C3is to execute 1-for-40 reverse stock split effective Aug. 19, 2026
CISS•Reason for the move
The company said the reverse split is intended to help raise the share price to meet Nasdaq’s minimum bid requirement.
Reverse split and trading date
C3is will execute a 1-for-40 reverse stock split, effective 11:59 p.m. ET Aug. 18, 2026. Shares are expected to start trading split-adjusted on Nasdaq at the open on Aug. 19, 2026.
Share count and security adjustments
Outstanding common shares will fall to about 1,440,000 from about 57,600,000.
Warrants and Series A Convertible Preferred Stock will be proportionately adjusted; Class B and Class C Warrants face an additional adjustment period.
