Articles from Intercont Cayman

SINGAPORE, March 30, 2026 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“Intercont” or the “Company”), a global shipping enterprise, today announced that it will effect a share consolidation (“Reverse Share Split”) of its ordinary shares at a ratio of 25-for-1, effective as of April 2, 2026 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5550(a)(2).

SINGAPORE, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Recently, Intercont (Cayman) Limited (hereinafter referred to as "Intercont") released its 2026 strategic outlook and growth plan, positioning this year as a critical inflection point for strategic cross-domain presence and value transformation. The plan clarifies that Intercont's future growth will remain anchored in its shipping business, while actively exploring high-potential sectors. Building upon consolidating its existing strengths in shipping, Intercont plans to expand its ro-ro vessel green shipping business, strategically acquire the Web3 enterprise zCloak, and subsequently enter into the Artificial Intelligence (AI) field, thereby constructing a multi-dimensional growth matrix of "Green Shipping + Web3 & AI Infrastructure" to bring strong momentum to long-term value growth. Behind this strategic positioning lies Intercont's precise assessment of the industry trend of deep integration between the digital and real economies, market opportunities under the restructuring of global industrial division of labor, and the extension path of its own core capabilities.

HONG KONG, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“NCT”, the “Company”, or “we”) (NASDAQ: NCT), a global carbon-neutral shipping company, today announced that, on December 15, 2025, the Company received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). The Notification Letter is based upon the fact that the closing bid price of the Company’s ordinary shares (“Ordinary Shares”) was below $1.00 per share for a period of 30 consecutive business days from October 31, 2025 to December 12, 2025.

HONG KONG, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (Nasdaq: NCT)(“NCT” or “the Group”), a global carbon-neutral shipping company, announced that, it has entered into a Memorandum of Understanding (MOU) to acquire a less than 50% minority stake of Starks Network Ltd (“Starks Network” or “the Company”) , a leading Singapore-based Web3 technology service provider and will co-develop the Project zCloak Network (“zCloak”). This strategic agreement marks a significant milestone, positioning NCT and zCloak to jointly advance the integration of maritime services and blockchain technology.

HONG KONG, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (Nasdaq: NCT) (“NCT” or “the Company”), a global carbon-neutral shipping company, announced that its Singapore subsidiary, Openwindow, has entered into a strategic partnership with CINCO INTERNATIONAL HONGKONG LIMITED. The partnership is designed to deliver stable, multi-year cash flow while expanding NCT’s shipping segment with assets that meet the industry’s accelerating shift toward low-carbon operations.

HONG KONG, July 15, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“Intercont” or the “Company”) (NASDAQ: NCT), a global shipping enterprise with plans for seaborne pulping operations, today announced its unaudited financial results for the six months ended December 31, 2024. All amounts below are in U.S. dollars.

HONG KONG, March 31, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“Intercont” or the “Company”), a global shipping enterprise with plans for seaborne pulping operations, today announced the closing of its public offering (the “Offering”) of 1,500,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $7.00 per share (the “IPO”). The Company received the gross proceeds of $10,500,000 from the Offering, before deducting underwriting discounts and offering expenses. The Ordinary Shares commenced trading on the Nasdaq Capital Market on March 28, 2025 under the ticker symbol "NCT."

HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“Intercont” or the “Company”), a global shipping enterprise with plans for seaborne pulping operations, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 ordinary shares (the “Ordinary Shares”), at a public offering price of $7.00 per share. The Company expects to receive total gross proceeds of $10,500,000 from the Offering, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on March 28, 2025, New York time, under the ticker symbol “NCT”.

HONG KONG, Oct. 08, 2024 (GLOBE NEWSWIRE) -- On September 11, 2024, Intercont (Cayman) and Rockwell Automation co-hosted a cooperation launch meeting in Shanghai, China. As one of the world's largest companies in industrial automation and informatization, Rockwell is dedicated to integrating distinctive technology and domain expertise to assist industrial enterprises and their employees in improving productivity and production efficiency.