PUBLIC OFFERING AND DEFERRED OFFERING COSTS |
6 Months Ended |
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Jan. 31, 2026 | |
| Public Offering And Deferred Offering Costs | |
| PUBLIC OFFERING AND DEFERRED OFFERING COSTS | NOTE 3 – PUBLIC OFFERING AND DEFERRED OFFERING COSTS
On April 11, 2025, the Company closed a public offering (the “Uplisting”) of shares of its common stock at a price of $4.00 per share, for total gross proceeds of $7,000,000.00. The Company’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “CIIT” on April 10, 2025.
The Company received net proceeds of approximately $5,439,333, after deducting underwriting discounts, commissions, and offering expenses. Upon the closing of the Company’s Uplisting, deferred offering costs of $714,481 were offset against the gross proceeds and recorded as a reduction to additional paid-in capital.
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