C3is Inc (CISS) Announces One-for-six Reverse Stock Split

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C3is Inc. Announces Reverse Stock Split

April 2, 2025 9:00 AM EDT

To be effective April 4, 2025

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

ATHENS, Greece, April 02, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (the Company) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-six (1-for-6) 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 3, 2025, and the Companys common stock will begin trading on a split-adjusted basis on The... More