Intercont (Cayman) Ltd (NCT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: June 08, 2026

Risk Assessment Details

Potential Dilution: 6059.97% of current shares
Recent Dilution: 17.01% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
1.4M
Potential Supply
87M
Additional shares possible
Splits
None
Past 2 years

Summary

NCT currently has 1.44M outstanding shares. with significant dilution risk as 87.1M authorized shares could dilute existing holders by 6060.0%. The company has diluted shareholders by 17.01% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 08, 2026

F-1 filing: The Company is offering up to 8,000,000 units, each consisting of one Class A ordinary share and one warrant to purchase a Class A ordinary share.

1.4M 87M
Nov 06, 2025

F-1 filing: This is an F-1 filing for Intercont (Cayman) Limited where selling securityholders are offering ordinary shares and the company may sell ordinary shares to White Lion Capital.

29M 63M
Oct 30, 2025

20-F filing | 25.4M shares outstanding

25M 0
Sep 27, 2024

F-1 filing: This is an F-1 filing by Intercont, related to an initial public offering of Ordinary Shares. The company has applied to list its shares on Nasdaq Capital Market under the symbol NCT.

25M 0
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