Northann Corp. Receives Non-Compliance Notice from NYSE American
Northann Corp. (NCL)
Company Research
Source: GlobeNewswire
Fort Lawn, SC, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Northann Corp. (NYSE American: NCL) (the "Company" or "Northann"), today announced it received a notice from the staff of NYSE American LLC (the "Exchange") that the Company was not in compliance with the Exchange's continued listing standards under Section 1003(a)(i) of the NYSE American Company Guide. Section 1003(a)(i) requires a listed company to have stockholders' equity of $2 million or more if the listed company has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. In order to regain compliance with Section 1003(a)(i), the Company is now subject to the procedures and requirements of Section 1009 of the NYSE American Company Guide and has until January 7, 2026, to submit a plan (the "Plan") of actions it has taken or will take to regain compliance with the continued listing standards by June 8, 2027. The Company intends to pay all of its outstanding fees to the Exchange,
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NCL
Sec Filings
- 12/18/25 - Form 4
- 12/12/25 - Form 424B3
- 12/11/25 - Form 8-K
- NCL's page on the SEC website