Intercont (Cayman) Limited Ordinary shares
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $39.7M
- Price
- $4.12
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.90%
- Volume
- 1.0M
About
Intercont manages a global maritime shipping enterprise through its subsidiaries, with its activities divided into two main service areas: time chartering and vessel management. As of September 27, 2024, the company's fleet comprises four vessels, including one owned outright and three leased, which collectively provide a cargo carrying capacity of 217,191 deadweight tons (dwt). The company also has strategic plans to diversify its operations by establishing a seaborne pulping business via its Singapore-based subsidiary, Openwindow, with a projected launch by the first quarter of 2025.
Quick stats
Shares outstanding9.6M
Computed float177.4K
Float / shares1.8%
Key info
SectorIndustrials
IndustryMarine Shipping
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002018529
AI Summary
AI-generated1/3
minorbearishoffering
Intercont (Cayman) Limited Announces Pricing of $6.32 Million Public Offering
Intercont priced a $6.32 million best-efforts public offering, consisting of 8 million units at $0.79 per unit.
Each unit includes one Class A ordinary share and one warrant exercisable at $0.869 for six months.
Net proceeds are earmarked for business expansion and general working capital, with the offering expected to close on July 8, 2026.
Red flags
- use of proceeds is general working capital and corporate purposes