Corporate ActionJul 22, 2026, 08:02 AM
Tianci International Sets Warrant Exercise Price at $3.06
AI Summary
Tianci International, Inc. filed an amendment to its Form 8-K, providing an update on the adjustment of Common Warrants following a Reverse Stock Split. The company has determined the Event Market Price, which is the adjusted exercise price for the warrants, to be $3.06. This price reflects the lowest volume-weighted average price during the specified adjustment period.
Key Highlights
- The Event Market Price for Common Warrants is set at $3.06.
- This price represents the lowest volume-weighted average price (VWAP) during the Share Combination Adjustment Period.
- The adjustment is a result of a previously announced Reverse Stock Split.
- Approximately 1,602,795 shares of common stock are issuable under the Common Warrants.
Price Impact
More from CIIT
Subsidiary2d ago, 6:06 AM
Tianci International Organizes Singapore Subsidiary for Mineral Trading Expansion
ESOPJul 31, 4:37 PM
Tianci International Grants 100,000 Shares Under Equity Incentive Plan
SubsidiaryJul 24, 5:16 PM
Tianci International Establishes Zimbabwe Subsidiary, Develops 30,000 sqm Warehouse