Company: NCL
Filing Date: 2025-09-26
Form Type: S-1
Source: 0001575872-25-000602
Chunk: 86

Company: Northann Corp.
Filing Date: 2025-09-26
Form: S-1
Chunk 86
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 affect the marketability
of the shares of common stock and the ability of any person or entity to engage in market-making activities with respect to the shares
of common stock.

We will pay all expenses of the registration
of the shares of common stock pursuant to the registration rights agreement, estimated to be $212,066.16 in total, including, without
limitation, SEC filing fees and expenses of compliance with state securities or “blue sky” laws; provided, however, the Selling
Stockholders will pay all underwriting discounts and selling commissions, if any. We will indemnify the Selling Stockholders against
liabilities, including some liabilities under the Securities Act in accordance with the registration rights agreements or the Selling
Stockholders will be entitled to contribution. We may be indemnified by the Selling Stockholders against civil liabilities, including
liabilities under the Securities Act that may arise from any written information furnished to us by the Selling Stockholders specifically
for use in this prospectus, in accordance with the related registration rights agreements or we may be entitled to contribution.

Once sold under the registration statement, of
which this prospectus forms a part, the shares of common stock will be freely tradable in the hands of persons other than our affiliates.

We agreed to keep this prospectus effective until the earlier of (i)
the date on which the securities may be resold by the Selling Stockholders without registration and without regard to any volume or manner-of-sale
limitations by reason of Rule 144, without the requirement for the Company to be in compliance with the current public information under
Rule 144 under the Securities Act or any other rule of similar effect or (ii) all of the securities have been sold pursuant to this prospectus
or Rule 144 under the Securities Act or any other rule of similar effect. The resale securities will be sold only through registered or
licensed brokers or dealers if required under applicable state securities laws. In addition, in certain states, the resale securities
covered hereby may not be sold unless they have been registered or qualified for sale in the applicable state or an exemption from the
registration or qualification requirement is available and is complied with.

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<div align='center'>LEGAL MATTERS</div>

The validity of the issuance of the shares of
our common stock offered hereby has been passed upon for us by Fennemore Craig, P.C. Certain legal matters as to PRC law have been passed
upon for us by Grandall Law Firm.

<div align='center'>EXPERT