CISS C3is Inc.
Price Chart
Executive Summary
C3is Inc. filed a Form 6-K announcing a 1-for-7 reverse stock split effective April 27, 2026, reducing outstanding shares from ~3.8M to ~528k. The split is a routine Nasdaq compliance measure and does not change the company's fundamentals.
Actionable Insight
Monitor stock price for continued Nasdaq minimum bid compliance. The company may require further reverse splits or capital raises if price deteriorates. No fundamental catalyst from this event.
Key Facts
- Reverse stock split ratio: 1-for-7
- Effective date: April 27, 2026
- Outstanding shares reduced from ~3.8M to ~528,305
- Post-split CUSIP: Y18284 300
- Ticker CISS remains unchanged
- Warrants and Series A Preferred Stock proportionately adjusted
Financial Impact
Reverse split does not alter market cap or fundamentals; cash-in-lieu for fractional shares is based on closing price before split.
Risk Factors
- Potential further dilution from warrant exercises if stock price remains low
- Risk of delisting if minimum bid price not sustained
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-181886 |
| Document: d91356d6k.htm | 0001193125-26-181886 |
| Document: d91356dex41.htm | 0001193125-26-181886 |
| Document: 0001193125-26-181886-index-headers.html | 0001193125-26-181886 |
| Document: 0001193125-26-181886-index.html | 0001193125-26-181886 |
| Document: 0001193125-26-181886.txt | 0001193125-26-181886 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 18, 2026
5d ago
|
Press Release
| $3.11 awaiting T+5 | awaiting T+5 | — | $2.36 (−24.12%) |
|
May 14, 2026
9d ago
|
Press Release
| $3.25 awaiting T+5 | awaiting T+5 | — | $2.36 (−27.38%) |
|
May 14, 2026
9d ago
|
EFFECT
| — | awaiting T+5 | — | — |
|
Apr 27, 2026
26d ago
|
6-K
| $3.59 $3.48 | ▼ −3.06% | ▼ −4.76% | $2.36 (−34.26%) |
|
Apr 23, 2026
4w ago
|
6-K
| $2.95 $3.41 | ▲ +15.44% | ▲ +14.53% | $2.36 (−20.11%) |
US Market Status
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