NCT Intercont (Cayman) Ltd
Price Chart
Executive Summary
Intercont (Cayman) Ltd announced a 25-for-1 reverse stock split effective April 2, 2026, to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The move reduces authorized shares from 1 billion to 40 million and adjusts par value to $0.0025 per share, with no action required by shareholders.
Actionable Insight
Traders should anticipate increased volatility around April 2, 2026 when trading resumes post-split. While the reverse split avoids delisting, it may signal financial distress given the pre-split share price was below $0.04. Monitor for continued compliance with other Nasdaq listing standards and any subsequent operational improvements.
Key Facts
- Intercont is implementing a 25-for-1 reverse stock split effective April 2, 2026
- The purpose is to regain compliance with Nasdaq's $1.00 minimum bid price rule (Rule 5550(a)(2))
- Authorized ordinary shares reduced from 1,000,000,000 to 40,000,000
- Par value changed from $0.0001 to $0.0025 per share
- No fractional shares will be issued; fractional holdings will be rounded up at the beneficial holder level
- Trading will resume on a split-adjusted basis under the same ticker 'NCT' but with a new CUSIP: G48049111
Financial Impact
No direct financial impact — this is a structural adjustment to share count and price. Market cap remains unchanged at $3M post-split, but share price will increase 25x to meet Nasdaq listing requirements.
Risk Factors
- Reverse splits are often perceived negatively by the market as a sign of financial weakness
- Reduced number of outstanding shares could decrease liquidity and increase volatility
- Failure to sustain post-split share price above $1.00 could lead to renewed delisting concerns
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-036085 |
| Document: ea028391701ex99-1.htm | 0001213900-26-036085 |
| Document: 0001213900-26-036085-index-headers.html | 0001213900-26-036085 |
| Document: 0001213900-26-036085-index.html | 0001213900-26-036085 |
| Document: 0001213900-26-036085.txt | 0001213900-26-036085 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 8, 2026
1d ago
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6-K
| $3.75 awaiting T+5 | awaiting T+5 | — | $2.95 (−21.33%) |
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Jun 8, 2026
1d ago
|
6-K
| $3.75 awaiting T+5 | awaiting T+5 | — | $2.95 (+21.33%) |
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May 12, 2026
28d ago
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6-K
| $2.43 $2.33 | ▼ −4.12% | ▼ −4.19% | $2.95 (+21.40%) |
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May 12, 2026
28d ago
|
6-K
| $2.43 $2.33 | ▲ +4.12% | ▲ +4.19% | $2.95 (−21.40%) |
|
May 12, 2026
28d ago
|
6-K
| $2.43 $2.33 | ▼ −4.12% | ▼ −4.19% | $2.95 (+21.40%) |
|
Mar 30, 2026
10w ago
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6-K
| $1.68 $1.63 | ▼ −2.69% | ▼ −6.99% | $2.95 (+76.12%) |
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Mar 30, 2026
10w ago
|
Press Release
| $1.68 $1.63 | ▼ −2.69% | ▼ −6.99% | $2.95 (+76.12%) |
US Market Status
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