Intercont Ltd (NCT) Form 6-K — Nov 10, 2026
Intercont (Cayman) Limited announced an 8-for-1 reverse share split effective November 16, 2026, with Class A shares continuing to trade on Nasdaq under the symbol NCT under a new CUSIP, G48049137. This is the company's second reverse split in roughly two months, following a 25-for-1 consolidation effective September 17, 2026. The new consolidation cuts issued Class A shares from 16,286,926 to 2,035,866 and authorized shares from 3.2 billion to 400 million, while par value rises from $0.0625 to $0.50.
Key figures
- New Cusip
- G48049137
- Par Value Pre
- 0.0625
- Par Value Post
- 0.5
- Effective Date
- 2026-11-16
- Prior Split Date
- 2026-09-17
- Issued Shares Pre
- 16286926
- Prior Split Ratio
- 25:1
- Issued Shares Post
- 2035866
- Reverse Split Ratio
- 8:1
- Authorized Shares Pre
- 3200000000
- Authorized Shares Post
- 400000000
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.