Northann Corp Stock (NCL) Slumps After “News Pending” Halt as Dilution, Reverse Split Vote and NYSE Compliance Deadlines Loom
Northann Corp. (NCL) shares fell 33% to $0.17 on December 23 before a NYSE American “news pending” trading halt, then rebounded in pre-market trading. The company disclosed two new advisory agreements to be paid in stock, totaling 3.3 million shares, pending exchange approval. Investors remain focused on dilution risk and listing compliance.
