C3is to Implement 1-for-5 Reverse Stock Split

MT newswire2026/11/05 15:05

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11:05 AM EST, 11/05/2026 (MT Newswires) -- C3is (CISS) announced a one-for-five reverse stock split effective at the opening of Nasdaq Capital Market trading on Monday. The split is aimed at increasing the stock price to satisfy the minimum bid-price requirement for maintaining a Nasdaq listing and will reduce the number of outstanding shares to around 840,000 from 4.2 million, the company said Thursday in a statement. Price: 0.30, Change: -0.19, Percent Change: -39.35

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C3is to Implement 1-for-5 Reverse Stock Split

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