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C3is Implements 1-for-40 Reverse Split Amid Nasdaq Pressure

Key takeaways

  • C3is has announced a 1-for-40 reverse stock split as it faces increasing pressure to maintain its Nasdaq listing. This move aims to boost its share price.
#C3is#Nasdaq#stock split

Analysis

C3is has announced a 1-for-40 reverse stock split as it faces increasing pressure to maintain its Nasdaq listing. This move aims to boost its share price.

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