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C3is Inc. is a ship-owning company providing drybulk seaborne transportation services. The Company owns two handysize drybulk carriers with a total capacity of 64,000 deadweight tons (dwt). C3is Inc.’s shares of common stock are listed on the Nasdaq Capital Market and trade under the symbol “CISS”.

Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, or impact or duration of the COVID-19 pandemic and underlying assumptions and other statements, which are other than statements of historical facts.

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FAQ

What is C3is Inc.?

C3is Inc. is a ship-owning company providing drybulk seaborne transportation services.

How many drybulk carriers does C3is Inc. own?

C3is Inc. owns two handysize drybulk carriers with a total capacity of 64,000 deadweight tons (dwt).

Where are C3is Inc.'s shares listed?

C3is Inc.'s shares of common stock are listed on the Nasdaq Capital Market and trade under the symbol “CISS”.

What do forward-looking statements in the release indicate?

Forward-looking statements reflect the company's current views with respect to future events and financial performance.

What is the contact information for C3is Inc.?

Nina Pyndiah, Chief Financial Officer, can be reached at 00-30-210-6250-001 or via email at info@C3is.pro.

What important factors could impact C3is Inc.'s actual results?

Risks discussed in company filings with the SEC, the impact of the COVID-19 pandemic, general market conditions, ability to obtain financing, and other factors may affect actual results.

What is EBITDA?

EBITDA represents net income before other finance costs, interest income, and depreciation. It is not a recognized measurement under U.S. GAAP.

What is TCE rate?

Time Charter Equivalent rate or 'TCE' rate is determined by dividing voyage revenue net of voyage expenses by voyage days for the relevant time period. It provides additional meaningful information in evaluating financial performance.

What financial statements are available for C3is Inc.?

Unaudited Condensed Combined Carve-out Statement of Income, Balance Sheets, and Statement of Cash Flows are available in United States Dollars.

What should investors know about C3is Inc.?

Investors should be aware of the company's business of providing drybulk seaborne transportation services, its ownership of two handysize drybulk carriers, and its stock listing on the Nasdaq Capital Market under the symbol 'CISS.'

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