New York, June 23, 2026, 08:06 EDT
- Tianci International traded at $0.8487 before the bell, jumping 73.2% from Monday’s finish. The stock had dropped 10.7% on June 22.
- April-quarter revenue more than doubled to $4.31 million and net income attributable to Tianci swung to positive territory, according to a June 22 SEC filing.
- The company said it closed a $4.9 million registered stock-and-warrant offering, with units priced at $0.81 each.
Tianci International shares rallied sharply in Tuesday’s premarket after a late filing Monday. The Hong Kong freight forwarder reported a swing to a small profit for the quarter with revenue up significantly.
Tianci traded at $0.8487 in premarket action by 8:05 a.m. EDT, up 73.2% from Monday’s close of $0.49, according to WSJ data. More than 74 million shares moved in premarket trading. That’s after 43.8 million traded Monday, against a 65-day average near 4.5 million. Wall Street Journal Nasdaq’s main session runs 9:30 a.m. to 4:00 p.m. Eastern, with premarket hours from 4:00 a.m. to 9:30 a.m.
Tianci, a smaller Nasdaq name, often reacts to new filings and financing announcements. Shares sank 10.7% Monday at the close but bounced premarket after the company posted its quarterly results for the April 30 period.
Tianci posted operating revenue of $4.31 million for the quarter ended April 30, jumping from $1.95 million in the same period last year. Net income attributable to Tianci came in at $48,726, or 1 cent per share. Last year, the company had a net loss of $947,987, or 43 cents a share.
The filing showed global logistics services brought in $2.27 million for the quarter. Mineral sales reported $1.42 million and business consulting services contributed $421,543. Tianci said its Hong Kong unit, Roshing International, started a mineral ore trading business in fiscal 2026 to diversify revenue.
Tianci finished a registered offering on June 17, selling 6.055 million units at $0.81 each. Each unit has one common share or a pre-funded warrant, plus one common warrant. The warrants let buyers purchase shares later at a set price. The deal brought in about $4.9 million before fees, according to Tianci. Proceeds will go toward working capital, general corporate needs, product development and boosting production capacity.
Offering price matters here since Tuesday’s premarket quote jumped above $0.81, after the stock closed Monday way under that mark. But premarket trading is often thin and shaky, more so with cheap shares.
Tianci is in the freight forwarding and logistics business, but trades at a much smaller scale than listed names like Expeditors International and C.H. Robinson. Both those peers have market caps over $20 billion. So there’s less room for a straight comparison. Shares moved Tuesday after Tianci’s filing and financing, not because of a sector-wide freight trend.
Chairman Gao Shufang spoke in April about Zimbabwe and its “abundant mineral resources,” saying Tianci would follow a “phased and prudent strategy” in looking for mining-related deals. Mineral sales are now a material part of Tianci’s quarterly revenue, according to the company’s latest filing, though this line is still new. ACCESS Newswire
But there’s little room for mistakes in the rally. The new warrants could mean more dilution if exercised. Cash dropped to $718,203 at April 30, down from $2.4 million at July 31. Operating activities used $1.69 million of cash in the first nine months of the fiscal year. The filing showed one customer made up 40.6% of nine-month revenue, and one vendor was 43.6% of purchases. That leaves the results tied to a handful of key relationships.
The open will show if the move sticks. Investors are tracking if the new capital shores up working capital and if mineral trading adds revenue without cutting margins or cash flow.
