C3is Inc (CISS) Announces Reverse Stock Split

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C3IS Inc. Announces Reverse Stock Split

April 10, 2024 8:50 AM EDT

To be effective April 12, 2024

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

ATHENS, Greece, April 10, 2024 (GLOBE NEWSWIRE) -- C3IS INC. (the Company) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-one hundred (1-for-100) 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 April 11, 2024, and the Companys common stock will begin trading on a... More