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C3is Inc. - $CISS STOCK NEWS

Welcome to our dedicated page for C3is news (Ticker: $CISS), a resource for investors and traders seeking the latest updates and insights on C3is stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect C3is's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of C3is's position in the market.

Rhea-AI Summary

C3is Inc. (Nasdaq: CISS), a ship-owning company providing seaborne transportation services, will release its first-quarter financial results for the period ending March 31, 2024, on May 28, 2024, before the New York market opens. Additionally, the company's management will host a conference call at 11:00 am ET on the same day to discuss the results, company operations, and outlook. A live and archived webcast of the call will be available on the C3is Inc. website, with participants advised to register 10 minutes prior to the start.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
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Rhea-AI Summary
C3is Inc. (CISS) has agreed to acquire the Bulk Carrier Eco Spitfire for $16.19 million from Brave Maritime, an affiliated company. The vessel, built in 2012, has a cargo capacity of 33,664 dwt and is currently under a time charter. Payment terms include 10% upfront and the balance by April 2025.
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Rhea-AI Sentiment
End-of-Day
-22.79%
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News
Rhea-AI Summary
C3IS INC. (CISS) announces a one-for-one hundred reverse stock split to meet Nasdaq's bid price requirement. The split reduces outstanding shares from 195.3 million to 1.953 million, adjusting warrants and preferred stock. The reverse split aims to increase the market price of the common stock.
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Rhea-AI Sentiment
End-of-Day
-21.67%
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Rhea-AI Summary
C3is Inc. (CISS) announces unaudited financial results for Q4 and full year 2023, highlighting fleet expansion, revenue growth, and strong financial performance. The company's net income increased significantly, with positive EBITDA and total assets growth. CISS plans a reverse stock split to comply with Nasdaq listing criteria.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.65%
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Rhea-AI Summary
C3is Inc. (CISS) will release its Q4 and twelve months financial results on March 26, 2024. A conference call will be held to discuss the results and outlook. Live webcast available on company's website.
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End-of-Day
0.67%
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Rhea-AI Summary
Aegis Capital Corp. served as the Sole Bookrunner for C3is Inc.'s $6.0 Million Underwritten Public Offering on NASDAQ:CISS.
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-0.66%
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Rhea-AI Summary
C3is Inc. (CISS) announces a public offering generating $6.0 million in gross proceeds. The offering includes Common Units and Pre-Funded Units with various warrants. The net proceeds will be used for capital expenditures, vessel acquisitions, working capital, and general corporate purposes. Aegis Capital Corp. exercised its over-allotment option. The offering was managed by Aegis Capital Corp. and made under an effective registration statement.
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Rhea-AI Sentiment
End-of-Day
2.03%
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Rhea-AI Summary
C3is Inc. receives a delisting notice from Nasdaq due to its common stock trading below $0.10 for ten consecutive days. The company appeals the decision and will continue trading under the symbol 'CISS' during the appeal process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.24%
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Rhea-AI Summary
C3is Inc. (CISS) announces a public offering with expected gross proceeds of $6.0 million, consisting of Common Units and Pre-funded Units. The Company plans to use the net proceeds for capital expenditures, acquisitions, working capital, or general corporate purposes. The offering is expected to close on March 19, 2024, with Aegis Capital Corp. as the sole book-running manager.
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Rhea-AI Sentiment
End-of-Day
-64.18%
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C3is Inc. (CISS) receives an additional 180-day compliance period from Nasdaq to regain bid price compliance, with a deadline of August 19, 2024. The company must maintain a bid price of $1.00 per share for 10 consecutive trading days to meet the requirement. Failure to do so may lead to delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.65%
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C3is Inc.

Nasdaq:CISS

CISS Rankings

CISS Stock Data

9.37M
79.02k
1.23%
0.05%
2.13%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
Athens