Company: NCL
Filing Date: 2025-11-14
Form Type: 424B3
Source: 0001575872-25-000688
Chunk: 59

Company: Northann Corp.
Filing Date: 2025-11-14
Form: 424B3
Chunk 59
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 the effect of deterring unsolicited takeovers or delaying or preventing a change in
control of our company or changes in our management, including transactions in which our stockholders might otherwise receive a premium
for their shares over then current market prices. In addition, these provisions may limit the ability of stockholders to approve transactions
that they may deem to be in their best interests. These provisions include:

| · | the inability of stockholders holding less than a majority of the voting shares outstanding to call special meetings; |

| · | the “business combinations” and “control share acquisitions” provisions of Nevada law, to the extent applicable, could discourage attempts to acquire our stockholders stock even on terms above the prevailing market price; and |

| · | the ability of our board of directors to designate the terms of and issue new series of preferred stock without stockholder approval, which could include the right to approve an acquisition or other change in our control or could be used to institute a rights plan, also known as a poison pill, that would dilute the stock ownership of a potential hostile acquirer, likely preventing acquisitions that have not been approved by our board of directors. |

The existence of the forgoing
provisions and anti-takeover measures could limit the price that investors might be willing to pay in the future for shares of our common
stock. They could also deter potential acquirers of our company, thereby reducing the likelihood that you could receive a premium for
your common stock in an acquisition.

In addition, our Articles of Incorporation and
Bylaws may discourage, delay, or prevent a change in our management or control over us that stockholders may consider favorable. Our Articles
of Incorporation and our Bylaws (i) provide that vacancies on our Board, including newly created directorships, may be filled by a majority
vote of directors then in office, and (ii) provide that the Board shall have the sole power to amend, modify or repeal the Bylaws.

We indemnify our officers and directors against liability to us and our security holders, and such indemnification could increase our operating costs.

Our bylaws require us to indemnify our officers
and directors against claims associated with carrying out the duties of their offices. We are also required to advance the costs of certain
legal defenses upon the indemnitee undertaking to repay such expenses to the extent it is determined that such person was not entitled
to indemnification of such expenses. Insofar as indemnification for liabilities arising under the Securities Act may be permitted