Tianci International to implement 1-for-7 reverse stock split

Tianci International, Inc. (NASDAQ:CIIT) announced on March 17, 2026 that it will carry out a 1-for-7 reverse stock split of its common shares. The adjustment will take effect at 12:01 a.m. Eastern Time on March 20, 2026, with the stock expected to begin trading on a split-adjusted basis the same day under the existing Nasdaq ticker CIIT.

The measure, which shareholders approved on February 13, 2026 and the board finalized on March 6, will reduce the company’s outstanding share count from 25,331,803 to 3,618,829. The number of authorized shares and the par value of the stock will remain unchanged. The company said the move is intended to help raise its share price and restore compliance with Nasdaq’s minimum bid price requirement. Any fractional shares resulting from the split will be rounded up, and the transfer agent and brokerage intermediaries will automatically adjust investor positions.

Under the reverse split, every seven shares held before the effective date will be converted into one new share. Shareholders holding stock in book-entry form or through brokers, banks, or other nominees will not need to take any action. The company will also apply proportional adjustments to equity incentive plans and related awards. A new CUSIP number has been assigned for the post-split shares, reflecting the company’s effort to maintain its listing on the Nasdaq Capital Market and strengthen its capital structure for existing investors.

More about Tianci International

Tianci International, Inc., listed on Nasdaq under the ticker CIIT, is a global logistics services provider focused primarily on ocean freight forwarding for containerized and bulk cargo. The company operates through its subsidiary Roshing using an asset-light operating model and serves clients across the Asia-Pacific region, including markets such as Japan, South Korea, and Vietnam. In addition to logistics services, Tianci also generates revenue through electronic component sales and business consulting activities.

Tianci International stock price


Posted

in

by

Tags: