StocksMedium•5 November 2026•
1 min read
C3is Inc. Announces 1-for-5 Reverse Stock Split to Maintain Nasdaq Listing
Key Facts
1C3is Inc. announced a 1-for-5 reverse stock split of its common stock, effective November 9, 2026.
2The move aims to meet the minimum bid price requirement to maintain the company's listing on the Nasdaq Capital Market.
C3is Inc. announced a 1-for-5 reverse stock split of its common stock, effective November 9, 2026. According to a statement released via GlobeNewswire, the company's board determined the split to increase the per-share market price, with shares expected to begin trading on a split-adjusted basis at the market open on that date.
The move aims to meet the minimum bid price requirement of $1.00 per share to maintain the company's listing on the Nasdaq Capital Market. CISS closed at $0.4912 on November 4, 2026, having traded between a day low of $0.4825 and a high of $0.49845 during that session.