwatch.observer/filing/0001575872-26-000010.json","markdown":"https://secwatch.observer/filing/0001575872-26-000010.md","text":"https://secwatch.observer/filing/0001575872-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923780/000157587226000010/0001575872-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923780/000157587226000010/ncl-20251231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:51:09.698546+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"}