other material
confidence high
sentiment neutral
materiality 0.60
Tianci International implements 1-for-10 reverse stock split to regain Nasdaq bid price compliance
Tianci International, Inc.
- Reverse stock split effective July 20, 2026, reduces outstanding shares from 9,673,907 to 967,391.
- Split ratio 1:10; par value unchanged; fractional shares rounded up.
- Warrants issued June 17, 2026, adjusted: exercise price to $8.1 per share, shares issuable reduced proportionally, with further VWAP-based adjustment.
- As of July 20 close, Event Market Price $3.0874, shares issuable under Common Warrants ~1,588,570.
- Split intended to maintain Nasdaq minimum bid price of $1.00 per share.