STOCK TITAN

Tianci International (Nasdaq: CIIT) completes 1-for-10 reverse stock split, adjusts warrants

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Tianci International, Inc. implemented a 1‑for‑10 reverse stock split of its common stock, effective July 20, 2026, to help maintain compliance with Nasdaq Listing Rule 5550(a)(2) requiring a minimum $1.00 bid price. Trading continues on the Nasdaq Capital Market under the symbol CIIT with a new CUSIP 88631G403.

Every ten pre‑split shares were automatically reclassified into one share, reducing issued and outstanding common stock from 9,673,907 to 967,391 shares, with no change to authorized shares or par value. Fractional entitlements are rounded up to the nearest whole share. Holders through brokers or banks are not expected to take any action; the transfer agent will adjust book‑entry positions.

The company previously issued Common Warrants for 6,055,000 shares and Placement Agent’s Warrants for 302,750 shares at an initial exercise price of $0.81 per share. After the reverse split, the exercise price adjusts to $8.1 and the warrant share counts to 605,500 and 30,275, respectively, with further automatic adjustments based on the lowest split‑adjusted volume‑weighted average price during a 10‑trading‑day Event Market Price period. As of the close on July 20, 2026, the Event Market Price is $3.0874 and approximately 1,588,570 shares are issuable under the Common Warrants, while preserving the original aggregate exercise price.

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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.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Reverse split ratio 1-for-10 Board-selected ratio for reverse stock split effective July 20, 2026
Shares outstanding before split 9,673,907 shares Common stock issued and outstanding immediately prior to the reverse stock split
Shares outstanding after split 967,391 shares Common stock issued and outstanding immediately after the reverse stock split
Initial warrant exercise price $0.81 per share Exercise price for Common Warrants and Placement Agent’s Warrants issued June 17, 2026
Post-split warrant exercise price $8.1 per share Exercise price for Common Warrants and Placement Agent’s Warrants immediately following the reverse split
Common Warrants shares post-adjustment approximately 1,588,570 shares Common stock issuable under Common Warrants as of close on July 20, 2026
Event Market Price $3.0874 Lowest split-adjusted VWAP used for warrant exercise price adjustment as of July 20, 2026 close
reverse stock split financial
"Announces 1 for 10 Reverse Stock Split Shares Expected to Begin Trading"
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.
Nasdaq Listing Rule 5550(a)(2) regulatory
"objective of the Reverse Stock Split is to enable the Company to maintain compliance"
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
"such lowest VWAP, the “Event Market Price” during the period beginning five consecutive trading days"
Registration Statement on Form S-1 regulatory
"Placement Agent’s Warrants were issued pursuant to the Registration Statement on Form S-1"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.

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FAQ

What reverse stock split did Tianci International (CIIT) implement?

Tianci International implemented a 1-for-10 reverse stock split, effective July 20, 2026. Every ten pre-split common shares were automatically reclassified into one share, reducing outstanding shares from 9,673,907 to 967,391, with no change to authorized shares or par value.

Why did Tianci International (CIIT) conduct the 1-for-10 reverse split?

The reverse split’s stated objective is to help maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. By consolidating shares, the company aims to increase the per-share trading price on the Nasdaq Capital Market.

How did the reverse stock split affect Tianci International’s (CIIT) warrants?

Common Warrants for 6,055,000 shares and Placement Agent’s Warrants for 302,750 shares at $0.81 initially were adjusted to 605,500 and 30,275 shares at $8.1 per share. Additional adjustments follow the lowest split-adjusted VWAP during a specified 10-trading-day Event Market Price period.

What is the Event Market Price referenced by Tianci International (CIIT)?

The Event Market Price is the lowest split-adjusted volume-weighted average price (VWAP) over five trading days before and five after July 20, 2026. As of the close on July 20, 2026, this Event Market Price is reported as $3.0874 for warrant adjustment purposes.

How many shares are now issuable under Tianci International’s (CIIT) Common Warrants?

Following the reverse split and initial Event Market Price adjustment, approximately 1,588,570 shares of common stock are issuable under the Common Warrants. The warrant terms keep the aggregate exercise price equal to that in effect on the original issuance date.

Will Tianci International (CIIT) stockholders receive fractional shares after the reverse split?

Stockholders will not receive fractional shares; instead, positions are rounded up to the nearest whole share. The split and rounding occur automatically at the effective time, with the transfer agent or brokers adjusting accounts without additional action from most stockholders.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________

 

FORM 8-K

______________

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 20, 2026

______________

 

TIANCI INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

______________

 

Nevada 001-42591 45-5540446
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)

 

Unit 1109, Lippo Sun Plaza, 28 Canton Road,

Tsim Sha Tsui, Kowloon, Hong Kong 999077

(Address of Principal Executive Office) (Zip Code)

 

852-266-21800

(Registrant’s telephone number, including area code)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value   CIIT  

The Nasdaq Stock Market LLC

(Nasdaq Capital Market)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

   

 

 

Item 3.03 Material Modification to Rights of Security Holders.

 

The information contained in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.

 

Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

As previously disclosed, on April 10, 2026, the Board of Directors (the "Board") of Tianci International, Inc. (the "Company") and the holders of a majority of the outstanding voting power of the Company (the "Majority Stockholders") approved, by written consent in lieu of a meeting, resolutions authorizing the Board to amend the Company’s Articles of Incorporation (the "Amendment") with the Secretary of State of the State of Nevada to effect one or more reverse stock splits of the Company’s outstanding common stock, par value $0.0001 per share ("Common Stock"), at an aggregate ratio of up to 1-for-250, with the exact ratio and timing to be determined by the Board in its sole discretion, at any time within two years following the date of the stockholders’ resolution. This action, and the Company’s related disclosures, were described in the Company’s definitive information statement on Schedule 14C, which was filed with the U.S. Securities and Exchange Commission on April 24, 2026 (the "Information Statement") pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended.

 

On June 30, 2026, pursuant to the authority granted by the Board and the Majority Stockholders, the Board determined the final ratio for the reverse stock split at one-for-ten (1:10) (the “Reverse Stock Split”), effective as July 20, 2026.

 

Commencing on July 20, 2026, trading of the Company’s Common Stock continues on The Nasdaq Capital Market under the symbol “CIIT” on a Reverse Stock Split-adjusted basis. The new CUSIP number for the Company’s Common Stock following the Reverse Stock Split will be 88631G403.

 

As a result of the Reverse Stock Split, every ten (10) shares of the Company’s issued and outstanding Common Stock immediately prior to the Effective Time was automatically combined and converted into one (1) share of Common Stock, without any change in the par value per share. The Reverse Stock Split reduced the number of issued and outstanding shares of Common Stock from 9,673,907 shares to 967,391  shares. The number of authorized shares of the Company’s Common Stock remains unchanged.

 

Stockholders who would otherwise be entitled to receive a fractional share will instead have their shares rounded up to the nearest whole number. No fractional shares have been issued as a result of the Reverse Stock Split. Stockholders who otherwise would be entitled to receive a fractional share in connection with the Reverse Stock Split will receive one full share of the post-reverse stock split Common Stock in lieu of such fractional share. The Reverse Stock Split will not affect the par value of the Common Stock.

 

In addition, as previously disclosed, on June 17, 2026, the Company issued (i) warrants to initially purchase up to 6,055,000 shares of Common Stock at an initial exercise price of $0.81 per share to certain investors (the “Common Warrants”), pursuant to certain securities purchase agreement by and among the Company and such investors dated June 16, 2026, and (ii) warrants to initially purchase up to 302,750 shares of Common Stock at an initial exercise price of $0.81 per share to Maxim Group LLC (the “Placement Agent’s Warrants”) pursuant to certain placement agency agreement by and between the Company and Maxim Group LLC dated June 16, 2026. The Common Warrants and the Placement Agent’s Warrants were issued pursuant to the Registration Statement on Form S-1, as amended (No. 333-296417), which was declared effective by the Securities and Exchange Commission on June 15, 2026.

 

Immediately following the Reverse Stock Split, the exercise price of the Common Warrants and the Placement Agent’s Warrants will be adjusted to $8.1 per share, the number of shares of Common Stock issuable pursuant to the Common Warrants will be adjusted to 605,500 shares of Common Stock, and the number of shares of Common Stock issuable pursuant to the Placement Agent’s Warrants will be adjusted to 30,275 shares of Common Stock.

 

 

 

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Additionally, the exercise price of the Common Warrants will be further adjusted and reduced to the lowest volume-weighted average price (“VWAP”, and such lowest VWAP, the “Event Market Price”) during the period beginning five consecutive trading days immediately preceding, and ending five consecutive trading days immediately following, July 20, 2026 (the “Share Combination Adjustment Period”) , provided that, for purposes of calculating the Event Market Price, the VWAP for trading days prior to July 20, 2026 will be the VWAP as reported after giving proportional effect to the Reverse Stock Split. The adjustment of the Exercise Price shall take effect beginning at the close of trading on the Nasdaq Capital Market on the first day of the Share Combination Adjustment Period and continuing each trading day thereafter until the close of trading on the Nasdaq Capital Market on the last day of the Share Combination Adjustment Period, effective at the close of trading on the Principal Market on each trading day during the Share Combination Adjustment Period. The number of shares of common stock issuable under the Common Warrants will be increased such that the aggregate exercise price, after giving effect to the decrease in the exercise price, shall be equal to the aggregate exercise price in effect on the issuance date for the warrant shares then outstanding.

 

As of the closing of trading on July 20, 2026, the Event Market Price is $3.0874 and the number of shares of Common Stock issuable under the Common Warrants is approximately 1,588,570.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 7.01 Regulation FD Disclosure.

 

On July 16, 2026, the Company issued a press release announcing the Reverse Stock Split, a copy of which is furnished as an exhibit to this report.

 

The information in this Item 7.01, including Exhibit 99.1 to this report, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The information contained in this Item 7.01 and Exhibit 99.1 shall not be incorporated by reference into any filing under the Exchange Act or the Securities Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 9.01 Financial Statements and Exhibits

 

Exhibits

 

3.1 Certificate of Amendment to the Articles of Incorporation of the Company
99.1 Press Release dated July 20, 2026
104 Cover page interactive data file (embedded within the iXBRL document)

 

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  Tianci International, Inc.
     

Date: July 21, 2026

 

By:

/s/ Shufang Gao

Shufang Gao, CEO

 

 

 

 

 

 

 

 

 

 

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Exhibit 99.1

 

Tianci International, Inc. Announces 1 for 10 Reverse Stock Split

 

Shares Expected to Begin Trading on Split-Adjusted Basis on July 20, 2026

 

HONG KONG, HK / ACCESS Newswire / July 16, 2026 / Tianci International, Inc. (Nasdaq: CIIT) (“Company” or “Tianci”), a global logistics service provider specializing in ocean freight forwarding, announced today that it will implement a 1-for-10 reverse stock split of its common stock (the “Reverse Stock Split”), effective at 12:01 a.m. Eastern time on July 20, 2026. The Company’s common stock is expected to begin trading on a split-adjusted basis when the market opens on July 20, 2026, and will continue to trade on the Nasdaq Capital Market under the symbol “CIIT.” The new CUSIP number for the common stock will be 88631G403.

 

The objective of the Reverse Stock Split is to enable the Company to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires issuers listed on The Nasdaq Capital Market to evidence a minimum bid price of $1.00 per share. On April 10, 2026, the Company’s Board and the Majority Stockholders authorized and approved the implementation of one or more Reverse Stock Splits during a period of up to two years of the date of the stockholders’ resolution, at an aggregated ratio of up to 1-for-250, with the exact ratio and timing to be determined by the Board in its discretion.

 

On June 30, 2026, the Company’s Board of Directors has determined the reverse stock split at the final ratio of one-for-ten (1:10). As a result of the Reverse Stock Split, every ten shares of the Company’s pre-split common stock issued and outstanding will be automatically reclassified into one new share of the Company's common stock. This will reduce the number of shares outstanding from 9,673,907 shares of common stock to 967,391 shares of common stock. The number of authorized shares of the Company’s common stock will remain unchanged. Stockholders who would otherwise be entitled to receive a fractional share will instead have their shares rounded up to the nearest whole number. Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company's equity plans and grants thereunder, as applicable. In addition to the proportionate adjustments to the exercise prices and number of shares underlying the warrants issued by the Company on June 17, 2026, the exercise price of such warrants shall be reduced, but in no event increased, to the lowest VWAP (volume-weighted average price) during the period commencing five consecutive trading days immediately preceding and the five consecutive trading days immediately following July 20, 2026 (the “Event Market Price”), provided, that in calculating the Event Market Price, the VWAP for trading days prior to July 20, 2026 shall be the VWAP reported after proportionally adjusting for the Reverse Stock Split. The number of shares issuable under such warrants will be increased such that the aggregate exercise price, after taking into account the decrease in the exercise price, shall be equal to the aggregate exercise price on the issuance date for the warrant shares then outstanding. The Reverse Stock Split will not affect the par value of the common stock.

 

The combination of, and reduction in, the shares of common stock as a result of the Reverse Stock Split will occur automatically at the effective time of the Reverse Stock Split without any additional action on the part of the Company’s stockholders. The Company’s transfer agent, Securities Transfer Corporation, is acting as the exchange agent for the Reverse Stock Split and will send stockholders of record holding their shares electronically in book-entry form a transaction notice indicating the number of shares of common stock held after the Reverse Stock Split. Stockholders who hold their shares through a broker, bank, or other nominee will have their positions adjusted to reflect the Reverse Stock Split, subject to their broker, bank, or other nominee's particular processes, and are not expected to be required to take any action in connection with the Reverse Stock Split.

 

Additional information regarding the Reverse Stock Split can be found in the Company's definitive information statement pursuant to Section 14(c) of the Securities Exchange Act of 1924, which was filed with the U.S. Securities and Exchange Commission on April 24, 2026, a copy of which is available at www.sec.gov.

 

About Tianci International, Inc.

 

Tianci International Inc., through its subsidiary Roshing, provides global logistics services, specializing in ocean freight forwarding, including container and bulk goods shipping. Operating under an asset-light model, Roshing's logistics solutions are tailored to meet the diverse needs of its customers across the Asia-Pacific Region, including Japan, South Korea, and Vietnam. The company’s mission is to provide customers with efficient, reliable, and safe shipping services that create value. For more information, please visit Company’s website: tianci-ciit.com.

 

 

 

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Forward-Looking Statements

 

This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding our strategic plans and value; our expectations regarding potential commercial opportunities; and our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and our subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.” Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

For investor and media inquiries, please contact:

 

Tianci International, Inc.

Investor Relations

Email: ir@rqscapital.com

 

 

 

 

 

 

 

 

 

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Filing Exhibits & Attachments

5 documents