CIIT
Tianci International Announces 1-for-10 Reverse Stock Split
Tianci International, Inc. will implement a 1-for-10 reverse stock split effective July 20, 2026, to maintain compliance with Nasdaq's minimum $1.00 bid price rule. The reverse split will reduce outstanding shares from 9,673,907 to approximately 967,391, with fractional shares rounded up to the nearest whole number. The stock will continue trading on the Nasdaq Capital Market under the symbol CIIT on a split-adjusted basis when the market opens on July 20, 2026. Proportionate adjustments will be made to equity awards and warrants, and the exercise price of warrants issued on June 17, 2026 will be reduced to the lowest volume-weighted average price over a specified period around the effective date. Stockholders do not need to take any action, as the combination and reduction of shares will occur automatically.