Company: NCL
Filing Date: 2025-01-29
Form Type: S-1/A
Source: 0001575872-25-000097
Chunk: 65

Company: Northann Corp.
Filing Date: 2025-01-29
Form: S-1/A
Chunk 65
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of 4,484,400 shares of the Company’s common stock to Chuntao Li. The transaction was closed on October 14, 2024.

Acquisition of Raleigh Industries Limited

On November 13, 2024, the Company entered into
a share purchase agreement (the “Raleigh SPA”) with Jianqun Xu, pursuant to which Jianqun Xu has agreed to transfer to the
Company all of the outstanding shares of Raleigh Industries Limited, a company incorporated under the laws of Hong Kong, in exchange for
the issuance of 4,500,000 shares of the Company’s common stock to Jianqun Xu. The transaction was closed on November 13, 2024.

Financing and Strategic Planning Advisory Agreement with Linkun Investment LLC

On December 4, 2024, the Company entered into
a Financing and Strategic Planning Advisory Agreement with Linkun Investment LLC (“Linkun Investment,” and such agreement,
the “Linkun Investment Consulting Agreement”). Pursuant to the Linkun Investment Consulting Agreement, Linkun Investment has
agreed to provide certain strategic planning advisory services in connection with the Company’s business development during the
term of the agreement, which is for six months from the date of execution of the Linkun Investment Consulting Agreement, unless otherwise
earlier terminated by mutual agreement of the parties.

In consideration for agreeing to provide such
supply chain related consulting services under the Linkun Investment Consulting Agreement, the Company issued 3,000,000shares of common stock to an entity designated by Linkun Investment on December 9, 2024.

Business Development Agreement with CAKL Holdings Sdn Bhd

On December 4, 2024, the Company entered into
a Business Development Agreement with CAKL Holdings Sdn Bhd (“CAKL”, and such agreement, the “CAKL Consulting Agreement”).
Pursuant to the CAKL Consulting Agreement, CAKL has agreed to provide supply chain related consulting services in connection with the
Company’s business development, sales strategies, promotion and marketing planning, during the term of the agreement, which is for
one year from the date of execution of the CAKL Consulting Agreement.

In consideration for agreeing to provide such
supply chain related consulting services under the CAKL Consulting Agreement, the Company issued 4,500,000 shares of common stock to an
entity designated by CAKL on December 9, 2024.

Technical Service Agreement with San River International Sdn Bhd

On December 4, 2024,