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C3is Inc. ( (CISS) ) has issued an update.
C3IS Inc., a corporation based in the Republic of the Marshall Islands, has announced an amendment to its Articles of Incorporation, effective December 31, 2024. The amendment outlines a reverse stock split where every 2.5 shares of common stock will be consolidated into one share. This move aims to adjust the stock structure without affecting the authorized number of shares or their par value, potentially impacting stockholders’ equity and market perception.
More about C3is Inc.
Average Trading Volume: 226,508
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.86M
Find detailed analytics on CISS stock on TipRanks’ Stock Analysis page.
