C3is Inc. Announces Reverse Stock Split

C3IS INC. (Nasdaq: CISS), a ship-owning company providing dry bulk and crude oil seaborne transportation services, announced a 1-for-5 reverse stock split effective November 9, 2026. The reverse split will reduce outstanding shares from approximately 4.2 million to 0.84 million shares, aimed at increasing the stock's market price and maintaining compliance with Nasdaq's minimum bid price listing requirements.