The 1h (one-hole) and 2h-1p (two-hole; one-particle) shake-up bands in the valence ionization spectrum of odd-membered carbon rings (C5, C7, C9, C11) are investigated by means of the third-order algebraic diagrammatic construction [ADC(3)] scheme for the one-particle Green's function. Despite a severe dispersion of the σ- and π- ionization intensity over intricately dense sets of satellites, the present study undoubtedly confirms that structural fingerprints in ionization spectra could be usefully exploited to discriminate the cyclic C5, C7, C9, and C11 species from their linear counterparts in plasma conditions. Such spectra could also be used to indirectly trace very fine details of the molecular structure, such as bond length alternations, out-of-plane distortions, or the strength of cyclic strains. Both structurally and electronically, the cyclic isomers of the C5 and C9 clusters must be described as even-twisted cumulenic tori, whereas the C7 and C11 cyclic species are simply planar polyynic rings. In comparison with their linear counterparts, all species display an intrinsically lower propensity to electronic excitations, marked by a rather significant increase of the fundamental HOMO−LUMO band gap. On the other hand, the lower symmetry of the cyclic clusters, C5 and C9 in particular, permits many more configuration interactions in the cation. The ultimate outcome of these two opposite factors is, overall, a severe enhancement of the shake-up fragmentation of ionization bands, compared with the linear isomers.