C3is sets 1-for-40 reverse stock split for Aug. 18
C3is Inc. announced a one-for-forty (1-for-40) reverse stock split of its common stock, par value $0.01 per share.
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Rhea-AI Filing Summary
C3is Inc. announced a one-for-forty (1-for-40) reverse stock split of its common stock, par value $0.01 per share. The reverse split will take effect at 11:59 p.m. Eastern Time on August 18, 2026. The company’s common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market at the opening of trading on August 19, 2026. This corporate action is also incorporated by reference into the company’s existing Form S-8 and Form F-3 registration statements.
Filing Explained
The disclosed reverse split consolidates the share count and raises the per-share price proportionally; the split itself does not change company value, so its structural effect is on share units rather than the company’s value.
Key Figures
Key Terms
reverse stock split financial
split-adjusted basis financial
Registration Statement on Form S-8 regulatory
Registration Statement on Form F-3 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What reverse stock split did C3IS INC. (CISS) announce?
When does the C3IS INC. (CISS) reverse split become effective?
When will C3IS INC. (CISS) begin trading on a split-adjusted basis?
On which market will C3IS INC. (CISS) trade after the reverse split?
How does the C3IS INC. (CISS) reverse split relate to its registration statements?
AI-generated analysis. How Rhea-AI works. Not financial advice.