Exhibit 99.1

MATERIAL FACT

Intercont (Cayman) Limited Announces Extraordinary Shareholder Meeting

On December 19, 2025, The board of directors of Intercont (Cayman) Limited (“We”, “Us” or the “Company”) passed board resolutions that the Company will hold an extraordinary general meeting of its shareholders (the “EGM”) on Monday, January 26, 2026 at 9:00 a.m. (Eastern Time), or another date to be determined by the board of directors, to seek approval for:

(i) to increase the authorized share capital of the Company from US$50,000 divided into 500,000,000 Ordinary Shares of par value US$0.0001 each to US$100,000 divided into 1,000,000,000 Ordinary Shares of par value US$0.0001 each.

This proposal is referred to as the “Share Capital Increase Proposal” or “Proposal No. 1”

(ii) to authorize, establish, and designate two new classes of ordinary shares of US$0.0001 par value each, being the Class A Ordinary Shares and the Class B Ordinary Shares, with each of the Class A Shares and Class B Shares having the rights, obligations and privileges set out in the Second Amended and Restated Memorandum and Articles of Association of the Company as defined below. Both the Class A Ordinary Shares and the Class B Ordinary Shares will have the same rights as the existing ordinary shares except that the Class B Ordinary Shares will have weighted voting rights. Each Class B Ordinary Share shall have thirty (30) votes at a meeting of the shareholders or on any resolution of shareholders whereas each Class A Ordinary Share shall only have one (1) vote. Each outstanding Class B Ordinary Share is convertible at any time after issuance at the option of the holder into one (1) Class A Ordinary Share. The Class A Shares will not be convertible into shares of any other class.

This proposal is referred to as the “New Class of Shares Proposal” or “Proposal No. 2”

This proposal is referred to as the “Redesignation Proposal” or “Proposal No. 3”

(iv) regardless whether Proposals No. 1 – No. 3 have been approved and adopted by our shareholders, to pass an ordinary resolutions that, in the event that the closing bid price per listed share of the Company (ticker symbol: NCT) on the NASDAQ Stock Market in the United States of America falls below US$1.00, each of the 1,000,000,000 authorised ordinary shares in the Company of par value of US$0.0001 each (including all issued Class A and Class B Shares and any unissued Class A and Class B Shares) be consolidated at such consolidation ratio and such effective time as the board of Director may determine at their sole discretion within 180 days of obtaining the requisite shareholder approval for the proposed consolidation of shares, provided that the aforesaid consolidation ratio shall be no more than 100:1, with such consolidated shares each having the same rights and being subject to the same restrictions as set out in the Articles. 

This proposal is referred to as the “Consolidation of Shares Proposal” or “Proposal No. 4”

(v) to generally update the Amended and Restated Memorandum and Articles of Association (the “Existing Articles”) by amending and restating its Memorandum and Articles in the form attached hereto as Annex A (the “Second Amended and Restated Memorandum and Articles of Association”).

This proposal is referred to as the “Charter Amendment Proposal” or “Proposal No. 5”

The meeting will be held at Company’s office 12th Floor, Building 1, 16 Bailongjiang East Street, Jianye District, Nanjing City, Jiangsu Province, China. If approved, the change in the Company’s share capital and redesignation of certain shares will become effective immediately upon approval by the Company’s shareholders.