NCT · Intercont (Cayman) Limited Ordinary shares

The termination of the Ordinary Share Purchase Agreement, originally entered on September 4, 2025, with Streeterville Capital, LLC, removes a prior financing arrangement that could have provided the Company with capital through ordinary share purchases. This payoff and termination via the agreement dated April 30, 2026, likely settles any outstanding obligations under the original terms, potentially involving repayment or satisfaction of conditions to end the commitment. For investors, this event signals the conclusion of a material equity line facility, which may impact future capital raising strategies and share dilution risks associated with such arrangements.