Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
C3is Inc. ( (CISS) ) has shared an announcement.
C3is Inc. announced that on December 31, 2024, it executed a one-for-two-and-a-half reverse stock split of its common stock. This corporate action reduced the number of outstanding shares from 10,597,634 to 4,239,030. The reverse split did not affect the par value and other terms of the common stock, but the company’s outstanding warrants were adjusted accordingly. Stockholders holding fractional shares received cash payments in lieu of those shares. The adjustment will be reflected in the company’s financial statements, with changes to the common stock and additional paid-in capital balances.
More about C3is Inc.
YTD Price Performance: -29.44%
Average Trading Volume: 123,505
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.28M
For detailed information about CISS stock, go to TipRanks’ Stock Analysis page.