[6-K] Intercont (Cayman) Ltd Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Intercont (Cayman) Limited terminated a prior financing arrangement with Streeterville Capital, LLC. On April 30, 2026, the company entered into a Payoff Acknowledgment and Termination Agreement with Streeterville Capital to end the Ordinary Share Purchase Agreement originally signed on September 4, 2025.

This step formally closes that ordinary share purchase facility under a material definitive agreement, meaning the company and Streeterville Capital are no longer bound by the earlier share purchase terms described in the terminated agreement.

Insights

Cross-border capital structure analyst

Intercont formally closes a prior share purchase financing deal.

Intercont (Cayman) Limited has executed a Payoff Acknowledgment and Termination Agreement with Streeterville Capital, LLC to end an Ordinary Share Purchase Agreement dated September 4, 2025. This removes a previously established route for issuing ordinary shares to that counterparty.

The move is presented purely as a termination of a material definitive agreement, with no financial amounts or new replacement facilities described. Without disclosed size or usage of the original agreement, the practical impact on funding flexibility or dilution risk is unclear from this report alone.

Key Terms

Material Definitive Agreement, Payoff Acknowledgment and Termination Agreement, Ordinary Share Purchase Agreement, foreign private issuer, +1 more

5 terms

Material Definitive Agreement regulatory

"TERMINATION OF MATERIAL DEFINITIVE AGREEMENT On April 30, 2026, Intercont (Cayman) Limited"

A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.

Payoff Acknowledgment and Termination Agreement financial

"entered into a Payoff Acknowledgment and Termination Agreement by and between Streeterville Capital"

Ordinary Share Purchase Agreement financial

"to terminate the Ordinary Share Purchase Agreement (the “Purchase Agreement”) it entered into"

foreign private issuer regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

Form 20-F regulatory

"whether the registrant files or will file annual reports under cover of Form 20-F"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42571

INTERCONT (CAYMAN) LIMITED

39 Ocean Drive Singapore

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

TERMINATION OF MATERIAL DEFINITIVE AGREEMENT 

On April 30, 2026, Intercont (Cayman) Limited (“Intercont” or the “Company”) entered into a Payoff Acknowledgment and Termination Agreement by and between Streeterville Capital, LLC (“Streeterville Capital”) to terminate the Ordinary Share Purchase Agreement (the “Purchase Agreement”) it entered into with Streeterville Capital on September 4, 2025.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 12, 2026	Intercont (Cayman) Limited
	By:	/s/ Muchun Zhu
		Muchun Zhu
		Chief Executive Officer

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