Company: NCL
Filing Date: 2025-12-04
Form Type: 424B3
Source: 0001575872-25-000746
Chunk: 59

Company: Northann Corp.
Filing Date: 2025-12-04
Form: 424B3
Chunk 59
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 underlying derivative securities, if any, that are currently exercisable or exercisable within 60
days after December 3, 2025 are deemed to be outstanding in calculating the percentage ownership of the applicable person or group but
are not deemed to be outstanding as to any other person or group. Percentage of beneficial ownership is based on 22,743,104 shares of
common stock and 625,000 shares of Series A Preferred Stock outstanding as of the date of the table.

Unless otherwise indicated,
the address of each beneficial owner listed in the table below is c/o Northann Corp., 2251 Catawba River Rd, Fort Lawn, SC 29714.

| 33 |

|                                                            |     | Common             
 Stock Beneficially 
 Owned              |           |     |   |      |   |     | Series                         
 A Preferred Stock Beneficially 
 Owned                          |         |     |   |     |   |     | Percentage 
 of Voting  
 Power      |       |   |
|                                                            |     | Number             |           |     | % |      |   |     | Number                         |         |     | % |     |   |     |            |       |   |
| Directors and Executive Officers:                          |     |                    |           |     |   |      |   |     |                                |         |     |   |     |   |     |            |       |   |
| Lin Li (Chairman, President, CEO, Treasurer and Secretary) |     |                    | 1,803,750 |     |   | 7.93 | % |     |                                | 625,000 |     |   | 100 | % |     |            | 27.78 | % |
| Sunny S. Prasad (Interim CFO)                              |     |                    |         0 |     |   |    - |   |     |                                |       0 |     |   |   - |   |     |            |     - |   |
| Kurtis W. Winn (Chief Operating Officer and Director)      |     |                    |         0 |     |   |    - |   |     |                                |       0 |     |   |   - |   |     |            |     - |   |
| Bradley C. Lalonde (Independent Director)                  |     |                    |    31,527 |     |   |    * |   |     |                                |       0 |     |