Tianci International wraps up a 1:10 reverse split, resetting warrants to a $3.09 exercise price
CIIT sits 32% above its 52-week low of $2.603 on light trading volume (0.2× avg).
Summary
Tianci International's 1:10 reverse stock split became effective on July 20, 2026, cutting the outstanding share count to 967,391. The warrant exercise price was reset to $3.0874, and the number of warrant shares surged to approximately 1.59 million, sharply raising the potential for dilution.
Key Events · Corporate Governance and Compliance · CIIT
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Reverse Stock Split Completed
A 1:10 reverse split took effect on July 20, 2026, reducing the outstanding shares from 9,673,907 to 967,391 in an effort to maintain Nasdaq's $1 minimum bid price.
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Warrant Exercise Price Reset
As of July 20, 2026, the exercise price of previously issued warrants was adjusted to $3.0874 per share, down from the post-split $8.10, based on the lowest VWAP during the adjustment period.
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Warrant Share Count Surges
The price reset caused the number of shares issuable under the Common Warrants to jump from 605,500 to approximately 1,588,570, significantly increasing the potential dilution.
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Nasdaq Compliance Objective
The reverse split is intended to lift the stock price above $1.00, meeting the Nasdaq Capital Market's listing requirements.
Analysis · CIIT · Technology
The reverse split shrinks the outstanding share count to 967,391, a move designed to keep the stock above Nasdaq's $1 minimum bid requirement. More pressing, however, is the immediate activation of the warrant anti-dilution mechanism: the exercise price has already fallen to $3.0874, and the number of warrant shares has ballooned to roughly 1.59 million, materially increasing the potential dilution. This development arrives just weeks after a deeply discounted $4.9 million offering, and the warrant reset only amplifies the overhang on the stock.
How filings like this one have moved
In the 30 days to Sep 23, 2026, 35.1% of the 1081 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CIIT was trading at $3.44 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.9M. The 52-week trading range was $2.60 to $86.80. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.