EX-99.1 2 ncl112_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Northann Corp. Receives Non-Compliance Notice from NYSE American Fort Lawn, South Carolina, December 11, 2025 - Northann Corp. (NYSE American: NCL) (the "Company" or "Northann"), today announced it received a notice from the staff of NYSE American LLC (the "Exchange") 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. Section 1003(a)(i) requires a listed company to have stockholders' equity of $2 million or more if the listed company has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. In order to regain compliance with Section 1003(a)(i), the Company is now subject to the procedures and requirements of Section 1009 of the NYSE American Company Guide and 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. The Company intends to pay all of its outstanding fees to the Exchange, and timely deliver a Plan to the Exchange. If the Exchange accepts the Plan, the…
Open exhibit ↗Current Report · Items 3.01, 8.01, 9.01 · 8-K
Northann Corp.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other Events
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.
Company context
Northann Corp. (NYSE American: NCL) is a flooring and wall panel technology company that designs, manufactures, and distributes innovative flooring and wall panel products built on its proprietary multi-layer 3D printing and digital embossing technology, which is protected by a portfolio of core technology patents. Through its family of brands - including Benchwick, SuperOak, DotFloor, and Blue11 - Northann delivers distinctive and innovative surface designs and substrate-agnostic flooring and wall panel solutions to major retailers across North America.
Historical securities (1)
Recent company filings
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Changes in Registrant's Certifying AccountantAug 31, 2026
- Changes in Registrant's Certifying Accountant · Non-Reliance on Previously Issued Financial Statements or a Related Audit ReportAug 24, 2026
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingAug 24, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsAug 21, 2026
- NT 10-Q filingAug 14, 2026