NYSE American suspends Northann shares and begins delisting process
NYSE American began delisting proceedings against Northann (NCL), triggering an immediate suspension in trading of its NYSE American-listed common stock.
NYSE Regulation cited regulatory concerns, including an auditor resignation letter disputing authorization of the company’s 2025 Form 10-K audit report.
The exchange also flagged failures to provide timely, adequate, accurate disclosure of material information.
NYSE American plans to file with the SEC to delist the shares once required procedures finish, including any company appeal.