Company: NCL
Filing Date: 2025-09-26
Form Type: S-1
Source: 0001575872-25-000602
Chunk: 83

Company: Northann Corp.
Filing Date: 2025-09-26
Form: S-1
Chunk 83
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11) | Qianyun Zhu received the shares pursuant to the X29 SPA. The address of Qianyun Zhu is No. 28, Gongxiao Group, Laian Residential Committee, Laian Street, Siyang County, Jiangsu Province, China. |

| (12) | Thilta Impact Funding LLC received the shares pursuant to the X29 SPA. The address of Thilta Impact Funding LLC is ROOM 401, 4/F., WANCHAI CENTRAL BUILDING, 89 LOCKHART ROAD, WAN CHAI, HONG KONG. |

| 40 |

<div align='center'>PLAN OF DISTRIBUTION</div>

We will not receive any of the proceeds from the
sale by the Selling Stockholders of the shares of common stock. We will bear all fees and expenses incident to our obligation to register
the shares of common stock.

The Selling Stockholders of the securities and any of their pledgees,
assignees and successors-in-interest may, from time to time, may sell all or a portion of the shares of common stock held by them and
offered hereby from time to time directly or through one or more underwriters, broker-dealers or agents. If the shares of common stock
are sold through underwriters or broker-dealers, the Selling Stockholders will be responsible for underwriting discounts or commissions
or agent’s commissions. The shares of common stock may be sold in one or more transactions at fixed prices, at prevailing market
prices at the time of the sale, at varying prices determined at the time of sale or at negotiated prices. These sales may be effected
in transactions, which may involve crosses or block transactions, pursuant to one or more of the following methods:

| · | on any national securities exchange or quotation service on which 
 the securities may be listed or quoted at the time of sale;       |

| · | in the over-the-counter market; |

| · | in transactions otherwise than on these exchanges or systems or in the over-the-counter market; |

| · | through the writing or settlement of options, whether such options are listed on an options exchange or 
 otherwise;                                                                                              |

| · | ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| · | block trades in which the broker-dealer will attempt to sell the shares as agent but may position and 
 resell a portion of the block as principal to facilitate the transaction;                             |

| · | purchases by a broker-dealer as principal and resale by