Company: NCL
Filing Date: 2025-11-14
Form Type: 424B3
Source: 0001575872-25-000688
Chunk: 80

Company: Northann Corp.
Filing Date: 2025-11-14
Form: 424B3
Chunk 80
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 Plan will become fully vested
and performance compensation awards will vest, as determined by the Committee, based on the level of attainment of the specified performance
goals.

| 41 |

<div align='center'>SELLING STOCKHOLDERS</div>

Unless the context otherwise requires, as used
in this prospectus, “Selling Stockholders” includes the Selling Stockholders listed below and donees, pledgees, transferees
or other successors-in-interest selling shares received after the date of this prospectus from the Selling Stockholder as a gift, pledge
or other non-sale related transfer.

The shares of common stock being offered by the
Selling Stockholders are those issued to the Selling Stockholders. We are registering the shares of common stock in order to permit the
Selling Stockholders to offer the shares for resale from time to time. The Selling Stockholders have not had any material relationship
with us within the past three years.

The table below lists the Selling Stockholders
and other information regarding the beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as
amended, and the rules and regulations thereunder) of the shares of common stock held by the Selling Stockholders. The second column lists
the number of shares of common stock beneficially owned by the Selling Stockholders, based on its beneficial ownership of shares of common
stock. The third column lists the shares of common stock being offered by this prospectus by the Selling Stockholders. This prospectus
generally covers the resale of the sum of the number of shares of common stock issued. The fourth column assumes the sale of all of the
shares of common stock offered by the Selling Stockholders pursuant to this prospectus.

The Selling Stockholders may sell all, some or
none of their shares of common stock in this offering. See “Plan of Distribution.”

|                                |     | Beneficial Ownership 
 Before Offering      |           |     |         |     |   |     | Number of   
 Shares of   
 Common      |           |     | Beneficial Ownership 
 After Offering(1)    |   |     |         |   |
| Name                           |     | Number of            
 Shares of            
 Common               
 Stock                |           |     | Percent |     |   |     | Stock       
 offered by  
 Selling     
 Shareholder |           |     | Number of            
 Shares of            
 Common               
 Stock(2)             |   |     | Percent |   |
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