Intercont (Cayman) Limited announced a reverse stock split of its Class A ordinary shares at a ratio of 25-for-1, effective September 17, 2026. This action aims to regain compliance with Nasdaq’s minimum $1.00 bid price requirement. The consolidation reduces the total number of authorized shares from 80 billion to 3.2 billion and issued shares from approximately 25.4 million to roughly 1.02 million, while increasing par value from $0.0025 to $0.0625 per share. Fractional shares will be rounded up at the beneficial holder level without requiring shareholder action. Intercont (Cayman) Limited operates in the global shipping industry with plans for seaborne pulping operations.

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.

Intercont (Cayman) Limited announced the resignation of independent directors Dahong Li, Michael Schumann, and Yuanmei Ma on August 5, 2026, due to personal reasons. The company simultaneously appointed Chan Kelvin Zhi Hong, Lee Chee Wai, and Wong Khai Meng as new independent directors effective the same date. The Board reconstituted its standing committees: Wong serves as Audit Committee Chairperson with Chan designated as an audit committee financial expert; Chan chairs the Compensation Committee; Lee chairs the Nominating and Corporate Governance Committee; and Zhu chairs the Strategic Development Committee. Intercont (Cayman) Limited operates in the technology sector.

Intercont (Cayman) Limited priced a best efforts public offering of 8,000,000 units at $0.79 per unit, raising approximately $6.32 million in gross proceeds. Each unit consists of one Class A ordinary share and one warrant to purchase a Class A ordinary share at an exercise price of $0.869. The offering closed on July 8, 2026, with Prime Number Capital, LLC acting as the sole placement agent. The company is a Cayman Islands-based entity operating in general corporate purposes and working capital management.

Intercont (Cayman) Limited shareholders approved several proposals, including an increase of authorized share capital to US$250,000,000 and an increase in Class B Ordinary Share voting rights from 30 to 100 votes per share. Additionally, shareholders approved a proposal to effect a reverse share split of Class A Ordinary Shares at a ratio between 1:2 and 1:1000 at the directors' discretion within five years.

Intercont (Cayman) Limited entered into a Subscription Agreement for Class B ordinary shares with Beverly Holding Limited, a company controlled by the CEO, on June 4, 2026. The Subscriber will subscribe for 650,000 Class B ordinary shares at a price of US$3.00 per share, totaling US$1,950,000.