Northann (NCL) 주식 개요는 북미와 유럽에서 비닐 바닥재 제품을 제공하는 온라인 스토어인 dotfloor.com을 운영하고 있습니다. 자세히 보기NCL 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석의미 있는 시가총액이 없습니다($8M)cash runway 경력이 1년 미만입니다.지난 1년 동안 주주가 크게 희석되었습니다.지난 5년간 매년 수익이 70.9% 감소했습니다.모든 위험 점검 보기NCL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$0.16해당 없음내재 할인율Est. Revenue$PastFuture-12m35m2016201920222025202620282031Revenue US$13.6mEarnings US$1.1mAdvancedSet Fair ValueView all narrativesNorthann Corp. 경쟁사Jewett-Cameron TradingSymbol: NasdaqCM:JCTCMarket cap: US$7.0mIntelligent Living Application GroupSymbol: NasdaqCM:ILAGMarket cap: US$8.2mWF InternationalSymbol: NasdaqCM:WXMMarket cap: US$5.2mAlpha Pro TechSymbol: NYSEAM:APTMarket cap: US$61.5m가격 이력 및 성과Northann 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$0.1652주 최고가US$12.1652주 최저가US$0.10베타0.821개월 변동-3.93%3개월 변동-11.02%1년 변동-97.26%3년 변동n/a5년 변동n/aIPO 이후 변동-99.57%최근 뉴스 및 업데이트공시 • May 19Northann Corp. announced delayed 10-Q filingOn 05/18/2026, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2026, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.공시 • Mar 03Northann Corp. Announces NYSE American's Acceptance of its Strategic Listing Optimization PlanNorthann Corp. announced that on February 24, 2026, it received an official notification from the NYSE American LLC (the “NYSE American”) accepting the Company’s strategic plan to regain compliance with the NYSE American’s listing standards. This acceptance letter granted the Company until June 8, 2027 (the “Plan Period”), to regain compliance with the continued listing standards. During the Plan Period, the Company plans to maintain close, collaborative communication with the NYSE American, sharing periodic updates on its strategic milestones. If the Company does not regain compliance with the NYSE American listing standards by June 8, 2027, or if the Company does not make sufficient progress consistent with the Plan during the Plan Period, then NYSE American may initiate delisting proceedings. The Company's management is actively executing a comprehensive 2026 roadmap to enhance shareholder value. This includes the recently announced strategic expansion into major North American retail channels, synergistic partnerships such as the collaboration with globally renowned manufacturers in USA, and the continuous optimization of its capital structure. These initiatives reflect the Company's steadfast commitment to following the NYSE American guidelines while scaling its business. The Company’s shares of common stock, par value $0.001 per share, will continue to be listed and traded on the NYSE American during the Plan Period, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Acceptance Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission (“SEC”).New Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.4m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (228% increase in shares outstanding). Market cap is less than US$10m (US$5.82m market cap).공시 • Dec 12Northann Corp. Receives Notice of Non-Compliance with NYSE Listing StandardsOn December 8, 2025, Northann Corp. received a letter from the staff of NYSE American LLC 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, 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 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.공시 • Dec 05Northann Corp., Annual General Meeting, Dec 31, 2025Northann Corp., Annual General Meeting, Dec 31, 2025. Location: 2251 catawba river rd, fort lawn, sc 29714., United States더 많은 업데이트 보기Recent updates공시 • May 19Northann Corp. announced delayed 10-Q filingOn 05/18/2026, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2026, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.공시 • Mar 03Northann Corp. Announces NYSE American's Acceptance of its Strategic Listing Optimization PlanNorthann Corp. announced that on February 24, 2026, it received an official notification from the NYSE American LLC (the “NYSE American”) accepting the Company’s strategic plan to regain compliance with the NYSE American’s listing standards. This acceptance letter granted the Company until June 8, 2027 (the “Plan Period”), to regain compliance with the continued listing standards. During the Plan Period, the Company plans to maintain close, collaborative communication with the NYSE American, sharing periodic updates on its strategic milestones. If the Company does not regain compliance with the NYSE American listing standards by June 8, 2027, or if the Company does not make sufficient progress consistent with the Plan during the Plan Period, then NYSE American may initiate delisting proceedings. The Company's management is actively executing a comprehensive 2026 roadmap to enhance shareholder value. This includes the recently announced strategic expansion into major North American retail channels, synergistic partnerships such as the collaboration with globally renowned manufacturers in USA, and the continuous optimization of its capital structure. These initiatives reflect the Company's steadfast commitment to following the NYSE American guidelines while scaling its business. The Company’s shares of common stock, par value $0.001 per share, will continue to be listed and traded on the NYSE American during the Plan Period, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Acceptance Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission (“SEC”).New Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.4m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (228% increase in shares outstanding). Market cap is less than US$10m (US$5.82m market cap).공시 • Dec 12Northann Corp. Receives Notice of Non-Compliance with NYSE Listing StandardsOn December 8, 2025, Northann Corp. received a letter from the staff of NYSE American LLC 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, 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 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.공시 • Dec 05Northann Corp., Annual General Meeting, Dec 31, 2025Northann Corp., Annual General Meeting, Dec 31, 2025. Location: 2251 catawba river rd, fort lawn, sc 29714., United StatesReported Earnings • Nov 17Third quarter 2025 earnings released: US$0.072 loss per share (vs US$0.16 profit in 3Q 2024)Third quarter 2025 results: US$0.072 loss per share (down from US$0.16 profit in 3Q 2024). Revenue: US$3.55m (up 39% from 3Q 2024). Net loss: US$8.80m (down US$9.30m from profit in 3Q 2024).공시 • Aug 15Northann Corp. announced delayed 10-Q filingOn 08/14/2025, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Jul 03Northann Corp. Auditor Raises 'Going Concern' DoubtNorthann Corp. filed its 10-K on Jul 01, 2025 for the period ending Dec 31, 2024. In this report its auditor, WWC, P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.공시 • May 17Northann Corp. announced delayed 10-Q filingOn 05/16/2025, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2025, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Board Change • Feb 14Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Executive Director Kurtis Winn is the most experienced director on the board, commencing their role in 2022. Independent Director Umesh Patel was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • Jan 03Northann Corp. Approves Election of Jing Zhang as DirectorNorthann Corp. announced that at its AGM held on December 31, 2024, the shareholders approved election of Jing Zhang as director of the company.공시 • Dec 18Northann Corp., Annual General Meeting, Dec 31, 2024Northann Corp., Annual General Meeting, Dec 31, 2024. Location: 2251 catawba river rd, fort lawn, sc 29714, United States공시 • Nov 15Northann Corp. announced delayed 10-Q filingOn 11/14/2024, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Oct 16Northann Corp. (NYSEAM:NCL) acquired Cedar Modern Limited from Chuntao Li $0.76 million.Northann Corp. (NYSEAM:NCL) agreed to acquire Cedar Modern Limited from Chuntao Li for $0.76 million on October 11, 2024. The consideration consists of 4.48 million common equity of Northann Corp. to be issued for common equity of Cedar Modern Limited. As part of consideration, an undisclosed value is paid towards common equity of Cedar Modern Limited. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board, consummation of due diligence investigation and execution of employment agreement. Northann Corp. (NYSEAM:NCL) completed the acquisition of Cedar Modern Limited from Chuntao Li on October 14, 2024.Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.044 loss per share (vs US$0.035 loss in 2Q 2023)Second quarter 2024 results: US$0.044 loss per share (further deteriorated from US$0.035 loss in 2Q 2023). Revenue: US$3.89m (down 14% from 2Q 2023). Net loss: US$997.5k (loss widened 43% from 2Q 2023).Board Change • Aug 15Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Executive Director Kurtis Winn is the most experienced director on the board, commencing their role in 2022. Independent Director Brad LaLonde was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • May 26Northann Corp. Announces Board and Committee ChangesOn May 17, 2024, Charles James Schaefer IV, a member of the Board of Directors of Northann Corp. (the “Company”), resigned as a member of the Board of Directors (the “Board”) of the Company, effective immediately. Mr. Schaefer, an independent director, served as a member of the audit committee and the nominating committee, chair of the compensation committee of the Board at the time of his resignation. On May 23, 2024, the remaining members of the Board appointed Mr. Umesh Patel as a member of the Company’s Board of Directors, a member of the audit committee and the nominating committee, as well as the chair of the compensation committee of the Board. Mr. Prasad has been serving as the chief executive officer and a director of Fuse Group Holding Inc., since February 2017, and the company’s chief financial officer since November 2022. He has also been a director of Nova Lifestyle Inc. since November 2016 and presently serves as the chairman of the Audit Committee and member of the Compensation Committee and Nominating and Governance Committee. Since May 2012, Mr. Patel has served as a managing partner of DviBri LLC. From 2001 to 2007, Mr. Patel was the president and CFO of Digital Learning Management Corp. Mr. Patel received his Associate degree in hotel management and catering in 1976, and his Bachelor of Commerce degree specializing in audits and accounts in 1979, both from Maharaja Sayaji Rao University in Baroda, India.공시 • May 17Northann Corp. announced delayed 10-Q filingOn 05/15/2024, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 02Northann Corp. announced delayed annual 10-K filingOn 04/01/2024, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.공시 • Jan 23Northann Corp Announces Benchwick Product and Technology Offerings for 2024 International Surface Event in Las VegasNorthann Corp. announced its product and technology exhibit lineup for the 2024 International Surface Event (TISE2024), the largest North American floor covering, stone, and tile industry trade exposition, January 24th to 26th at the Mandalay Bay Convention Center in Las Vegas. Featured in this lineup will be Northann’s latest Benchwick brand 3D-printing ecosystem offerings equipped with advanced design features integrating recycled materials and sustainable manufacturing processes. Among these offerings will be: Ocean Plastic Waste Core Blue11: This revolutionary eco-friendly substance, which utilizes recycled ocean plastic waste, not only addresses environmental concerns but also provides an expanded color palette and a wide array of new features. High Glossy Flooring and Wall Panels: Employing a low-temperature glaze processing akin to ceramic tiles, Benchwick introduces a game-changing manufacturing technique for 3D-printed flooring and wall panels that achieves a stunning high-gloss finish while offering unparalleled durability and functionality. Versatile Substrates: New waterproof laminate and veneer options, combined with HDF board integration, that introduce a world of creative possibilities for designers and manufacturers. Updated AI-Powered Envision Engine: Benchwick is proud to introduce version 0.5 of Artificial Intelligence image creation tool, the Envision Engine. This updated tool is now more powerful than ever, generating realistic and diversified wood and tiles images, thereby revolutionizing the way customers design and visualize their projects. A special team will be available at exhibit booth 2659 to demonstrate this latest version to investors and users. Visit Benchwick at Exhibit Booth 2659 at TISE 2024 to experience these cutting-edge advancements firsthand. Witness the future of 3D printing and explore the endless possibilities that Benchwick's ecosystem offers.공시 • Nov 17Northann Corp. announced delayed 10-Q filingOn 11/15/2023, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Oct 19Northann Corp. has completed an IPO in the amount of $6 million.Northann Corp. has completed an IPO in the amount of $6 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,200,000 Price\Range: $5 Discount Per Security: $0.375Board Change • Sep 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Brad LaLonde was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.주주 수익률NCLUS BuildingUS 시장7D7.8%-3.8%-0.3%1Y-97.3%5.2%26.7%전체 주주 수익률 보기수익률 대 산업: NCL은 지난 1년 동안 5.2%의 수익을 기록한 US Building 산업보다 저조한 성과를 냈습니다.수익률 대 시장: NCL은 지난 1년 동안 26.7%를 기록한 US 시장보다 저조한 성과를 냈습니다.주가 변동성Is NCL's price volatile compared to industry and market?NCL volatilityNCL Average Weekly Movement10.7%Building Industry Average Movement6.1%Market Average Movement7.2%10% most volatile stocks in US Market16.2%10% least volatile stocks in US Market3.2%안정적인 주가: NCL는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: NCL의 주간 변동성은 지난 1년간 21%에서 11%로 감소했습니다.회사 소개설립직원 수CEO웹사이트201363Ken Liwww.northann.com는 북미와 유럽에서 비닐 바닥재 제품을 제공하는 온라인 스토어인 닷플로어닷컴을 운영하고 있습니다. Benchwick, Northann, SuperOak, Dotfloor 브랜드로 제품을 제공합니다. 소매 고객에게 서비스를 제공합니다.더 보기Northann Corp. 기초 지표 요약Northann의 순이익과 매출은 시가총액과 어떻게 비교됩니까?NCL 기초 통계시가총액US$8.16m순이익 (TTM)-US$11.67m매출 (TTM)US$13.60m0.6x주가매출비율(P/S)-0.7x주가수익비율(P/E)NCL는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표NCL 손익계산서 (TTM)매출US$0매출원가US$0총이익US$0기타 비용US$0순이익US$0최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-0.22총이익률26.30%순이익률-85.83%부채/자본 비율47.4%NCL의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 14:19종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Northann Corp.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • May 19Northann Corp. announced delayed 10-Q filingOn 05/18/2026, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2026, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
공시 • Mar 03Northann Corp. Announces NYSE American's Acceptance of its Strategic Listing Optimization PlanNorthann Corp. announced that on February 24, 2026, it received an official notification from the NYSE American LLC (the “NYSE American”) accepting the Company’s strategic plan to regain compliance with the NYSE American’s listing standards. This acceptance letter granted the Company until June 8, 2027 (the “Plan Period”), to regain compliance with the continued listing standards. During the Plan Period, the Company plans to maintain close, collaborative communication with the NYSE American, sharing periodic updates on its strategic milestones. If the Company does not regain compliance with the NYSE American listing standards by June 8, 2027, or if the Company does not make sufficient progress consistent with the Plan during the Plan Period, then NYSE American may initiate delisting proceedings. The Company's management is actively executing a comprehensive 2026 roadmap to enhance shareholder value. This includes the recently announced strategic expansion into major North American retail channels, synergistic partnerships such as the collaboration with globally renowned manufacturers in USA, and the continuous optimization of its capital structure. These initiatives reflect the Company's steadfast commitment to following the NYSE American guidelines while scaling its business. The Company’s shares of common stock, par value $0.001 per share, will continue to be listed and traded on the NYSE American during the Plan Period, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Acceptance Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission (“SEC”).
New Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.4m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (228% increase in shares outstanding). Market cap is less than US$10m (US$5.82m market cap).
공시 • Dec 12Northann Corp. Receives Notice of Non-Compliance with NYSE Listing StandardsOn December 8, 2025, Northann Corp. received a letter from the staff of NYSE American LLC 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, 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 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.
공시 • Dec 05Northann Corp., Annual General Meeting, Dec 31, 2025Northann Corp., Annual General Meeting, Dec 31, 2025. Location: 2251 catawba river rd, fort lawn, sc 29714., United States
공시 • May 19Northann Corp. announced delayed 10-Q filingOn 05/18/2026, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2026, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
공시 • Mar 03Northann Corp. Announces NYSE American's Acceptance of its Strategic Listing Optimization PlanNorthann Corp. announced that on February 24, 2026, it received an official notification from the NYSE American LLC (the “NYSE American”) accepting the Company’s strategic plan to regain compliance with the NYSE American’s listing standards. This acceptance letter granted the Company until June 8, 2027 (the “Plan Period”), to regain compliance with the continued listing standards. During the Plan Period, the Company plans to maintain close, collaborative communication with the NYSE American, sharing periodic updates on its strategic milestones. If the Company does not regain compliance with the NYSE American listing standards by June 8, 2027, or if the Company does not make sufficient progress consistent with the Plan during the Plan Period, then NYSE American may initiate delisting proceedings. The Company's management is actively executing a comprehensive 2026 roadmap to enhance shareholder value. This includes the recently announced strategic expansion into major North American retail channels, synergistic partnerships such as the collaboration with globally renowned manufacturers in USA, and the continuous optimization of its capital structure. These initiatives reflect the Company's steadfast commitment to following the NYSE American guidelines while scaling its business. The Company’s shares of common stock, par value $0.001 per share, will continue to be listed and traded on the NYSE American during the Plan Period, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Acceptance Letter does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission (“SEC”).
New Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.4m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (228% increase in shares outstanding). Market cap is less than US$10m (US$5.82m market cap).
공시 • Dec 12Northann Corp. Receives Notice of Non-Compliance with NYSE Listing StandardsOn December 8, 2025, Northann Corp. received a letter from the staff of NYSE American LLC 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, 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 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.
공시 • Dec 05Northann Corp., Annual General Meeting, Dec 31, 2025Northann Corp., Annual General Meeting, Dec 31, 2025. Location: 2251 catawba river rd, fort lawn, sc 29714., United States
Reported Earnings • Nov 17Third quarter 2025 earnings released: US$0.072 loss per share (vs US$0.16 profit in 3Q 2024)Third quarter 2025 results: US$0.072 loss per share (down from US$0.16 profit in 3Q 2024). Revenue: US$3.55m (up 39% from 3Q 2024). Net loss: US$8.80m (down US$9.30m from profit in 3Q 2024).
공시 • Aug 15Northann Corp. announced delayed 10-Q filingOn 08/14/2025, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Jul 03Northann Corp. Auditor Raises 'Going Concern' DoubtNorthann Corp. filed its 10-K on Jul 01, 2025 for the period ending Dec 31, 2024. In this report its auditor, WWC, P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.
공시 • May 17Northann Corp. announced delayed 10-Q filingOn 05/16/2025, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 01Northann Corp. announced delayed annual 10-K filingOn 03/31/2025, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Board Change • Feb 14Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Executive Director Kurtis Winn is the most experienced director on the board, commencing their role in 2022. Independent Director Umesh Patel was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Jan 03Northann Corp. Approves Election of Jing Zhang as DirectorNorthann Corp. announced that at its AGM held on December 31, 2024, the shareholders approved election of Jing Zhang as director of the company.
공시 • Dec 18Northann Corp., Annual General Meeting, Dec 31, 2024Northann Corp., Annual General Meeting, Dec 31, 2024. Location: 2251 catawba river rd, fort lawn, sc 29714, United States
공시 • Nov 15Northann Corp. announced delayed 10-Q filingOn 11/14/2024, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Oct 16Northann Corp. (NYSEAM:NCL) acquired Cedar Modern Limited from Chuntao Li $0.76 million.Northann Corp. (NYSEAM:NCL) agreed to acquire Cedar Modern Limited from Chuntao Li for $0.76 million on October 11, 2024. The consideration consists of 4.48 million common equity of Northann Corp. to be issued for common equity of Cedar Modern Limited. As part of consideration, an undisclosed value is paid towards common equity of Cedar Modern Limited. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board, consummation of due diligence investigation and execution of employment agreement. Northann Corp. (NYSEAM:NCL) completed the acquisition of Cedar Modern Limited from Chuntao Li on October 14, 2024.
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.044 loss per share (vs US$0.035 loss in 2Q 2023)Second quarter 2024 results: US$0.044 loss per share (further deteriorated from US$0.035 loss in 2Q 2023). Revenue: US$3.89m (down 14% from 2Q 2023). Net loss: US$997.5k (loss widened 43% from 2Q 2023).
Board Change • Aug 15Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). COO & Executive Director Kurtis Winn is the most experienced director on the board, commencing their role in 2022. Independent Director Brad LaLonde was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • May 26Northann Corp. Announces Board and Committee ChangesOn May 17, 2024, Charles James Schaefer IV, a member of the Board of Directors of Northann Corp. (the “Company”), resigned as a member of the Board of Directors (the “Board”) of the Company, effective immediately. Mr. Schaefer, an independent director, served as a member of the audit committee and the nominating committee, chair of the compensation committee of the Board at the time of his resignation. On May 23, 2024, the remaining members of the Board appointed Mr. Umesh Patel as a member of the Company’s Board of Directors, a member of the audit committee and the nominating committee, as well as the chair of the compensation committee of the Board. Mr. Prasad has been serving as the chief executive officer and a director of Fuse Group Holding Inc., since February 2017, and the company’s chief financial officer since November 2022. He has also been a director of Nova Lifestyle Inc. since November 2016 and presently serves as the chairman of the Audit Committee and member of the Compensation Committee and Nominating and Governance Committee. Since May 2012, Mr. Patel has served as a managing partner of DviBri LLC. From 2001 to 2007, Mr. Patel was the president and CFO of Digital Learning Management Corp. Mr. Patel received his Associate degree in hotel management and catering in 1976, and his Bachelor of Commerce degree specializing in audits and accounts in 1979, both from Maharaja Sayaji Rao University in Baroda, India.
공시 • May 17Northann Corp. announced delayed 10-Q filingOn 05/15/2024, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 02Northann Corp. announced delayed annual 10-K filingOn 04/01/2024, Northann Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
공시 • Jan 23Northann Corp Announces Benchwick Product and Technology Offerings for 2024 International Surface Event in Las VegasNorthann Corp. announced its product and technology exhibit lineup for the 2024 International Surface Event (TISE2024), the largest North American floor covering, stone, and tile industry trade exposition, January 24th to 26th at the Mandalay Bay Convention Center in Las Vegas. Featured in this lineup will be Northann’s latest Benchwick brand 3D-printing ecosystem offerings equipped with advanced design features integrating recycled materials and sustainable manufacturing processes. Among these offerings will be: Ocean Plastic Waste Core Blue11: This revolutionary eco-friendly substance, which utilizes recycled ocean plastic waste, not only addresses environmental concerns but also provides an expanded color palette and a wide array of new features. High Glossy Flooring and Wall Panels: Employing a low-temperature glaze processing akin to ceramic tiles, Benchwick introduces a game-changing manufacturing technique for 3D-printed flooring and wall panels that achieves a stunning high-gloss finish while offering unparalleled durability and functionality. Versatile Substrates: New waterproof laminate and veneer options, combined with HDF board integration, that introduce a world of creative possibilities for designers and manufacturers. Updated AI-Powered Envision Engine: Benchwick is proud to introduce version 0.5 of Artificial Intelligence image creation tool, the Envision Engine. This updated tool is now more powerful than ever, generating realistic and diversified wood and tiles images, thereby revolutionizing the way customers design and visualize their projects. A special team will be available at exhibit booth 2659 to demonstrate this latest version to investors and users. Visit Benchwick at Exhibit Booth 2659 at TISE 2024 to experience these cutting-edge advancements firsthand. Witness the future of 3D printing and explore the endless possibilities that Benchwick's ecosystem offers.
공시 • Nov 17Northann Corp. announced delayed 10-Q filingOn 11/15/2023, Northann Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Oct 19Northann Corp. has completed an IPO in the amount of $6 million.Northann Corp. has completed an IPO in the amount of $6 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,200,000 Price\Range: $5 Discount Per Security: $0.375
Board Change • Sep 26Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Brad LaLonde was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
