Tianci International 1-for-7 Reverse Split Cuts Shares to 3.62M for Nasdaq Compliance
Tianci International will implement a 1-for-7 reverse stock split on March 20, 2026, reducing outstanding shares from 25,331,803 to 3,618,829 and establishing CUSIP 88631G304. The split is designed to boost the bid price above Nasdaq’s minimum requirement, with fractional shares rounded up and no change to authorized shares.
1. Reverse Split Implementation
Tianci International will execute a reverse split at a 1-for-7 ratio effective 12:01 a.m. ET on March 20, 2026, automatically reclassifying every seven pre-split shares into one post-split share and assigning CUSIP 88631G304.
2. Share Count Reduction
Pre-split outstanding shares of 25,331,803 will be reduced to approximately 3,618,829 post-split, with authorized share count and par value unchanged; shareholders entitled to fractional shares will receive a rounded up whole share.
3. Compliance Objective
The reverse split is aimed at boosting the bid price above Nasdaq Capital Market’s minimum listing requirement to maintain compliance without additional action from shareholders, while equity plans and grants will be proportionally adjusted.