C3is Inc (CISS) Prices $6 Million Underwritten Public Offering

Go back to C3is Inc (CISS) Prices $6 Million Underwritten Public Offering

C3is Inc. Announces Pricing of $6.0 Million Underwritten Public Offering

March 15, 2024 8:22 AM EDT

ATHENS, Greece, March 15, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (Nasdaq: CISS) (the Company), a ship-owning company providing dry bulk and crude oil tanker seaborne transportation services, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $6.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 120,000,000 Common Units or Pre-funded Units, each consisting of one share of common stock (Common Share) or Pre-Funded Warrant, one half of a Class C-1 Warrant to purchase one... More