Key Highlights

  • 1‑for‑10 reverse split reduces shares from 9,673,907 to 967,391; par value remains $0.0001 per share
  • Common Warrants’ exercise price reset to $8.1 per share; issuable shares set to 605,500; Placement Agent’s Warrants adjusted to 30,275 shares
  • Event Market Price on July 20 2026 recorded at $3.0874, supporting post‑split valuation
  • Adjusted warrant pool creates roughly 1,588,570 shares issuable under Common Warrants
  • Company will continue to satisfy Nasdaq Listing Rule 5550 and maintain the $1 minimum bid price

Tianci International, Inc. (NASDAQ: CIIT) intends to implement a ten‑to‑one share consolidation on July 20, 2026, reducing the outstanding share count from 9,673,907 to 967,391. The board, together with the majority shareholders, approved this action to elevate the trading price above Nasdaq’s minimum bid requirement, thereby safeguarding the company’s listing on the Capital Market. Under the split, every group of ten pre‑split shares will be combined into a single post‑split share, with no fractional shares issued, and the par value will stay at $0.0001 per share.

This adjustment does not change the total authorized share pool; it merely streamlines the capital structure.

Reverse Split Implementation

The consolidation was authorized earlier in the year and will become effective at the opening of trading on July 20. By shrinking the share base, the company seeks to improve market perception and attract investors who typically avoid sub‑$1 securities. The unchanged par value ensures that the legal capital per share remains consistent, while the reduced share count aims to enhance liquidity and price stability.

Warrant Adjustments

In tandem with the share consolidation, the existing warrant program will be proportionally revised. Holders originally possessed warrants to purchase up to 6,055,000 shares at an exercise price of $0.81 per share, and the Placement Agent held warrants for 302,750 shares at the same price. The number of shares that each warrant may convert into will be reduced to 605,500 for the common warrants and to 30,275 for the Placement Agent’s warrants.

The Event Market Price measured on July 20 2026 at $3.0874 will serve as a reference for the lowest volume‑weighted average price during the adjustment period, ensuring that the aggregate value of the warrants remains intact. Consequently, the total shares potentially issuable under the common warrants will amount to approximately 1,588,570, preserving the economic interest of warrant holders while mitigating dilution.

Market and Regulatory Context

Companies listed on the Nasdaq Capital Market that fall below the $1 per share minimum bid price risk delisting under Listing Rule 5550. Reverse splits are a recognized mechanism for such firms to regain compliance, particularly in sectors where share prices have been pressured by market dynamics. By executing a 1‑for‑10 consolidation, Tianci aligns its share price with the required threshold, which may also broaden its appeal to institutional investors and improve overall market liquidity.

Subsequent Milestones

The next significant phase for Tianci is the Share Combination Adjustment Period, beginning on July 20, 2026 and extending over the subsequent ten trading days. During this window, the warrant exercise price will be anchored to the lowest volume‑weighted average price, as observed at $3.0874 on the effective date. Market participants will monitor this period closely, as it may trigger warrant exercises and provide insight into investor confidence following the split.

The outcome of this phase could influence future financing strategies and the company’s long‑term positioning within its industry.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.