C3is Inc. Enacts 1-for-20 Reverse Stock Split as Shares Begin Trading on Adjusted Basis

C3is Inc. ( (CISS) ) has provided an announcement.

On January 23, 2026, C3is Inc. filed an amendment to its Restated Articles of Incorporation to implement a one‑for‑20 reverse stock split of its common stock, which became effective at 11:59 p.m. Eastern time on January 25, 2026, with split‑adjusted trading on Nasdaq beginning January 26, 2026. The move cut the number of outstanding common shares from about 24.7 million to approximately 1.23 million, with no fractional shares issued; holders otherwise entitled to fractional shares received cash in lieu, while the par value and other terms of the common stock and preferred stock remained unchanged. The company’s warrants and Series A Convertible Preferred Stock were proportionately adjusted to reflect the new share count, and certain warrant classes received additional exercise price adjustments tied to the stock’s volume‑weighted average price around the effective date, signaling a comprehensive recapitalization effort aimed at maintaining compliance and aligning its capital structure with market trading conditions; the post‑split common shares now trade under a new CUSIP but continue to use the “CISS” ticker.

The most recent analyst rating on (CISS) stock is a Hold with a $0.09 price target. To see the full list of analyst forecasts on C3is Inc. stock, see the CISS Stock Forecast page.

Spark’s Take on CISS Stock

According to Spark, TipRanks’ AI Analyst, CISS is a Neutral.

The score is primarily supported by strong balance-sheet quality and solid recent cash generation, reinforced by earnings-call evidence of improved net income/EBITDA and a debt-free position. The main detractor is very weak technicals (deep downtrend and negative momentum), with additional caution from revenue contraction and volatile profitability; valuation signals are limited due to a negative P/E and no stated dividend yield.

To see Spark’s full report on CISS stock, click here.

More about C3is Inc.

C3is Inc., incorporated in the Republic of the Marshall Islands and based in Athens, Greece, is a foreign private issuer whose common shares trade on the Nasdaq Capital Market under the ticker “CISS.” The company has both common stock and 5.00% Series A Cumulative Convertible Perpetual Preferred Stock outstanding, and its capital structure includes various classes of warrants and preferred shares that are listed and registered in U.S. markets.

Average Trading Volume: 2,033,338

Technical Sentiment Signal: Sell

Current Market Cap: $373.8K

For detailed information about CISS stock, go to TipRanks’ Stock Analysis page.