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Intercont (Cayman) Ltd IPO

Completed

Intercont (Cayman) Ltd completed its initial public offering on NASDAQ on March 28, 2025, pricing at $7.00 a share.

TickerNCT
ExchangeNASDAQ
StatusCompleted
Listing dateMarch 28, 2025
Offering price$7.00
Shares offered1,500,000
Total raised$11M

The offering

Intercont (Cayman) Ltd sold 1,500,000 shares at $7.00 each on NASDAQ. Multiplied out, that is $10.5 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $11 million total recorded for the deal.

How the deal compares

Measured by money raised, Intercont (Cayman) Ltd was tied for the 445th largest (level with 3 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. The median deal in the same window raised $200 million.

Among the 342 listings on NASDAQ alone, it is tied for the 327th largest (level with 3 other listings).

March 2025 saw 11 completed IPOs in the site's data; by amount raised, Intercont (Cayman) Ltd was the 9th largest of the 11 deals with a recorded size.

Its $7.00 offer price was the 418th highest of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.

Company coverage

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Other recent IPOs

Source: SEC EDGAR filings for Intercont (Cayman) Ltd. This page is general information, not investment advice.