Departed
Umesh Patel
Director
NCL ·
Northann Corp.
the vacancy created by the resignation of Mr. Umesh Patel
Ready 8-Ks
37
Latest filing
October 7, 2026, 5:15 PM ET
Top materiality
1.00
Event mix
other_material ×23 · regulatory ×6 · leadership ×5
Sentiment
5 pos · 8 neg · 24 neu
Executive change
recent →
Recent 8-K filings for NCL
Highest-materiality recent filing
Northann Corp. gets NYSE American delisting notice; trading suspended, moves to OTC
- 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.
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Northann appoints Chairman Bradley C. Lalonde as Co-CEO alongside François Vachon
On September 30, 2026, Northann's Board appointed Bradley C. Lalonde, current Chairman of the Board, as Co-CEO alongside existing Co-CEO François Vachon.
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Northann receives NYSE American delisting notice; requests oral hearing
NYSE Regulation notified Northann on Aug 21, 2026 of intent to delist common stock from NYSE American.
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Northann Corp discloses auditor resignation and non-reliance; letter filed but not reproduced
LAO Professionals resigned as independent auditor; company states non-reliance on previously issued financial statements (Item 4.02).
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Northann Corp. gets NYSE American delisting notice; trading suspended, moves to OTC
NYSE Regulation notified Northann on Aug 21, 2026 it is unsuitable for continued listing under Guide sections 1001, 1002(e), 1003, and 1007.
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CEO, President and Secretary resigns; François Vachon appointed new CEO
Lin Li resigned as CEO, President, Secretary and Treasurer effective Aug 13; left board Aug 18.
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Northann trading halted, auditor resigns, financials non-reliable, chairman replaced
NYSE American halted NCL trading June 25, 2026 over 10-K filed without auditor approval; halt remains.
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NYSE American accepts Northann Corp.'s compliance plan; delisting risk deferred to June 2027
NYSE American accepted Northann's plan to regain compliance with continued listing standards by June 8, 2027.
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All six proposals passed at Dec 31 annual meeting; directors elected with >23.3M votes each.
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Northann Corp issues 3.3M shares to two consultants for strategic and financing advisory
Agreements with Linkun Investment LLC (1.8M shares) and Lu Wang (1.5M shares) for strategic planning and financing services.
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NYSE American notifies Northann of non-compliance with equity standard; shares to trade with ".BC"
Stockholders' equity ~$1.8M as of Sep 30, 2025, below required $2M; losses in two of three recent fiscal years.
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Northann enters two software asset deals; issues 27.5M shares
Kingsford APA: $5M purchase for supply chain mgmt software; paid via 12.5M shares ($0.40/sh).
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Northann closes $11.4M private placement, issues 80M shares, ~84% dilution
Closed X29 Private Placement on Sept 3, 2025; issued 80M shares to five investors at $0.14284/sh.
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Northann Corp. receives NYSE American delisting notice for late 10-K filing
Received delisting notice from NYSE American on April 16, 2025 for failing to file Form 10-K for FY2024 by April 15 deadline.
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Northann closes $8.1M private placement of 40M shares; CEO voting power drops below 50%
Issued 40M shares at $0.2033/share to Oneflow LLC and four other investors, raising $8.1M gross proceeds.
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Northann subsidiary enters $24M EB-5 loan from CEO-affiliated entity at 1% interest
Loan of up to $24M from 3DFLOR OPPORTUNITY (controlled by CEO Lin Li) to subsidiary 3D PRINTING DEV.
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All six proposals approved with >99% of votes cast in favor.
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Northann Corp. raises $1.35M via private placement of 9M shares at $0.15/share
Issued 9,000,000 shares of common stock at $0.15 per share, raising $1,350,000.
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Northann Corp. to issue 120M shares in two private placements; significant dilution expected
Oneflow LLC leads purchase of 40M shares; X29 LLC leads purchase of 80M shares in separate private placements.
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Linkun Investment receives 3M shares for six-month strategic advisory including M&A planning and capital raising.
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Northann acquires Raleigh Industries for 4.5M shares; closes same day
Acquired all shares of Raleigh Industries Limited (HK) from Jianqun Xu for 4,500,000 shares of Northann common stock.
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Northann Corp. acquires Cedar Modern Limited for 4.48M shares of common stock
Issued 4,484,400 shares of common stock (approx. 15.5% of post-deal total) to acquire all shares of Cedar Modern Limited (HK).
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Northann Corp. signs 5-year lease for 106,610 sq ft in South Carolina, announces HQ relocation
Leased 106,610 sq ft at 2251 Catawba River Rd, Fort Lawn, SC; includes 4,560 sq ft office and 98,400 sq ft industrial space.
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Board authorized issuance of 5M shares Series A Preferred to CEO Lin Li for $5,000.
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Northann Corp. settles $1M convertible notes for $500k; notes and warrants terminated
Settled $1M convertible notes and warrants with investors Sam Yan and Hongyu Wang for $500k cash on May 24, 2024.
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CFO David M. Kratochvil resigns; Sunny S. Prasad named interim CFO
David M. Kratochvil resigned as CFO effective April 15, 2024; separation agreement signed.
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Northann Corp. closes $6M IPO at $5/share; NYSE American listing
Priced 1,200,000 shares at $5.00 per share for gross proceeds of $6,000,000.
Executive changes
Appointed
Vincent La Scala
Director
NCL ·
Northann Corp.
On October 5, 2026, the Board of Directors (the “ Board ”) of Northann Corp. (the “ Company ”) voted to elect Mr. Vincent La Scala to serve as a director of the Company to fill the vacancy created by the resignation of Mr. Umesh Patel.
Appointed
Umesh Patel
Director
NCL ·
Northann Corp.
On May 23, 2024, the remaining members of the Board appointed Mr. Umesh Patel as a member of the Company’s Board of Directors, a member of the audit committee and the nominating committee, as well as the chair of the compensation committee of the Board.
Departed
Charles James Schaefer IV
Director
NCL ·
Northann Corp.
On May 17, 2024, Charles James Schaefer IV, a member of the Board of Directors of Northann Corp. (the “Company”), resigned as a member of the Board of Directors (the “Board”) of the Company, effective immediately.
Materiality & sentiment trend
Max materiality 1.00 · Median 0.60 · Most common event other_material