# EDGAR Filing Document

**Accession Number:** 0001923780
**File Stem:** 0001575872-25-000761
**Filing Date:** 2025-12
**Character Count:** 8794
**Document Hash:** 801d853c0cfaebc0528a8d0733d8178f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575872-25-000761.hdr.sgml**: 20251212

**ACCESSION NUMBER**: 0001575872-25-000761

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251212

**DATE AS OF CHANGE**: 20251212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northann Corp.
- **CENTRAL INDEX KEY:** 0001923780
- **STANDARD INDUSTRIAL CLASSIFICATION:** PLASTICS PRODUCTS, NEC [3089]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 881513509
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-290562
- **FILM NUMBER:** 251568070

**BUSINESS ADDRESS:**
- **STREET 1:** 2251 CATAWBA RIVER RD
- **CITY:** FORT LAWN
- **STATE:** SC
- **ZIP:** 29714
- **BUSINESS PHONE:** 916-573-3803

**MAIL ADDRESS:**
- **STREET 1:** 2251 CATAWBA RIVER RD
- **CITY:** FORT LAWN
- **STATE:** SC
- **ZIP:** 29714

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| | |
|:---|:---|
| **Prospectus Supplement No. 5** | **Filed pursuant to Rule 424(b)(3)** |
| **(To Prospectus dated November 13, 2025)** | **Registration Statement No. 333-290562** |

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**Northann Corp.**

![](ncl113_424b3img03.jpg)

This prospectus supplement updates, amends and supplements the prospectus dated November 13, 2025 (the "Prospectus"), which forms a part of our Registration Statement on Form S-1 (Registration No. 333-290562). Capitalized terms used in this prospectus supplement and not otherwise defined herein have the meanings specified in the Prospectus.

This prospectus supplement is being filed to update, amend, and supplement the information included in the Prospectus with the information contained in our Current Report on Form 8-K, filed with the SEC on December 11, 2025, which is set forth below.

This prospectus supplement is not complete without the Prospectus. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement, and is qualified by reference thereto, except to the extent that the information in this prospectus supplement updates or supersedes the information contained in the Prospectus. Please keep this prospectus supplement with your Prospectus for future reference.

Our common stock is traded on NYSE American under the symbol "NCL." On December 11, 2025, the last reported sale price of our common stock was $0.35 per share.

**Investing in shares of our Ordinary Shares involves risks that are described in the "Risk Factors" section beginning on page 16 of the Prospectus.**

Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities to be issued under the Prospectus or determined if the Prospectus or this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.

**The date of this prospectus supplement is December 12, 2025.**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): December 8, 2025**

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| |
|:---|
| **NORTHANN CORP.** |
| *(Exact name of registrant as specified in its charter)* |

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| | | |
|:---|:---|:---|
| **Nevada** | **000-41816** | **88-1513509** |
| *(State or Other Jurisdiction*<br> *of Incorporation)* | *(Commission*<br> *File Number)* | *(I.R.S. Employer*<br> *Identification No.)* |

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**<u>2251 Catawba River Rd</u>**

**<u>Fort Lawn, SC 29714</u>**

*(Address of Principal Executive Office) (Zip Code)*

**<u>(916) 573 3803</u>**

*(Registrant's telephone number, including area code)*

**<u>N/A</u>**

*(Former name or former address, if changed since last report)*

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| Title of each class | Name of each exchange on which<br> registered |
| Common Stock, $0.001 par value NCL | NYSE American LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ⌧

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.**

On December 8, 2025, Northann Corp. (the "Company") received a letter (the "Letter") from the staff of NYSE American LLC (the "Exchange") stating that the Company was not in compliance with the Exchange's continued listing standards under Section 1003(a)(i) of the NYSE American Company Guide (the "Company Guide"), as it had stockholders' equity of approximately $1.8 million as of September 30, 2025, and losses from continuing operations and/or net losses in two of its three most recent fiscal years ended December 31, 2024. Section 1003(a)(i) of the Company Guide requires a listed company to have stockholders' equity of $2.0 million or more if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. The Company is now subject to the procedures and requirements of Section 1009 of the Company Guide. The Company has until January 7, 2026, to submit a plan (the "Plan") of actions it has taken or will take to regain compliance with the continued listing standards by June 8, 2027.

Additionally, the Exchange has informed the Company that its records indicate that the Company has a current outstanding fee balance of $60,000.00 as of December 8, 2025, and that it would not review a business plan unless the Company has paid in full any listing or annual fees to the Exchange that are outstanding as of December 8, 2025.

The Company intends to pay all outstanding fees to the Exchange in full, and timely deliver a Plan to the Exchange. If the Exchange accepts the Plan, the Company will be able to continue its listing during the Plan period and will be subject to periodic reviews including quarterly monitoring for compliance with the Plan until it has regained compliance. If the Plan is not accepted by the Exchange, the Letter stated that delisting proceedings will commence. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide.

The Letter has no immediate effect on the listing or trading of the Company's common stock on the Exchange. The common stock will continue to trade under the symbol "NCL", but will have an added designation of ".BC" to indicate the status of the common stock as "below compliance". The Company's receipt of the Letter from the Exchange does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission.

**Item 8.01 Other Events.**

On December 11, 2025, the Company issued a press release relating to the matters described in Item 3.01 of this Current Report on Form 8-K, a copy of which is attached hereto as Exhibit 99.1.

**Item 9.01 Financial Statement and Exhibits.**

(d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [99.1](https://www.sec.gov/Archives/edgar/data/1923780/000157587225000755/ncl112_ex99-1.htm) | [Press Release dated December 11, 2025.](https://www.sec.gov/Archives/edgar/data/1923780/000157587225000755/ncl112_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **NORTHANN CORP.** | **NORTHANN CORP.** |
| Date: December 11, 2025 | By: | */s/ Lin Li* |
|  | Name: | Lin Li |
|  | Title: | Chief Executive Officer |

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