---
title: "C3is Inc. Launches 1-for-40 Reverse Stock Split to Preserve Nasdaq Listing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296143177.md"
description: "C3is Inc. announced a 1-for-40 reverse stock split effective August 18, 2026, to raise its share price and meet Nasdaq’s minimum bid requirement, thereby preserving its listing. The split reduces outstanding shares from approximately 57.6 million to 1.44 million. While the move aims to maintain market access, TipRanks’ AI analyst rates CISS as Neutral, citing strong financial resilience offset by weak technicals and dilution risks."
datetime: "2026-08-17T20:27:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296143177.md)
  - [en](https://longbridge.com/en/news/296143177.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296143177.md)
generator: "portal-rs"
---

# C3is Inc. Launches 1-for-40 Reverse Stock Split to Preserve Nasdaq Listing

C3is Inc. ( (CISS) ) has issued an update.

On August 17, 2026, C3is Inc. announced that its board approved a one-for-forty reverse stock split of its common shares, effective at 11:59 p.m. Eastern Time on August 18, 2026. The stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market on August 19, 2026, with a new CUSIP assigned at the time of effectiveness.

The reverse split will cut outstanding common shares from about 57.6 million to roughly 1.44 million, with warrants and preferred stock adjusted proportionately and fractional shares settled in cash based on the August 18 closing price. The move is aimed at lifting the share price to meet Nasdaq’s minimum bid requirement, underscoring management’s focus on preserving the listing and signaling to stakeholders the importance of maintaining access to public equity markets. 

**Spark’s Take on CISS Stock**

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

The score is driven primarily by strong financial resilience (very low leverage and solid TTM profitability/cash flow) and a generally positive earnings-call outlook with improving operating metrics. These positives are meaningfully offset by very weak technicals (strong downtrend despite oversold readings) and limited usable valuation signals (P/E shown as 0.000 and no dividend yield), alongside the material near-term CapEx and potential equity dilution risk highlighted on the call.

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

**More about C3is Inc.**

C3is Inc. is a Greece-based ship-owning company providing dry bulk and crude oil seaborne transportation services. Its fleet consists of three Handysize dry bulk carriers totaling 97,664 dwt, one Aframax oil tanker of 115,804 dwt, and two product tankers with 97,963 dwt, for a combined capacity of 311,431 dwt listed on Nasdaq under the ticker CISS.

The company focuses on transporting commodities and energy products worldwide and derives revenue from chartering its vessels in the international shipping markets. Its Nasdaq Capital Market listing provides access to U.S. capital markets, an important funding avenue for fleet operations and potential future expansion. 

**Average Trading Volume:** 23,228,617

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $1.04M

Find detailed analytics on CISS stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [CISS.US](https://longbridge.com/en/quote/CISS.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**