Fort Lawn, SC, July 02, 2025 - Northann Corp. (NYSE: NCL) has announced an accounting matter related to its fiscal year ended December 31, 2024. As disclosed in their annual report filed with the SEC, the company's independent registered public accounting firm issued an audit opinion with a going concern qualification. This disclosure is in compliance with NYSE American Company Guide Sections 401(h) and 610(b), which require the separate announcement of audit opinions containing such qualifications. The company clarified that this announcement does not alter its 2024 audited financial statements or the annual report on Form 10-K.
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