1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. ๐ Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. ๐ Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
NCT
Event Date
2025-03-28
Sector
Industrials
Subsector
Marine Transportation
Offer Range
โ
Shares Offered
8M
Shares Outstanding Pre-IPO
1.64M
25.64M
โ
Implied Upside vs Midpoint
$00.00Description
โ
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A Ordinary Shares (listed) 1 vote per Class A Ordinary Share ยท Not convertible into other classes | 25.44M | 99.2% |
Class B Ordinary Shares 100 votes per Class B Ordinary Share (approved change from 30 to 100 votes per Class B Share at June 5, 2026 meetings) ยท Convertible into Class A on a one-to-one basis at holder's option | 206.6K | 0.8% |
| Total economic shares | 25.64M | 100% |