CISS C3is Inc.
Price Chart
Executive Summary
C3is Inc. announced a 1-for-7 reverse stock split effective April 27, 2026, aimed at increasing its stock price to meet Nasdaq's minimum bid requirement for continued listing. The number of outstanding shares will reduce from approximately 3.7 million to 528,305.
Actionable Insight
Monitor trading volume and bid price in the days following April 27 to assess whether the reverse split achieves its goal of maintaining Nasdaq listing. A sustained share price above $1 is critical; failure could trigger delisting concerns.
Key Facts
- C3is Inc. is executing a 1-for-7 reverse stock split effective April 26, 2026, post-market.
- Common stock will begin trading on a split-adjusted basis on April 27, 2026, on Nasdaq.
- Outstanding shares will decrease from ~3.7 million to ~528,305.
- The reverse split is intended to meet Nasdaq's minimum bid price listing requirement.
- CUSIP changes to Y18284300 upon effectiveness.
Financial Impact
No direct financial impact; structural change to share count and price. Share price expected to increase sevenfold, but market cap remains unchanged unless trading dynamics shift.
Risk Factors
- Reverse split may not succeed in lifting the stock price sufficiently to meet Nasdaq's $1 minimum bid requirement.
- Historically, reverse splits are often viewed negatively by the market, signaling financial distress, which could pressure sentiment.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-173738 |
| Document: d39539dex991.htm | 0001193125-26-173738 |
| Document: 0001193125-26-173738-index-headers.html | 0001193125-26-173738 |
| Document: 0001193125-26-173738-index.html | 0001193125-26-173738 |
| Document: 0001193125-26-173738.txt | 0001193125-26-173738 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 18, 2026
25d ago
|
Press Release
| $3.17 $2.36 | ▼ −25.55% | ▼ −27.17% | $2.08 (−34.38%) |
|
May 14, 2026
29d ago
|
Press Release
| $3.19 $2.54 | ▼ −20.38% | ▼ −19.66% | $2.08 (−34.80%) |
|
May 14, 2026
4w ago
|
EFFECT
| $3.19 $2.54 | ▲ +20.38% | ▲ +19.66% | $2.08 (+34.80%) |
|
Apr 27, 2026
6w ago
|
6-K
| $3.59 $3.48 | ▼ −3.06% | ▼ −4.76% | $2.08 (−42.06%) |
|
Apr 23, 2026
7w ago
|
6-K
| $2.95 $3.41 | ▲ +15.44% | ▲ +14.53% | $2.08 (−29.59%) |
US Market Status
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