Tianci International Stock Rockets, Faces Dilution Question as CIIT Float Remains Thin
Tianci International Inc. shares surged early Wednesday, with the Hong Kong logistics and minerals company ranking among the day’s wildest Nasdaq micro-caps. CIIT jumped to $3.08 by 10:56 a.m. EDT, soaring 156.67% from Tuesday’s $1.20 close. Trading hit more than 65.8 million shares, with prices running between $2.60 and $4.65. The rally was not tied to earnings—it came as a low-float name running into a pending share-and-warrant deal.
