C3is Inc (CISS)

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C3is Inc. receives a delisting notice from Nasdaq due to its common stock trading below $0.10 for ten consecutive days. The company appeals the decision and will continue trading under the symbol 'CISS' during the appeal process.

"In response, the Company is appealing the Nasdaq Staff Determination by requesting a hearing before a Nasdaq Hearings Panel, in accordance with Nasdaq Listing Rule 5800 Series procedures. The appeal initiates a stay on the delisting of the Company’s common stock until the Nasdaq Hearing Panel’s decision, with hearings are typically scheduled 30-45 days after the hearing request. Throughout this process, the Company’s common stock will continue trading on the Nasdaq Capital Market under the symbol “CISS.”