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.
To view the full press release, visit https://ibn.fm/1Ln7X
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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