C3is Inc. - Common Stock (CISS)

C3is (NASDAQ: CISS), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced the closing of its registered direct offering with institutional investors for the purchase and sale of 800,000 shares of common stock at $2.50 per share, resulting in gross proceeds of approximately $2 million. The transaction closed Oct. 9, 2025. C3is plans to use the net proceeds, together with existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering, with Goodwin Procter LLP serving as U.S. counsel to the company and Kaufman & Canoles, P.C. serving as U.S. counsel to Aegis.

NEW YORK, NY / ACCESSWIRE / March 20, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $6.0 Million Underwritten Public Offering for C3is Inc. (NASDAQ:CISS).

C3is (NASDAQ: CISS), a ship-owning company providing dry-bulk and crude oil tanker seaborne transportation services, announced pricing of its firm commitment underwritten public offering. The offering is estimated at $6 million before standard deductions and expenses. According to the announcement, the offering is comprised of 120,000,000 common units or prefunded units, each consisting of one share of common stock, one-half of a Class C-1 warrant to purchase one common share and one Class C-2 warrant to purchase one common share. The common units will be priced at $0.05, and the purchase price of each prefunded unit is $0.04. The company anticipates using the funds from the offering for capital expenditures or for other general corporate purposes, or a combination thereof. The company anticipates closing on the offering today, subject to customary closing conditions. The company also granted Aegis Capital Corp. a 45-day option to purchase up to 15% of the number of common shares and/or pre-funded warrants sold in the offering, and/or additional warrants representing up to 15% of the Warrants sold in the offering solely to cover over-allotments, if any. Aegis Capital Corp. is acting as the sole book-running manager for the offering.

C3is (NASDAQ: CISS), a ship-owning company providing dry bulk and crude oil tanker seaborne transportation services, has closed on a firm commitment underwritten public offering. The offering will result in gross proceeds For C3is of an estimated $7 million before deductions and expenses. According to the announcement, the offering, which was upsized from $6, million, comprised 28,000,000 common units or prefunded units, with each unit consisting of one share of common stock or prefunded warrant, one-half of a Class B-1 warrant to purchase one common share at an exercise price of $0.375 per share and one Class B-2 warrant to purchase one common share at an exercise price of $0.425 per share. The common units were $0.25 per unit, and the prefunded units were $$0.24 per unit. The company plans to use funds from the offering for capital expenditures, including payment toward the $38.7 million remaining purchase price for the Aframax tanker acquired in July 2023. Funds may also be used for acquisitions of additional vessels. Aegis Capital Corp. acted as the sole book-running manager for the offering, and the company granted Aegis Capital a 45-day option to purchase up to 15% of the number of common shares and/or prefunded warrants sold in the offering, as well as additional warrants representing up to 15% of the warrants sold in the offering solely to cover overallotments, if any.

NEW YORK, NY / ACCESSWIRE / January 24, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on an Upsized $7.0 Million Underwritten Public Offering for C3is Inc. (NASDAQ:CISS).

NEW YORK, NY / NewsDirect / November 17th, 2023 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on C3is Inc. a ship-owning company providing dry bulk seaborne transportation services.