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C3IS将实行1比100反向股票拆分以恢复纳斯达克合规

2024-04-10 21:07

  • C3IS (NASDAQ:CISS) said on Wednesday that the seaborne transportation services provider is set to effect a 1-for-100 reverse stock split to regain Nasdaq compliance.
  • The reverse stock split is effective from 11:59 pm ET on April 11.
  • The stock will have a CUSIP number of Y18284 201.
  • The company's total outstanding shares will reduce from ~195.3M to ~1.953M.
  • The company's outstanding warrants and series A convertible preferred stock will be proportionately adjusted to increase the exercise price and reduce the number of shares issuable upon exercise.
  • The company has until August 19 to regain compliance with Nasdaq's minimum bid price requirement.
  • The reverse stock split is intended to increase the market price of the company's shares.
  • Source: Press Release

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