Tianci International (CIIT) fixes $3.06 Event Market Price, 1.6M warrant shares
Rhea-AI Filing Summary
Tianci International, Inc. reported the final adjustment terms for its Common Warrants following a previously disclosed Reverse Stock Split. The company determined an “Event Market Price” of $3.06 as of the close of trading on July 21, 2026, representing the lowest volume-weighted average price (VWAP) during the defined Share Combination Adjustment Period.
This Event Market Price governs the adjusted exercise price of the Common Warrants. After this adjustment, the Common Warrants are exercisable for approximately 1,602,795 shares of common stock. The company characterizes this warrant price adjustment as a material modification to the rights of security holders and incorporates it under both the charter-amendment and rights-modification disclosure items.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 3.03, 5.03
2 items
Item 3.03
Material Modification to Rights of Security Holders
Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Key Figures
Event Market Price: $3.06
Warrant Shares Issuable: 1,602,795 shares
Share Combination Adjustment Period window: 5 trading days before and 5 after July 20, 2026
+1 more
4 metrics
Event Market Price
$3.06
Lowest VWAP during the Share Combination Adjustment Period as of close July 21, 2026
Warrant Shares Issuable
1,602,795 shares
Approximate number of common shares issuable under the Common Warrants after adjustment
Share Combination Adjustment Period window
5 trading days before and 5 after July 20, 2026
Period used to determine the lowest VWAP for the Event Market Price
Event Market Price determination date
July 21, 2026
Date as of which the $3.06 Event Market Price was identified
Key Terms
Reverse Stock Split, volume-weighted average price, Event Market Price, Common Warrants, +2 more
6 terms
Reverse Stock Split financial
"as a result of the Reverse Stock Split (defined in the Original Report)"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
volume-weighted average price financial
"lowest volume-weighted average price (“VWAP”, and such lowest VWAP, the “Event Market Price”)"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
Event Market Price financial
"the “Event Market Price”) during the period beginning five consecutive trading days"
Common Warrants financial
"the exercise price of the Common Warrants (as defined in the Original Report) will be adjusted"
A common warrant is a tradable instrument that gives its holder the right to buy a company’s common shares at a fixed price within a set time period, similar to a coupon that can be redeemed later to purchase stock. Investors care because exercising warrants can boost potential gains if the stock rises, but it can also dilute existing shareholders by increasing the number of shares outstanding, which can lower per-share value.
Material Modification to Rights of Security Holders regulatory
"Item 3.03 Material Modification to Rights of Security Holders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What warrant change did Tianci International (CIIT) disclose in this 8-K/A?
Tianci International set the Event Market Price that determines its Common Warrant exercise price at $3.06. Following this adjustment, the Common Warrants are exercisable for approximately 1,602,795 shares of common stock, reflecting terms triggered by the earlier Reverse Stock Split.
How was the $3.06 Event Market Price for Tianci International (CIIT) calculated?
The Event Market Price of $3.06 is described as the lowest volume-weighted average price (VWAP) during the Share Combination Adjustment Period, which spans trading days around July 20, 2026, and was determined as of the close of trading on July 21, 2026.
Which SEC items are addressed in Tianci International’s (CIIT) amended report?
The amendment addresses Item 5.03, dealing with amendments to articles or bylaws and changes in fiscal year, and incorporates the warrant adjustment information into Item 3.03, which covers material modifications to rights of security holders.
Why did Tianci International (CIIT) file Amendment No. 1 to its prior report?
Amendment No. 1 updates the earlier disclosure by specifying the final Event Market Price of $3.06 and the resulting 1,602,795 warrant shares. Other parts of the prior report remain unchanged and are expressly carried forward without modification.