C3is announces 1-for-5 reverse stock split effective November 9
CISS•C3is will implement a 1-for-5 reverse stock split effective November 8, 2026, with split-adjusted Nasdaq trading beginning November 9. Outstanding common shares will decline from approximately 4.2 million to 840,000 as the company seeks to meet Nasdaq’s minimum bid price requirement for continued listing.
1. Split details
C3is will implement a 1-for-5 reverse stock split at 11:59 p.m. Eastern Time on November 8, 2026. Split-adjusted trading on the Nasdaq Capital Market will begin November 9, reducing outstanding common shares from approximately 4.2 million to 840,000. The consolidation aims to raise the share price to meet Nasdaq’s minimum bid price requirement for continued listing.
