Intercont (Cayman) Ltd. Signs Patent License and Supplemental Agreements With Jiangsu Xinsihui Marine Technology
Intercont (Cayman) Ltd. has entered into updated contractual agreements with Jiangsu Xinsihui Marine Technology Co., Ltd. The parties previously signed a Patent License Agreement on November 13, 2024, and a Supplemental Agreement on August 5, 2025, granting Intercont (Cayman) Ltd. an exclusive license to use certain patents related to marine technology. An additional Intellectual Property Ownership and Fee Retroactive Confirmation Agreement was signed on September 30, 2025, confirming Jiangsu Xinsihui Marine Technology Co., Ltd. as the legitimate owner of the subject patents. The agreements include provisions for commercialization incentives, with Intercont (Cayman) Ltd. obligated to pay an additional USD 100,000 to Jiangsu Xinsihui Marine Technology Co., Ltd. if certain commercialization milestones are achieved by December 31, 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intercont (Cayman) Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-124176), on December 22, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.