• Intercont (Cayman) closed a registered direct offering of 15,000,000 Class A ordinary shares on October 27, 2026.
• Shares were priced at USD 1.3 each, with expected proceeds of approximately USD 19.5 million assuming full payment by investors.
• Investors must pay in full, without interest, within three months of closing.
• Shares issued to investors who fail to pay may be forfeited, subject to Cayman Islands law.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intercont (Cayman) Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-114261), on October 30, 2026, and is solely responsible for the information contained therein.