C3is (NASDAQ: CISS), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced the closing of a reasonable best-efforts public offering that generated approximately $9 million in gross proceeds before fees and expenses. The offering consisted of 7,500,000 units priced at $1.20 per unit, each including one common share or a pre-funded warrant in lieu thereof, along with Class D and Class E warrants, with proceeds intended to be used for capital expenditures, including potential vessel acquisitions, working capital and general corporate purposes, and the transaction was placed by Aegis Capital Corp.
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About C3is Inc.
C3is Inc. is a ship-owning company providing dry bulk and crude oil seaborne transportation services. The Company owns four vessels, three handysize drybulk carriers with a total capacity of 97,664 deadweight tons (dwt) and an Aframax oil tanker with a cargo carrying capacity of approximately 115,800 dwt, resulting with a fleet total capacity of 213,464 dwt. C3is Inc.’s shares of Common Stock are listed on the Nasdaq Capital Market and trade under the symbol “CISS.”
For more information, visit https://c3is.pro/
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