C3is Inc (CISS) Announces 1:2.5 Reverse Share Split

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Go back to C3is Inc (CISS) Announces 1:2.5 Reverse Share Split

C3is Inc. Announces Reverse Stock Split

December 30, 2024 9:10 AM EST

To be effective January 2, 2025

Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq

ATHENS, Greece, Dec. 30, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (the Company) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-two-and-a-half (1-for-2.5) reverse stock split of the Companys common stock, par value $0.01 per share.

The reverse stock split will take effect at 11:59 pm Eastern Time on December 31, 2024, and the Companys common stock will begin trading on a split-adjusted basis on The... More