- Intercont (Cayman) Limited (NCT) entered into a **Securities Purchase Agreement** and a **Registration Rights Agreement** with Streeterville Capital, LLC on **September 4, 2025**.  **[2018529_0001213900-25-089564_ea025691301ex99-3_intercont.htm:0]** **[2018529_0001213900-25-089564_ea025691301ex99-1_intercont.htm:0]** **[2018529_0001213900-25-089564_ea0256913-6k_intercont.htm:1]** 
- Under these agreements, Streeterville Capital, LLC committed to purchase up to **$10,000,000** in Pre-Paid Purchases for Ordinary Shares, and received **85,470 Commitment Shares** and **2,555,000 Pre-Delivery Shares**.  **[2018529_0001213900-25-089564_ea025691301ex99-1_intercont.htm:0]** **[2018529_0001213900-25-089564_ea0256913-6k_intercont.htm:1]** 
- The initial Pre-Paid Purchase is for a principal amount of **$2,175,000**, subject to an Original Issue Discount (OID) of **$160,000** and a transaction expense amount of **$15,000**.  **[2018529_0001213900-25-089564_ea025691301ex99-2_intercont.htm:0]** **[2018529_0001213900-25-089564_ea0256913-6k_intercont.htm:1]** 
- Intercont (Cayman) Limited is obligated to file a Registration Statement on Form F-1 within **45 days from the September 9, 2025 Closing Date**, covering up to **40,000,000 Ordinary Shares** for resale by the investor.  **[2018529_0001213900-25-089564_ea0256913-6k_intercont.htm:1]** **[2018529_0001213900-25-089564_ea025691301ex99-3_intercont.htm:1]** **[2018529_0001213900-25-089564_ea025691301ex99-1_intercont.htm:8]** 
- The investor's beneficial ownership of the company's outstanding Ordinary Shares is limited to **9.99%**.  **[2018529_0001213900-25-089564_ea0256913-6k_intercont.htm:1]**

Intercont (Cayman) Limited Enters into Securities Purchase and Registration Rights Agreements

- Intercont (Cayman) Limited entered into an Ordinary Share Purchase Agreement with White Lion Capital LLC, effective **August 20, 2025**.  **[2018529_0001213900-25-080591_ea025428901ex99-1_intercont.htm:0]** **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:1]** 
- Under the agreement, White Lion Capital LLC is committed to purchase up to **$10,000,000** in aggregate gross purchase price of Intercont's newly issued ordinary shares, with the possibility to increase this amount to **$30,000,000** upon mutual written consent.  **[2018529_0001213900-25-080591_ea025428901ex99-1_intercont.htm:0]** **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:1]** 
- The company can issue purchase notices for shares, with Rapid Purchase Notices not exceeding **$1,000,000** and Jumbo Purchase Notices not exceeding **$4,000,000**.  **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:1]** **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:2]** 
- White Lion Capital's beneficial ownership is limited to **4.99%** of the outstanding ordinary shares, though this can be increased to **9.99%** at its sole discretion with prior written notice.  **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:2]** **[2018529_0001213900-25-080591_ea025428901ex99-1_intercont.htm:18]** 
- A Registration Rights Agreement was also executed, requiring Intercont to file a registration statement within **60 days** of the execution date to register the resale of the maximum number of ordinary shares underlying the Purchase Agreement.  **[2018529_0001213900-25-080591_ea0254289-6k_intercont.htm:2]** **[2018529_0001213900-25-080591_ea025428901ex99-2_intercont.htm:2]** **[2018529_0001213900-25-080591_ea025428901ex99-1_intercont.htm:14]**

Intercont (Cayman) (NCT)