NCT — Intercont (Cayman) Limited Dilution Risk Tracker

Intercont (Cayman) Limited (NCT) has a DilutionScore of 33/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 14, 2026.

NCT has an active ATM (at-the-market) program with $10.0M remaining capacity. ATM programs allow companies to sell shares continuously into the open market through a broker-dealer — without announcing a secondary offering. This creates a silent but steady source of share dilution that shows up in quarterly share count increases rather than a discrete offering event.

DilutionWatch tracks over 25 SEC filing types for NCT in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for NCT alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.