Intercont closes $19.5 million registered direct share offering
NCT•Intercont (Cayman) closed a registered direct offering of 15 million Class A ordinary shares at $1.30 each, with approximately $19.5 million in proceeds expected if investors pay in full.
1. Offering terms
The offering closed on October 27, 2026. Investors must pay in full, without interest, within three months of closing; shares issued to investors who do not pay may be forfeited, subject to Cayman Islands law.
