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