C3is Inc. (CISS) Form 6-K — Aug 17, 2026
C3is Inc. (Nasdaq: CISS) announced a one-for-forty (1-for-40) reverse stock split of its common stock, effective 11:59 pm ET on August 18, 2026, with split-adjusted trading beginning on the Nasdaq Capital Market at the open on August 19, 2026 under a new CUSIP (Y18284409). The split consolidates every 40 issued shares into one, cutting shares outstanding from approximately 57.6 million to approximately 1.44 million with no change to the $0.01 par value.
Key figures
- Shares Outstanding
- approximately 1.44 million post-split, reduced from approximately 57.6 million pre-split
- New CUSIP
- Y18284409
- Fleet Vessels
- 6
- Fleet Capacity Dwt
- 311431
- Effective Date Time
- 11:59 pm ET on August 18, 2026
- Reverse split ratio
- 1:40
- Split Adjusted Trading Start
- August 19, 2026 (Nasdaq Capital Market open)
AI analysis
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