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CISS reverse split: 1-for-40, Aug 19, 2026, cash in lieu of fractions

C3is Inc. (CISS) announced a 1-for-40 reverse stock split effective Aug 19, 2026. Every 40 shares become 1 share.

Ratio1-for-40

Effective / split-adjusted tradingAug 19, 2026high confidence

Fractional sharesCash in lieu

StatusEffective (past)

Filed2026-08-17 (6-K)

Data as of Oct 19, 2026 1:18 PM ET · Report an error

What the filing says about fractional shares

Stockholders who would otherwise hold a fraction of a share of common stock of the Company will receive a cash payment in lieu thereof at a price equal to that fraction of a share to which the stockholder would otherwise be entitled, multiplied by the closing price of the Company's common stock on Nasdaq on August 18, 2026 (as adjusted for the reverse split).

Quoted from https://www.sec.gov/Archives/edgar/data/1951067/000119312526354028/d124299dex991.htm

Not investment advice. This page was generated automatically from SEC filings and may contain errors. Brokers process round-ups differently, some pay cash or deposit fractions instead, and some charge reorganization fees. Read the source filing.

Sources

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