Northann Corp. Stock Plummets 7.9% After $1.4M Private Placement

Wednesday, Jun 4, 2025 11:16 am ET1min read
NCL--
Northann Corp. plunged 7.89% intraday after completing a directed share offering, raising approximately $1.4 million by selling 9 million shares on December 20th. The company stated that the funds will be used for operational expenses.

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