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Northann Corp. (NCL) has shared an update.
Northann Corp. has announced its relocation to a new headquarters in South Carolina, having entered into a five-year lease agreement for over 100,000 square feet of space that includes both office and industrial areas. The lease terms feature an annual rent increase and give the company the first option to buy the property. This strategic move aims to position Northann Corp. advantageously in its industry and reflects the company’s growth and future planning.
For detailed information about NCL stock, go to TipRanks’ Stock Analysis page.