[Nasdaq-listed company NCT plans to acquire a minority stake in Starks Network] Intercont (Nasdaq: NCT) announced that it has signed a letter of intent with Singapore-based Web3 company Starks Network to acquire less than 50% of its minority stake, aiming to jointly advance the development of zCloak Network. zCloak, backed by Coinbase Ventures, specializes in AI digital identity and payment technology. The two parties will apply Web3 technology to shipping trade payments and digital transformation, promoting enterprise-level Web3 adoption in the global shipping trade sector.