NCT Issues Official Statement to Shareholders Reinforcing Long-Term Commitment, Compliance and Transparency
NCT reassures shareholders on its long-term focus, disclosure policy and monitoring of Nasdaq listing compliance amid market uncertainty.
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Rhea-AI Summary
Intercont (Cayman) Limited (NCT) issued an official statement to shareholders on its long-term strategy, regulatory compliance, and disclosure practices. The company reiterates its focus on sustainable business development, responsible corporate governance, and full adherence to U.S. federal securities laws and Nasdaq marketplace rules. All material information on operations, financial condition, capital structure, and financing activities will continue to be released only via SEC filings and other authorized channels. The board and management are monitoring compliance with Nasdaq continued listing standards and are evaluating appropriate measures with legal and professional advisors. NCT states it will not comment on short-term market volatility or individual trading activity.
Details
News Market Reaction – NCT
On Sep 10, the day this news came out, NCT closed 7.29% below the previous close. Argus tracked a trough of -7.2% from its starting point during tracking. Our momentum scanner recorded 12 alerts for this stock that day. Relative volume reached 208.7x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 10 session.
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NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (NASDAQ: NCT) (“NCT” or the “Company”), a publicly traded company founded and led by women, today issued an official statement to all shareholders regarding its ongoing business strategy, regulatory compliance framework, and commitment to transparent corporate governance.
The Company deeply values the trust, support and concerns raised by its shareholders. The management team reiterates its consistent long-term strategy focused on sustainable business development, responsible corporate governance, and full regulatory compliance. NCT is firmly committed to strengthening its fundamental business operations and delivering sustainable long-term value for all shareholders.
NCT maintains a disciplined and transparent disclosure policy. The Company does not comment on or speculate about short-term market volatility, trading fluctuations, or individual market participant activities. All material updates regarding the Company’s business operations, financial conditions, capital structure, and financing activities will be disclosed exclusively through official filings with the U.S. Securities and Exchange Commission (“SEC”) and other authorized public disclosure channels in strict compliance with regulatory requirements.
The Board of Directors and management team continue to closely monitor the Company’s ongoing compliance with Nasdaq continued listing standards. The Company is actively evaluating appropriate measures in consultation with its legal counsel and professional advisors to ensure full adherence to applicable listing rules and U.S. securities regulations. Any material corporate actions will be promptly disclosed in accordance with SEC and Nasdaq requirements.
NCT emphasizes its unwavering commitment to complying with U.S. federal securities laws and Nasdaq marketplace rules. The Company believes that factual transparency, consistent operational execution, and rigorous compliance practices represent the most responsible approach to addressing shareholder concerns and safeguarding corporate stability.
The Company underscores that its corporate development strategy is long-term focused rather than short-term market oriented. NCT remains dedicated to steadily strengthening its business foundation and promoting sustainable growth. The Company expresses sincere gratitude to its shareholders for their continued trust, attention and support, especially during periods of market uncertainty.
Queen Zhu, CEO of Intercont (Cayman) Limited, commented "Moving forward, NCT will continue to prioritize stable business operations, strict regulatory compliance, and long-term corporate development. The Company will maintain fair, consistent, and transparent public disclosure of all material corporate information through official and authorized channels."
About Intercont (Cayman) Limited
Intercont (Cayman) Limited (NASDAQ: NCT) is a publicly listed company committed to standardized corporate governance, full regulatory compliance, and sustainable long-term business growth. The Company focuses on stable operational development and transparent information disclosure to protect shareholder interests and create long-term corporate value.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.
Media & Investor Relations Contact
Intercont (Cayman) Limited
Investor Relations Department
investorrelations@intercontcayman.com
+65 88182399
