Intercont (Cayman) Limited terminated a previous subscription agreement with Beverly Holding Limited and entered into a new one on September 7, 2026. Under the new terms, the subscriber agreed to purchase 1,625,000 Class B ordinary shares at US$0.40 per share, totaling US$650,000. The transaction was approved by the Audit Committee and became effective immediately upon termination of the prior agreement on September 10, 2026. Intercont (Cayman) Limited operates in the financial services industry.
