General Information |
Business: |
We make 3D printed vinyl flooring. (Incorporated in Nevada)
We bring additive manufacturing, commonly known as 3D printing, and the volume production of innovative building solutions, to your home or business. Our robust portfolio of manufacturing solutions relies upon the use of ink, coating, resin, sound padding, glue and other raw materials to create a wide variety of flooring, decking and other products for customers throughout North America (mainly the United States and Canada), Europe and other regions under the brand name “Benchwick.”
We believe that additive manufacturing is one of the most exciting and eco-friendly technologies in the market today. Previously, the U.S. Department of Energy estimated that, compared to traditional manufacturing, additive manufacturing might slash waste and materials cost by nearly 90% and cut manufacturing energy use by half. As of 2019, the additive manufacturing industry was valued at over $14 billion and was expected to grow to $23 billion this year.
Note: Revenue and net income are for the 12 months that ended March 31, 2023.
(Note: Northann Corp. slashed the number of shares by 60 percent – to 1.2 million shares – down from 3.0 million shares in the prospectus – and priced its IPO at $5.00 – the top of its $3.00-to-$5.00 range – to raise $6.0 million on Oct. 18, 2023. The IPO raised half of the estimated proceeds of $12.0 million under its original terms.)
(Note: Northann Corp. filed its S-1 on July 14, 2023, and disclosed terms for its micro-cap IPO: 3.0 million shares at a price range of $3.00 to $5.00 to raise $12.0 million. The company submitted confidential IPO documents to the SEC on July 29, 2022.)
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Industry: |
3D Printing - Vinyl Flooring |
Employees: |
71 |
Founded: |
2013 |
Contact Information |
Address |
c/o Northann Distribution Center Inc. 9820 Dino Drive, Suite 110 Elk Grove, CA 95624 T: (916) 573 3803 |
Phone Number |
(916) 573 3803 |
Web Address |
http://www.northann.com/ |
View Prospectus: |
Northann Corp. |
Financial Information |
Market Cap |
$84.8mil |
Revenues |
$16.03 mil (last 12 months) |
Net Income |
$0.17 mil (last 12 months) |
IPO Profile |
Symbol |
NCL |
Exchange |
NYSE - American |
Shares (millions): |
1.2 |
Price range |
$5.00 - $5.00 |
Est. $ Volume |
$6.0 mil |
Manager / Joint Managers |
Craft Capital/ R.F. Lafferty & Co./ Prime Number Capital |
CO-Managers |
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Expected To Trade: |
10/19/2023 |
Status:
|
Priced |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |