Northann Corp. Receives Notice of Non-Compliance from NYSE American, Must Regain Listing Standards by June 2027

Northann Corp. received a non-compliance notice from NYSE American due to a lack of $2 million in shareholders' equity. The company must submit a plan by January 7, 2026, to regain compliance with the continued listing standards by June 8, 2027. Receipt of the notice has no immediate effect on the listing or trading of the company's common stock, but it will continue to trade under the symbol "NCL.BC".