C3is Inc. Common Stock
CISSC3is Inc. (CISS) is a technology company specializing in the development and deployment of innovative cloud-based solutions and data management services. The company focuses on providing scalable software applications designed to enhance business operations across various industries, emphasizing secure, efficient, and customizable technological tools.
Company News
C3is Inc. has announced a public offering of 7,500,000 units expected to raise approximately $9 million, with proceeds to be used for capital expenditures, vessel acquisitions, and general corporate purposes.
C3is reported strong financial performance in Q3 2025, with net income of $5.3 million, a 281% increase from the previous year, despite reduced voyage revenues due to tanker dry docking. The company maintains a debt-free balance sheet and focuses on strategic vessel acquisitions in a volatile global shipping market.
C3is Inc. completed a registered direct offering of 800,000 shares at $2.50 per share, raising approximately $2 million for general corporate purposes and working capital.
C3is Inc. announced a registered direct offering of 800,000 common stock shares at $2.50 per share, raising approximately $2.0 million for general corporate purposes and working capital.
C3is Inc., a ship-owning company, reported a decrease in revenues and daily TCE for the first quarter of 2025 compared to the same period in 2024, despite an increase in net income. The company has met all its capital expenditure commitments without resorting to bank loans.
