General Information |
Business: |
We are a holding company whose operating subsidiaries operate a global maritime shipping business and seaborn pulping services. (Incorporated in the Cayman Islands)
Our business is divided into two segments: time chartering and vessel management services.
A of Sept. 27, 2024, our fleet included one self-owned vessel and three leased vessels with total cargo carrying capacity of 217,191 dwt.
We plan to expand our operations with the launch of a seaborne pulping business through Openwindow, our Singapore subsidiary, by the first quarter of 2025.
Note: Net income and revenue are in U.S. dollars for the fiscal year that ended June 30, 2024.
(Note: Intercont (Cayman) Limited downsized its IPO at pricing to 1.5 million shares – down from 1.875 million shares in the prospectus – and priced its IPO at $7.00 – the bottom of its $7.00-to-$9.00 range – to raise $10.5 million on Thursday night, March 27, 2025.)
(Note: Intercont (Cayman) Limited filed an F-1/A disclosing the terms for its IPO – 1.875 million shares at a price range of $7.00 to $9.00 to raise $15.0 million, according to an F-1/A filing dated Dec. 13, 2024. Background: Intercont (Cayman) Limited filed its F-1 for its IPO, without disclosing terms; estimated IPO proceeds are $35 million.)
|
Industry: |
Maritime Shipping |
Employees: |
19 |
Founded: |
2023 |
Contact Information |
Address |
Room 1102, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong |
Phone Number |
+(852) - 37521802 |
Web Address |
https://www.intercontcayman.com/ |
View Prospectus: |
Intercont (Cayman) Limited |
Financial Information |
Market Cap |
$188.13mil |
Revenues |
$25.53 mil (last 12 months) |
Net Income |
$3.14 mil (last 12 months) |
IPO Profile |
Symbol |
NCT |
Exchange |
NASDAQ |
Shares (millions): |
1.5 |
Price range |
$7.00 - $7.00 |
Est. $ Volume |
$10.5 mil |
Manager / Joint Managers |
Kingswood Capital Markets |
CO-Managers |
|
Expected To Trade: |
3/28/2025 |
Status:
|
Priced |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |