Northann Corp. gets NYSE American delisting notice; trading suspended, moves to OTC

Northann Corp.

NYSE Regulation notified Northann on Aug 21, 2026 it is unsuitable for continued listing under Guide sections 1001, 1002(e), 1003, and 1007.
Trading of common stock suspended immediately; stock expects to begin OTC Markets quotation under symbol NCLX as soon as Aug 24, 2026.
Company evaluating appeal to the Listings Qualifications Panel; delisting could reduce liquidity, market price, and ability to raise financing.
Prior trading halt had been in effect since June 25, 2026 per earlier 8-K disclosure.

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