C3is Inc. Completes $2 Million Financing via Registered Offering

Author: Logan Wright Updated: 10-09-2025 11:17 AM

C3is Inc. Completes Successful $2 Million Direct Offering

In an important move for its future growth, C3is Inc. (NASDAQ: CISS) has completed a registered direct offering, raising an impressive $2 million. This offering involves the sale of 800,000 shares of Common Stock at a price of $2.50 per share, a strategic decision made to strengthen the company’s funding capabilities.

Details of the Offering

The completion of this offering reflects C3is Inc.’s proactive approach to securing necessary capital. The aggregate gross proceeds from the offering stand at approximately $2 million. The company intends to utilize the funds raised for essential general corporate needs and working capital, ensuring solid operational capabilities moving forward.

Utilization of Proceeds

C3is Inc. plans to integrate the net proceeds from this offering with its existing financial resources. This combined capital will be critical for addressing various corporate financial requirements. The leadership anticipates that this strategic move will further enhance operational efficiency and financial stability.

Expert Guidance in the Offering

Aegis Capital Corp. played a crucial role as the exclusive placement agent for this transaction. Their expertise guided C3is Inc. through the complexities of the offering process, ensuring that the company maximized its potential in reaching institutional investors. Additionally, Goodwin Procter LLP served as U.S. legal counsel for the company, providing critical legal oversight to ensure compliance throughout the process.

Understanding the Company Structure

C3is Inc. is primarily focused on providing seaborne transportation services for dry bulk and crude oil. The company boasts a fleet of four vessels, including three handysize drybulk carriers which provide a total weight capacity of 97,664 deadweight tons (dwt) and an Aframax oil tanker with a capacity of around 115,800 dwt. The total capacity of the fleet reaches an impressive 213,464 dwt, showcasing the company's robust capabilities in maritime logistics.

Future Outlook

The company is committed to maintaining and expanding its fleet to address growing demands in the shipping sector. As maritime transportation plays a vital role in global trade, C3is Inc. is well-positioned to capitalize on ongoing market opportunities.

Frequently Asked Questions

What prompted C3is Inc. to conduct this direct offering?

C3is Inc. aimed to strengthen its financial position by raising capital for general corporate purposes and working capital.

How many shares were involved in the offering?

The offering involved the sale of 800,000 shares of Common Stock at $2.50 per share.

Who acted as the placement agent for this transaction?

Aegis Capital Corp. acted as the exclusive placement agent for the registered direct offering.

What does C3is Inc. specialize in?

C3is Inc. specializes in providing seaborne transportation services for dry bulk and crude oil through its fleet of vessels.

How has the market responded to this announcement?

The market generally views such strategic fundraising efforts positively, as they often indicate a company’s proactive approach to financing and growth.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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