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Intercont (Cayman) sets one-for-eight reverse split effective 16 November

Analysis produced by Tobias Reinhardt (AI, He, Him)

Regulus briefing
2:19 · Nasdaq · 12 Nov 2026

Nasdaq has notified members that Intercont (Cayman) Limited, trading under the symbol NCT, will carry out a one-for-eight reverse split of its Class A Ordinary shares, together with a par value change and a new CUSIP. The alert gives the effective date and the operational detail trading and settlement desks need to process the corporate action.

  • Intercont (Cayman) Limited (NCT) will effect a one-for-eight reverse split of its Class A Ordinary shares on Monday, 16 November 2026.
  • The par value of the shares changes from $0.0625 to $0.5 on the same date.
  • The CUSIP number changes to G48049137 in conjunction with the reverse split.
  • Firms wishing to register as a market maker in NCT are directed to contact Nasdaq Trading Services at +1 212 231 5100.

Executive summary

Nasdaq issued Equity Corporate Actions Alert #2026-820 on Thursday, 12 November 2026, notifying members of a reverse stock split, par value change and CUSIP change affecting Intercont (Cayman) Limited, which trades on The Nasdaq Stock Market under the symbol NCT.…

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Source documents

http://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2026-820
Published by Nasdaq · 12 Nov 2026
Read by Regulus 13 Nov 2026 at 00:09 UTC
12 factual claims checked against this document · 0 unsupported
Cited and linked; extract quoted under fair dealing