Welcome to our dedicated page for Intercont (Cayman) SEC filings (Ticker: NCT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Intercont (Cayman)'s stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Intercont (Cayman)'s regulatory disclosures and financial reporting.
Intercont (Cayman) Limited reported that its Class A and Class B shareholders approved several capital and governance changes at a Class A Meeting and an extraordinary general meeting. Shareholders authorized an increase in the company’s share capital to US$250,000,000, divided into 100,000,000,000 ordinary shares, split between 80,000,000,000 Class A and 20,000,000,000 Class B shares.
They also approved changing the voting rights of Class B ordinary shares from 30 votes to 100 votes per share on all matters at general meetings. In addition, shareholders conditionally adopted a third amended and restated memorandum and articles of association to reflect these changes and other clarifications.
Shareholders further authorized a reverse share split of Class A shares at a ratio between 1-for-2 and up to 1-for-1,000, to be implemented, if at all, at the directors’ discretion within five years, and approved measures to deal with fractional entitlements arising from the consolidation.
Intercont (Cayman) Limited entered into a Subscription Agreement under which Beverly Holding Limited, an entity wholly owned and controlled by CEO Muchun Zhu, agreed to subscribe for 650,000 Class B ordinary shares at US$3.00 per share, for a total of US$1,950,000. The Company’s Audit Committee reviewed and approved this related-party issuance.
Intercont also plans shareholder meetings to seek approval to increase authorised share capital to US$250,000,000 divided into 100,000,000,000 ordinary shares and to change Class B voting rights from 30 votes to 100 votes per share, alongside adopting third amended and restated articles of association.
Intercont (Cayman) Limited is asking shareholders to approve major changes to its share structure, voting rights and charter at a June 5, 2026 Class A meeting and extraordinary general meeting held in Nanjing and via Zoom.
Resolutions include increasing authorised share capital to US$250,000,000, divided into 100,000,000,000 ordinary shares of par value US$0.0025 (80,000,000,000 Class A and 20,000,000,000 Class B), raising Class B voting power from 30% votes per share to 100% votes per share, and adopting a third amended and restated memorandum and articles. The board also seeks authority for a reverse share split of Class A shares at a ratio between 1-for-2 and up to 1-for-1,000 within five years, and to manage fractional entitlements. The filing notes that if the voting-rights proposal is approved, CEO Muchun Zhu would hold more than 50% and up to 93.49% of aggregate voting power, while other shareholders’ voting power would be diluted.
Intercont (Cayman) Limited plans to hold a Class A shareholders’ meeting and an extraordinary general meeting on June 5, 2026 in Nanjing, China. The meetings will consider proposals to increase authorised share capital, change the voting rights of Class B Ordinary Shares, amend the charter, address a “Further Revised Reverse Proposal” and deal with fractional share entitlements. If shareholders approve these items, the changes to share capital and Class B voting rights will take effect immediately upon approval.
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.
Intercont (Cayman) Ltd is the subject of Amendment No. 1 to a Schedule 13G/A filed on 05/01/2026 by Streeterville Capital LLC, Streeterville Management LLC, and John M. Fife. The filing states the reporting persons beneficially own 0 ordinary shares of the $0.0001 par value class (CUSIP G48049103) and report 0% ownership.
Intercont (Cayman) Ltd is registering 2,525,067 Class A ordinary shares for resale by selling shareholders.
This Prospectus Supplement updates the Form F-1 and attaches a Form 6-K. The company implemented a 25:1 reverse stock split effective April 2, 2026 and created dual classes (Class A: 1 vote; Class B: 30 votes). The company will receive no proceeds from these resales. Financial highlights in the Form 6-K: six‑month revenue of $12.6M, net loss of $2.68M, cash approximately $4.0M as of December 31, 2025, and a working capital deficit of about $16.2M. The selling price reference: last reported sale $2.76 per share on April 2, 2026.
Intercont (Cayman) Limited reports unaudited results for the six months ended December 31, 2025, showing revenue of $12.6 million, down from $13.4 million. The business, focused on time charter and vessel management services, was affected by dry-docking, repairs and lower time-charter hire rates.
Gross profit fell to $3.0 million with margin compressing from 29% to 24%, while general and administrative expenses rose to $3.9 million driven by about $2.1 million in professional and legal fees tied to post-IPO expansion. This led to a net loss of $2.7 million versus prior net income of $0.9 million. Cash was $4.0 million and working capital deficit $16.2 million, but major shareholders have committed financial support through October 31, 2026, and management believes liquidity is adequate for the next 12 months. The company also implemented a dual-class share structure and a 25:1 share consolidation, reducing authorized and outstanding ordinary shares while increasing par value per share.
Intercont (Cayman) Ltd director and Chief Financial Officer Wang QingYuan has filed an initial statement of beneficial ownership on Form 3. This filing establishes their status as an insider of NCT but does not report any share holdings or recent transactions.
Intercont (Cayman) Limited is consolidating its shares 25-for-1 to address Nasdaq listing requirements. Effective April 2, 2026, every 25 issued and outstanding ordinary shares will be combined into one share, and the Class A ordinary shares will begin trading on a split-adjusted basis under the same symbol “NCT”.
The company is targeting compliance with Nasdaq’s minimum $1.00 bid price per share requirement under Marketplace Rule 5550(a)(2). The total number of authorized ordinary shares will be reduced from 1,000,000,000 to 40,000,000, and par value will change to $0.0025 per share. Fractional shares will not be issued; any fractional positions will be rounded up at the beneficial holder level, with book-entry and street-name holders adjusted automatically through the transfer agent and brokers.