NORTHERN TECHNOLOGIES INTERNATIONAL CORP — fact timeline
Source-grounded facts extracted from NORTHERN TECHNOLOGIES INTERNATIONAL CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported second fiscal quarter ended February 28, 2026 results: revenue $21,997,000, net income $35,000, EPS $(0.00).
“Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the second quarter of fiscal 2026. Second quarter fiscal 2026 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales increased 15.3% to a record second quarter of $21,997,000 ZERUST® industrial net sales increased 11.2% to $13,967,000 ZERUST® oil and gas net sales increased 72.1% to a second quarter record of $2,666,000 Natur-Tec® product net sales increased 8.1% to $5,363,000 NTIC China net sales increased 18.5% to $4,425,000 Gross profit, as a percentage of net sales, increased 10 basis points to 35.7% Joint venture operating income increased 19.8% to $2,027,000 Operating income improved to $383,000, compared to an operating loss of $(333,000) in the prior-year quarter Net loss at”
Material Agreements
NORTHERN TECHNOLOGIES INTERNATIONAL CORP amended Note Modification Agreement with JPMorgan Chase Bank, N.A. (effective 2025-12-18).
“On December 18, 2025, Northern Technologies International Corporation (“NTIC”) and JPMorgan Chase Bank, N.A. (“JPM”) entered into a Note Modification Agreement pursuant to which NTIC and JPM modified that certain Line of Credit Note dated as of July 8, 2025 in the principal amount of $10.0 million issued by NTIC to JPM to change the maturity date from January 5, 2026 to February 5, 2027.”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported financial results for second quarter of fiscal 2024.
“On April 11, 2024, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fiscal quarter ended February 29, 2024.”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Approval of Northern Technologies International Corporation 2024 Stock Incentive Plan at the 2024-01-19 meeting.
“Proposal Four - The Northern Technologies International Corporation 2024 Stock Incentive Plan was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,476,455 737,650 237,886 1,014,128”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Ratification of Baker Tilly US, LLP as independent registered public accounting firm at the 2024-01-19 meeting.
“Proposal Three - The ratification of the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024 was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 6,432,916 25,632 7,571 0”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Advisory vote on executive compensation at the 2024-01-19 meeting.
“Proposal Two - The compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement, was approved, on an advisory basis, by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,682,193 762,799 6,999 1,014,128”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Election of eight director nominees at the 2024-01-19 meeting.
“Proposal One - The eight director nominees proposed by the Board were elected to serve as members of the Board until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified by the following final voting results: Votes For Votes Withheld Broker Non-Votes Nancy E. Calderon 5,249,023 202,968 1,014,128 Sarah E. Kemp 5,365,008 86,983 1,014,128 Sunggyu Lee, Ph.D. 5,395,736 56,255 1,014,128 G. Patrick Lynch 5,437,953 14,038 1,014,128 Ramani Narayan, Ph.D. 5,438,383 13,608 1,014,128 Richard J. Nigon 5,290,366 161,625 1,014,128 Cristina Pinho 5,408,956 43,035 1,014,128 Konstantin von Falkenhausen 5,320,318 131,673 1,014,128”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported first quarter of fiscal 2024 results: revenue $20,182,000, net income $896,000, EPS $0.09 per diluted share.
“2024 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales increased 1.1% to a first quarter record of $20,182,000 ZERUST ® industrial net sales increased 1.1% to a first quarter record of $13,903,000 ZERUST ® oil and gas net sales decreased 7.4% to $1,502,000 Natur-Tec ® product net sales”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported financial results for fourth fiscal quarter and fiscal year ended August 31, 2023.
“On November 21, 2023, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fourth fiscal quarter and fiscal year ended August 31, 2023.”
Auditor Changes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported that prior financial statements should not be relied upon.
“On November 17, 2023, the management and Audit Committee of the Board of Directors of Northern Technologies International Corporation (the "Company" or "NTIC") determined that the Company’s consolidated financial statements for the three and six months ended February 28, 2023 and three and nine months ended May 31, 2023 require restatement to correct the accounting treatment of employee retention credits”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported third quarter of fiscal 2023 results: revenue $20,970,000, net income $1,526,000, EPS $0.16 per diluted share.
“Third quarter fiscal 2023 highlights include (with growth rates compared to third quarter of fiscal 2022): Consolidated net sales increased 10.6% to a quarterly record of $20,970,000 ZERUST ® industrial net sales increased 9.0% to a quarterly record of $14,103,000 ZERUST ® oil and gas net sales increased 32.7% to a quarterly record of $1,997,000 Natur-Tec ® product net sales increased 7.8% to a quarterly record of $4,869,000 NTIC China net sales decreased 8.4% to $3,318,000 Joint venture operating income increased 0.5% to $2,708,000 Net income attributable to NTIC increased 52.5% to $1,526,000, compared to $1,000,000 during prior year period Net income per diluted share attributable to NTIC was $0.16, compared to $0.11 during prior year period”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported financial results for the second quarter of fiscal 2023.
“On April 13, 2023, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fiscal quarter ended February 28, 2023.”
Governance Changes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP: Stockholders approved an amendment to the Restated Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law (effective 2023-01-23).
“At an Annual Meeting of Stockholders of Northern Technologies International Corporation (“NTIC”) held on January 20, 2023, NTIC’s stockholders approved an amendment to NTIC’s Restated Certificate of Incorporation (the “Charter Amendment”) to limit the liability of certain officers of NTIC as permitted by recent amendments to Delaware law.”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Amendment to Restated Certificate of Incorporation to limit officer liability at the 2023-01-20 meeting.
“Proposal No. 4 - The amendment to NTIC’s Restated Certificate of Incorporation to limit the liability of certain officers of NTIC as permitted by recent amendments to Delaware law, was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,691,459 204,037 414,384 1,005,308”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Ratification of independent registered public accounting firm at the 2023-01-20 meeting.
“Proposal No. 3 - The ratification of the selection of Baker Tilly US, LLP as NTIC’s independent registered public accounting firm for the fiscal year ending August 31, 2023 was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 5,816,642 2,687 495,859 0”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Advisory vote on executive compensation at the 2023-01-20 meeting.
“Proposal No. 2 - The compensation of NTIC’s named executive officers, as disclosed in NTIC’s proxy statement, was approved, on an advisory basis, by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,815,310 71,630 422,940 1,005,308”
Shareholder Votes
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Election of eight director nominees at the 2023-01-20 meeting.
“Proposal No. 1 - The eight director nominees proposed by the Board were elected to serve as members of the Board until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified by the following final voting results: Votes For Votes Withheld Broker Non-Votes Nancy E. Calderon 4,846,225 463,655 1,005,308 Sarah E. Kemp 4,744,664 565,216 1,005,308 Sunggyu Lee, Ph.D. 4,892,900 416,980 1,005,308 G. Patrick Lynch 4,894,368 415,512 1,005,308 Ramani Narayan, Ph.D. 4,893,300 416,580 1,005,308 Richard J. Nigon 4,846,999 462,881 1,005,308 Cristina Pinho 4,896,069 413,811 1,005,308 Konstantin von Falkenhausen 4,891,350 418,530 1,005,308”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported first fiscal quarter ended November 30, 2022 results: revenue $19,953,000, net income $502,000, EPS $0.05 per diluted share.
“First quarter fiscal 2023 financial and operating highlights include (with growth rates on a fiscal quarter year-over-year basis): Consolidated net sales increased 9.7% to a first quarter record of $19,953,000 ZERUST ® net sales increased 6.6% to $15,370,000 ZERUST ® Oil & Gas net sales increased 66.9% to $1,622,000 NTIC China net sales decreased 7.7% to $3,747,000 Natur-Tec ® product net sales increased 21.6% to $4,583,000 Joint venture operating income decreased 10.0% to $2,371,000 Net income attributable to NTIC decreased to $502,000, or $0.05 per diluted share”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported the fiscal year ended August 31, 2022 results: revenue $74,159,000, net income $6,325,000, EPS $0.66 per diluted share.
“Consolidated net sales increased 31.3% to a record $74,159,000 Consolidated net sales increased 13.6%, excluding sales as a result of the September 2021 acquisition of the remaining 50% ownership in NTIC’s Indian Joint Venture ZERUST ® net sales increased 26.1% to $57,459,000 ZERUST ® oil and gas net sales increased 21.5% to $4,608,000 NTIC China net sales decreased 9.2% to $15,754,000 Natur-Tec ® product net sales increased 52.7% to $16,700,000 Joint venture operating income decreased 21.9% to $10,494,000 Net income attributable to NTIC increased to $6,325,000, compared to $6,281,000 last year Net income per diluted share attributable to NTIC was $0.66, compared to $0.64 per share last year”
Earnings Releases
NORTHERN TECHNOLOGIES INTERNATIONAL CORP reported the fourth quarter ended August 31, 2022 results: revenue $20,252,000, net income $648,000, EPS $0.07 per diluted share.
“NTIC’s consolidated net sales increased 30.5% to $20,252,000 during the three months ended August 31, 2022, compared to $15,513,000 for the three months ended August 31, 2021.”
Soo-Keong Koh resigned as Director at NORTHERN TECHNOLOGIES INTERNATIONAL CORP.
“On August 10, 2021, Soo-Keong Koh, a member of the Board of Directors (the “Board”) of Northern Technologies International Corporation (the “Company”), resigned as a Board member, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.