C3is Inc. ( (CISS) ) has issued an announcement.
C3is Inc., a Marshall Islands corporation, is inviting its stockholders to attend a Special Meeting on March 20, 2025, in Athens, Greece. The meeting will focus on considering amendments to its Restated Articles of Incorporation to potentially effect reverse stock splits of its common stock at a ratio between one-for-two and one-for-1,000, to be determined by the Board of Directors. This move aims to adjust the company’s capital structure, which may impact stockholders’ shares and the company’s market operations.
More about C3is Inc.
YTD Price Performance: -15.91%
Average Trading Volume: 131,042
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.09M
For a thorough assessment of CISS stock, go to TipRanks’ Stock Analysis page.