C3is (NASDAQ: CISS) to reverse split shares ahead of Aug. 19 trading
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.
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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
Reverse split ratio: 1-for-40
Effective time of reverse split: 11:59 p.m. Eastern Time on August 18, 2026
Start of split-adjusted trading: August 19, 2026
3 metrics
Reverse split ratio
1-for-40
Reverse stock split of common stock
Effective time of reverse split
11:59 p.m. Eastern Time on August 18, 2026
Time when the reverse stock split takes effect
Start of split-adjusted trading
August 19, 2026
Date trading on The Nasdaq Capital Market begins on a split-adjusted basis
Key Terms
reverse stock split, split-adjusted basis, Registration Statement on Form S-8, Registration Statement on Form F-3
4 terms
reverse stock split financial
"announcing a one-for-forty (1-for-40) reverse stock split of the Company’s common stock"
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.
split-adjusted basis financial
"common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
Registration Statement on Form S-8 regulatory
"incorporated by reference into the Company’s Registration Statement on Form S-8"
A registration statement on Form S-8 is the U.S. Securities and Exchange Commission filing companies use to register shares they intend to grant to employees, directors, consultants or benefit plans under stock compensation programs. It matters to investors because it signals potential issuance of new shares tied to pay and incentives, which can increase the total shares outstanding — like adding more slices to a pie — reducing each existing share’s ownership and potentially affecting earnings per share and stock value.
Registration Statement on Form F-3 regulatory
"and Registration Statement on Form F-3 (Reg. No. 333-285135)"
A registration statement on Form F-3 is a streamlined filing used by eligible foreign companies to register securities for sale in the U.S., often as a “shelf” that lets them offer shares quickly when market conditions are right. For investors it matters because it signals that the company can raise capital on short notice—potentially increasing liquidity but also the risk of share dilution if new stock is issued—similar to a company keeping a pre-approved credit line ready to use.
FAQ
What reverse stock split did C3IS INC. (CISS) announce?
C3is Inc. announced a one-for-forty (1-for-40) reverse stock split of its common stock. Each 40 existing shares will be combined into one share, affecting the share count but not the company’s overall market value by itself.
When does the C3IS INC. (CISS) reverse split become effective?
The reverse stock split becomes effective at 11:59 p.m. Eastern Time on August 18, 2026. After this effective time, shareholder positions will reflect the new, consolidated number of shares based on the 1-for-40 ratio.
When will C3IS INC. (CISS) begin trading on a split-adjusted basis?
C3is Inc.’s common stock will begin trading on a split-adjusted basis on August 19, 2026. Trading on The Nasdaq Capital Market that day will reflect the 1-for-40 reverse split-adjusted share count and price per share.
On which market will C3IS INC. (CISS) trade after the reverse split?
After the reverse split, C3is Inc.’s common stock will continue trading on The Nasdaq Capital Market. Trading will simply reflect the split-adjusted share price and quantity beginning with the market open on August 19, 2026.
How does the C3IS INC. (CISS) reverse split relate to its registration statements?
The company states this reverse split disclosure is incorporated by reference into its Form S-8 and Form F-3 registration statements. This connects the split-adjusted share structure to previously filed securities registration documents.
AI-generated analysis. How Rhea-AI works. Not financial advice.
