NCT

Intercont (Cayman) Limited Ordinary shares
NCT
Market cap $155M

5.75 USD

+0.35

6.48%

At close Apr 3, 4:00 PM EDT

1 day

6.48%

5 days

-11.54%

1 month

-16.06%

3 months

-16.06%

6 months

-16.06%

Year to date

-16.06%

1 year

-16.06%

5 years

-16.06%

10 years

16.40%

Industrials Marine Shipping

–

Funds holding %

of 7,398 funds

–

Analysts bullish %

Fund manager confidence

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Research analyst outlook

We haven’t received any recent analyst ratings for NCT.

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Financial journalist opinion

Intercont (Cayman) Limited Announces Closing of Its Initial Public Offering

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."

Intercont (Cayman) Limited Announces Closing of Its Initial Public Offering

Intercont (Cayman) Limited Announces Pricing of Its Initial Public Offering

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”.

Intercont (Cayman) Limited Announces Pricing of Its Initial Public Offering

Intercont's IPO Plans Highlight Falling Revenue And Excessive Valuation

Intercont (Cayman) Limited has filed proposed terms for a $30 million U.S. IPO. The company faces significant operating and regulatory risks, with high revenue concentration from just two customers. NCT's financial performance shows falling revenue, reduced gross profit, and lower operating cash flow.

Intercont's IPO Plans Highlight Falling Revenue And Excessive Valuation

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