Tianci International, Inc. (Nasdaq: CIIT), a global logistics service provider, has announced a 1-for-7 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on March 20, 2026. This decision follows the approval by the company's stockholders during the Annual Meeting held on February 13, 2026. The reverse stock split aims to increase the bid price of the common stock to comply with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Following the split, the number of issued and outstanding shares will decrease from approximately 25.3 million to about 3.6 million shares. The par value of the common stock will remain unchanged, and stockholders entitled to receive fractional shares will have their shares rounded up to the nearest whole number. The new CUSIP number for the common stock will be 88631G304. Trading on a split-adjusted basis is expected to commence on March 20, 2026.
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