Every 424B that C3is Inc. (CISS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow CISS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CISS filings page.
C3is Inc. (CISS) files a prospectus supplement to its Form F-1 and concurrently reports strong unaudited results for the quarter and six months ended June 30, 2026. The supplement incorporates an August 27, 2026 Form 6-K into the F-1 and other registration statements.
For the first half of 2026, net income was $13.18 million, up 409% from the first half of 2025, while adjusted net income was $15.28 million, up 562%. EBITDA reached $16.65 million and adjusted EBITDA $18.74 million, reflecting higher voyage revenues and an enlarged fleet. Time charter equivalent rate for the first half rose to $36,769 from $16,335.
Voyage revenues for the six months increased to $35.62 million from $19.41 million. As of August 26, 2026, C3is had 1,487,970 common shares outstanding and had issued 15,113 shares under its ATM program for $2.6 million of gross proceeds. All prefunded and Class F warrants from the July 28, 2026 underwritten offering had been fully exercised, and the company reports a debt‑free fleet of six vessels with total capacity of 311,431 dwt.
C3is Inc. (CISS) filed a prospectus supplement to its Form F-1 registration to incorporate a Form 6-K that reports strong unaudited results for the quarter and six months ended June 30, 2026. The company generated $24.0 million in Q2 2026 revenues and $35.6 million for the first half of 2026. Net income was $9.98 million for Q2 and $13.18 million for the first half, while Adjusted net income reached $9.79 million and $15.28 million, respectively. EBITDA was $12.03 million in Q2 and $16.65 million for six months; Adjusted EBITDA was $11.84 million and $18.74 million, with management highlighting a debt-free fleet and recent delivery of two product tankers.
As of June 30, 2026, C3is reported $144.8 million in assets, including $96.3 million in vessels, $32.5 million in time deposits and $0.74 million in cash, against total liabilities of $30.2 million and equity of $114.6 million. Operating cash flow for the first half was $12.8 million1,487,970 common shares were outstanding; during the first half the company issued 15,113 shares via its ATM program for $2.6 million of gross proceeds, and all prefunded and Class F warrants from the July 28, 2026 underwritten offering had been fully exercised.
C3is Inc. (CISS) filed a prospectus supplement that incorporates its Form 6‑K, highlighting strong unaudited results for the second quarter and six months ended June 30, 2026. Voyage revenues for the first half of 2026 were $35.62 million, up from $19.41 million in 2025, and net income rose to $13.18 million from $2.59 million. Adjusted net income reached $15.28 million and Adjusted EBITDA $18.74 million, with management emphasizing fleet expansion and a debt‑free fleet. Time charter equivalent revenue for the first half was $27.43 million, with a TCE rate of $36,769 per day.
The fleet grew to five owned vessels at June 30, 2026, and fleet capacity reached 311,431 dwt. As of August 26, 2026, C3is had 1,487,970 common shares outstanding, after issuing 15,113 shares via its ATM program for $2.6 million in gross proceeds and the full exercise of all prefunded and Class F warrants from the July 28, 2026 offering. Total assets increased to $144.76 million, with stockholders’ equity of $114.59 million.
C3is Inc. (CISS) filed a prospectus supplement to its Form F-1 to incorporate a Form 6-K with unaudited results for the quarter and six months ended June 30, 2026, and updated share information. As of August 26, 2026, common shares outstanding were 1,487,970, with all prefunded and Class F warrants from the July 28, 2026 offering fully exercised.
For first-half 2026, C3is reported net income of $13.18 million (up 409% vs. first-half 2025) and adjusted net income of $15.28 million (up 562%). EBITDA was $16.65 million and adjusted EBITDA $18.74 million. Revenues reached $35.62 million, with a time charter equivalent rate of $36,769 per day. The fleet grew to five vessels at June 30, 2026, including two newly delivered product tankers, which the company notes are being acquired under a flexible payment structure while maintaining what it describes as a debt-free fleet.
C3is Inc. (CISS) filed a prospectus supplement that incorporates its August 27, 2026 Form 6-K, providing unaudited results for the second quarter and six months ended June 30, 2026 into an existing Form F-1 registration. The company, a ship-owner in drybulk and tanker markets, reports sharply improved profitability in 2026.
For the first half of 2026, net income was $13.18 million, up from $2.59 million in the first half of 2025, while adjusted net income was $15.28 million. EBITDA reached $16.65 million and adjusted EBITDA $18.74 million. Voyage revenues for the period were $35.62 million versus $19.41 million a year earlier, and the time charter equivalent rate increased to $36,769 from $16,335.
As of August 26, 2026, C3is Inc. had 1,487,970 common shares outstanding, with all prefunded and Class F warrants from its July 28, 2026 offering fully exercised. At June 30, 2026, total assets were $144.76 million and stockholders’ equity was $114.59 million, with a debt-free fleet but a significantly higher payable balance to related parties.
C3is Inc. (CISS) updated its existing Form F-1 prospectus by incorporating a recent Form 6-K that describes a one-for-40 reverse stock split of its common shares, effective as of 11:59 p.m. Eastern time on August 18, 2026. The split reduced outstanding common shares from approximately 57.6 million to approximately 1.44 million, with no change to par value or authorized share counts, and cash paid in lieu of fractional shares. The company’s stock continues to trade on the Nasdaq Capital Market under the symbol CISS on a split-adjusted basis, now with a new CUSIP Y18284409. Outstanding warrants and 5.00% Series A Cumulative Convertible Perpetual Preferred Stock are proportionately adjusted for the reverse split, with additional exercise and conversion price resets based on a future volume weighted average price window.
C3is Inc. (CISS) reports that, effective as of 11:59 p.m. Eastern time on August 18, 2026, it implemented a one‑for‑40 reverse stock split of its common shares. The transaction reduced outstanding common stock from approximately 57.6 million shares to approximately 1.44 million shares and applied to all outstanding shares.
No fractional shares were issued; stockholders otherwise entitled to fractions received a cash payment based on the closing price on the trading day immediately preceding the effective date, as adjusted for the split. The par value of $0.01 per share and the number of authorized common and preferred shares were unchanged. Outstanding warrants and 5.00% Series A Cumulative Convertible Perpetual Preferred Stock are being proportionately adjusted, with certain warrant exercise and preferred conversion prices further reset to the lowest daily volume weighted average price in a specified 10‑trading‑day window around the split. Post‑split common shares now trade on the Nasdaq Capital Market under the symbol CISS with new CUSIP Y18284409.
C3is Inc. (CISS) reports a corporate action that has been incorporated into its existing Form F-1 prospectus via this prospectus supplement and an attached Form 6-K. Effective as of 11:59 p.m. Eastern time on August 18, 2026, C3is implemented a one-for-40 reverse stock split of its common shares, after filing an amendment to its Restated Articles of Incorporation under Marshall Islands law. The reverse split reduced outstanding common shares from approximately 57.6 million to approximately 1.44 million, with no change to par value or authorized share counts, and cash is paid in lieu of fractional shares. Outstanding warrants and 5.00% Series A Cumulative Convertible Perpetual Preferred Stock are proportionately adjusted, with further exercise-price adjustments tied to the lowest daily volume weighted average price in a defined 10-trading-day window. Post-split shares trade on Nasdaq Capital Market on a split-adjusted basis under the symbol CISS with new CUSIP Y18284409.
C3is Inc. (CISS) implemented a one-for-40 reverse stock split of its common shares, effective as of 11:59 p.m. Eastern time on August 18, 2026. This reduced outstanding common shares from approximately 57.6 million to approximately 1.44 million, with no change to par value or authorized share counts.
Fractional shares were not issued; holders instead receive cash based on the closing price on the trading day before effectiveness. All outstanding warrants and 5.00% Series A Convertible Preferred Stock are proportionately adjusted, with further exercise-price adjustments tied to the lowest daily volume weighted average price in a 10‑trading‑day window around the reverse split.
C3is common stock continues trading on the Nasdaq Capital Market under the symbol CISS on a split-adjusted basis beginning August 19, 2026, with a new CUSIP Y18284409. A new stock certificate form reflecting the post-split structure is provided.
C3is Inc. (CISS) filed a prospectus supplement to its Form F-1 registration statement to incorporate a recent Form 6-K, which describes a significant reverse stock split. Effective as of 11:59 p.m. Eastern time on August 18, 2026, the company implemented a one-for-40 reverse stock split of its common shares.
The reverse split reduced outstanding common shares from approximately 57.6 million to approximately 1.44 million shares and applied to all outstanding common stock. No fractional shares were issued; holders instead receive cash in lieu of fractions based on the closing Nasdaq price before the split, adjusted as appropriate. Outstanding warrants and 5.00% Series A Convertible Preferred Stock are proportionately adjusted, with certain warrant exercise and conversion prices further reset to the lowest daily volume weighted average price in a specified 10-trading-day window. The par value and authorized share counts are unchanged, and the post-split common stock now carries CUSIP Y18284409 while continuing to trade on Nasdaq under “CISS”.
C3is Inc. completed a registered primary offering of 11,535,000 units, including 10,435,000 common units (each one common share and one Class F Warrant) and 1,100,000 pre-funded units (each one Pre-Funded Warrant at a $0.01 exercise price and one Class F Warrant). The underwriter’s option was exercised for 908,765 additional Class F Warrants. Aggregate gross proceeds were approximately $6.0 million before underwriting discounts and expenses.
Each Class F Warrant is immediately exercisable for one common share at an initial price of $0.52, subject to downward resets to $0.364 and $0.26 on the 2nd and 5th trading days after closing, with proportional increases in the number of underlying shares and a zero-cash exercise feature that can double the share output versus cash exercise.
The company previously effected a 1-for-7 reverse stock split on April 26, 2026, reducing outstanding common shares from about 3.8 million to about 541,082, with cash paid in lieu of fractional shares and all historical per-share data retroactively adjusted. Shareholders also approved flexibility for additional reverse splits within a 1-for-2 to 1-for-1,000 range within three years, at the board’s discretion.
C3is Inc. completed a registered primary offering of 11,535,000 units on July 28, 2026, generating approximately $6.0 million in gross proceeds before underwriting discounts and expenses. The units comprised 10,435,000 Common Units, each with one common share and one Class F Warrant, and 1,100,000 Pre-Funded Units, each with a pre-funded warrant and one Class F Warrant.
Each Pre-Funded Warrant is exercisable for one common share at $0.01 per share. Each Class F Warrant is exercisable immediately for one common share at an initial exercise price of $0.52 and expires one year after issuance. The Class F Warrants feature downward exercise price resets to $0.364 on the second trading day and $0.26 on the fifth trading day after closing, with a proportional increase in underlying shares so that the aggregate proceeds from full exercise remain constant. They also permit cashless exercise, including a zero-cash option that delivers 2.0x the number of shares that would be issuable on a cash exercise.
The company also granted Maxim Group LLC, as underwriter, an over-allotment option for up to 908,765 additional common shares and/or Class F Warrants; the underwriter exercised this option for 908,765 additional Class F Warrants. The Form 6-K and related underwriting and warrant agreements are incorporated by reference into existing S-8 and F-3 registration statements.
C3is Inc. updates its F-1 prospectus with two July 2026 Form 6-Ks. Shareholders at the 2026 annual meeting re-elected two Class III directors, ratified Deloitte Certified Public Accountants S.A. as auditor, and approved charter amendments permitting one or more future reverse stock splits between one-for-two and one-for-1,000, if implemented by the board within three years.
The company discloses a 1-for-7 reverse stock split effective April 26, 2026, which reduced outstanding common shares from approximately 3.8 million to approximately 541,082, with cash paid instead of fractional shares. Historical share and earnings-per-share data have been retroactively adjusted, and $5,655 was reclassified from capital stock to additional paid-in capital.
C3is also completed a registered offering of 11,535,000 units, generating approximately $6.0 million in gross proceeds. The offering comprised 10,435,000 common units (one share plus one Class F warrant) and 1,100,000 pre-funded units (one pre-funded warrant plus one Class F warrant). Each Class F warrant has an initial exercise price of $0.52, with reset prices of $0.364 and $0.26 on specified trading days and proportional share increases, and includes cashless exercise features allowing up to 2.0 times the cash-exercise share amount. The underwriter exercised its option for 908,765 additional Class F warrants.
C3is Inc. updated its F-1 prospectus to include two recent reports. Shareholders at the July 2026 annual meeting re-elected two Class III directors, ratified Deloitte as auditor and approved amendments allowing one or more reverse stock splits of common stock at ratios between one-for-two and up to one-for-1,000, provided any such split is effected within three years.
The company previously effected a 1-for-7 reverse stock split on April 26, 2026, reducing outstanding common shares from about 3.8 million to about 541,082, with cash paid in lieu of fractions and no change to par value. All historical share and EPS data were retroactively adjusted.
On July 28, 2026, C3is completed a registered offering of 11,535,000 units, generating approximately $6.0 million in gross proceeds. The deal comprised 10,435,000 common units and 1,100,000 pre-funded units, each including a Class F Warrant. Class F Warrants have an initial $0.52 exercise price, one-year term, reset features to $0.364 and $0.26 on specified trading days with proportional share increases, and cashless exercise mechanics including a zero-cash option that can deliver twice the number of shares otherwise issuable.
C3is Inc. updated its F-1 prospectus to include two July 2026 reports. Stockholders re-elected two Class III directors, ratified Deloitte as auditor, and approved flexibility for one or more reverse stock splits within three years at ratios between one-for-two and one-for-1,000, in the aggregate not exceeding one-for-1,000.
The company previously effected a one-for-seven reverse stock split on April 26, 2026, reducing outstanding common shares from approximately 3.8 million to approximately 541,082. All historical share and earnings-per-share figures have been retroactively adjusted, with a $5,655 reclassification from capital stock to additional paid-in capital.
On July 28, 2026, C3is completed a registered underwritten offering of 11,535,000 units, including 10,435,000 common units (each one common share and one Class F warrant) and 1,100,000 pre-funded units (each one pre-funded warrant and one Class F warrant), generating approximately $6.0 million in gross proceeds. Class F warrants are exercisable immediately at an initial price of $0.52 per share, subject to reset on the 2nd and 5th trading days to $0.364 and $0.26, with proportional share increases and cashless exercise features, including a zero-cash option that can deliver up to 2.0 times the cash-exercise share amount.
C3is Inc. updates its F-1 prospectus to incorporate recent disclosures on a reverse stock split and a completed unit offering. On April 26, 2026, the company effected a 1-for-7 reverse stock split, reducing outstanding common shares from approximately 3.8 million to about 541,082, with no change to par value; $5,655 of aggregate par value was reclassified from capital stock to additional paid-in capital, and prior per‑share data were retroactively adjusted.
On July 28, 2026, C3is completed a registered offering of 11,535,000 units, including 10,435,000 common units and 1,100,000 pre‑funded units, generating approximately $6.0 million in gross proceeds before fees. Each common unit includes one common share and one Class F warrant; each pre‑funded unit includes a pre‑funded warrant with a $0.01 exercise price and one Class F warrant. Class F warrants are exercisable immediately, expire one year after issuance, have an initial exercise price of $0.52 with reset prices of $0.364 and $0.26, and include cashless and zero‑cash exercise features that can increase the number of underlying shares.
C3is Inc. is conducting a firm-commitment underwritten primary offering of 11,535,000 Units at $0.52 per Unit, each Unit consisting of one Common Share (or one pre-funded warrant in lieu of a share for certain purchasers) and one Class F Warrant to purchase Common Shares. Each Class F Warrant is immediately exercisable for cash at $0.52 per share, with reset features that may reduce the exercise price to $0.364 on the 2nd trading day and $0.26 on the 5th trading day after closing, while proportionally increasing the number of underlying Common Shares. The warrants include a zero-cash exercise option under which a holder may receive up to 2.0x the number of shares otherwise issuable, so if all Class F Warrants in the base deal are exercised on this basis up to 46,140,000 shares could be issued, and up to 49,775,060 shares including full exercise of the over-allotment warrants, without additional cash to C3is. Gross proceeds are approximately $5.998 million (or $6.471 million with full over-allotment), with net proceeds before expenses of about $5.64 million (or $6.08 million with over-allotment). Common Shares were 1,547,612 outstanding as of June 30, 2026; this is a baseline figure, not the amount being offered. C3is is an emerging growth, foreign private issuer operating a fleet of drybulk and tanker vessels and highlights extensive industry and geopolitical risk factors.
C3is Inc. reports first-quarter 2026 results showing strong operating gains. Adjusted net income rose 358% year-over-year to $5.5 million, adjusted EBITDA increased 132% to $6.9 million, and revenue was $11.6 million. The company closed the quarter with $27 million cash and had 541,088 common shares outstanding as of May 15, 2026.
The fleet comprised five vessels with total capacity of 260,671 dwt; on a pro forma basis after one additional MR product tanker delivery, capacity would be ~311,431 dwt. Management notes no outstanding bank debt and that remaining acquisition payments for two product tankers are payable within one year from their acquisition agreements.
C3is Inc. files a prospectus supplement incorporating a Form 6-K that furnishes its unaudited financial and operating results for the quarter ended March 31, 2026.
The Company reported Adjusted Net Income of $5.5 million (358% year-over-year increase), Adjusted EBITDA of $6.9 million (132% increase), revenues of $11.6 million, and a cash balance of $27 million. Shares outstanding were 541,088 as of May 15, 2026. The fleet consists of five vessels with total capacity of 260,671 dwt, and management notes delivery of an additional MR product tanker will increase pro forma capacity to 311,431 dwt. The Company states it has no outstanding bank debt and that remaining acquisition payments for recently acquired vessels are payable within one year of the acquisition agreements.
C3is Inc. filed a Prospectus Supplement to its Form F-1 to update the registration with the Company’s Form 6-K and to furnish unaudited results for the quarter ended March 31, 2026.
The supplement incorporates a press release showing Adjusted Net Income of $5.5M (a 358% year-over-year increase), Adjusted EBITDA of $6.9M, revenues of $11.6M, operating cash flow of $9.3M, and a cash balance of $27M. The filing also states 541,088 common shares outstanding as of May 15, 2026. The supplement is qualified by, and should be read together with, the May 13, 2026 prospectus.
C3is Inc. files a Prospectus Supplement to its Form F-1 to incorporate a Form 6-K and to disclose unaudited Q1 2026 results. The Company reported $5.5 million of Adjusted Net Income (a 358% year-over-year rise), $6.9 million of Adjusted EBITDA, and revenues of $11.6 million for the quarter ended March 31, 2026.
The supplement also states 541,088 common shares outstanding as of May 15, 2026, a cash balance of $27 million, no outstanding bank debt, and delivery of one newly acquired product tanker in early Q2 with a second expected in Q3 2026.
C3is Inc. entered an At-The-Market issuance sales agreement to sell up to $98 million of common shares through Aegis Capital Corp. under an existing Form F-3 registration statement, with timing and amounts determined at the company’s sole discretion.
The company stated proceeds are intended for working capital and general corporate purposes, which may include part of the purchase price for two MR product tankers the company has contracted. The Sales Agreement and legal opinion are filed as exhibits.
C3is Inc. enters an At-The-Market facility to sell up to $98 million of common shares. The Sales Agreement with Aegis Capital Corp., dated February 25, 2026, permits the company to sell shares from time to time under its effective Form F-3 registration.
The company states proceeds are intended for working capital and general corporate purposes, which may include partial payment for two MR product tankers the company has contracted or other vessel acquisitions.
C3is Inc. filed a prospectus supplement and Form 6-K announcing an At-The-Market (ATM) sales agreement permitting up to $98 million of common stock to be sold through Aegis Capital Corp. under the company’s effective Form F-3 registration statement.
The company may sell shares at its discretion and intends to use net proceeds for working capital and general corporate purposes, which may include payment toward two contracted MR product tankers or other vessel acquisitions. The offering will be made pursuant to the previously declared effective registration statement and related prospectus materials.
C3is Inc. launches an at-the-market (ATM) facility to sell up to $98 million of common shares through Aegis Capital Corp. The Company may sell shares from time to time at its discretion under an At-The-Market Issuance Sales Agreement dated February 25, 2026, using a Registration Statement on Form F-3 declared effective March 6, 2025.
The Company intends to use proceeds for working capital and general corporate purposes, which may include payment of part of the purchase price for two MR product tankers or other vessel acquisitions. Sales will be made pursuant to prospectus supplements to the effective registration statement.
C3is Inc. proposes an at-the-market offering of up to $98,000,000 of common stock under a Sales Agreement with Aegis Capital Corp., allowing sales from time to time on Nasdaq or by other permitted methods.
The Sales Agent will receive a 2.0% commission on amounts sold. Proceeds are intended for working capital and potential vessel acquisitions, including two MR product tankers with combined purchase prices of $39.78 million; timing and amounts sold will vary with market conditions.
C3is Inc. filed a Prospectus Supplement dated February 19, 2026 that attaches a Form 6-K reporting unaudited financial results for the three and twelve months ended December 31, 2025.
The Company reported a Net Income of $10.5 million for 2025 (an increase of 481% versus 2024) and EBITDA of $17.0 million (an increase of 244%). Cash at year-end was $14.9 million after repaying a $15.1 million seller-financing balance on the Eco Spitfire. The fleet totals four vessels with combined capacity of 213,464 dwt; on a pro forma basis after two agreed MR product tanker deliveries the fleet capacity would be approximately 310,667 dwt. A conference call and webcast were scheduled for February 19, 2026.
C3is Inc. files a Prospectus Supplement to its Form F-1 and furnishes a Form 6-K updating its registration materials and attaching unaudited financial results for the three and twelve months ended December 31, 2025.
The Company reported a Net Income of $10.5 million and EBITDA of $17.0 million for 2025 (management states increases of 481% and 244%, respectively, versus 2024). It ended the year with $14.9 million in cash after repaying $15.1 million of seller financing and reports a fleet capacity of 213,464 dwt, pro forma 310,667 dwt after two MR product tankers expected in 2026.
C3is Inc. files a prospectus supplement that incorporates a Form 6-K furnishing its unaudited results for the three and twelve months ended December 31, 2025.
The Company reported Net Income of $10.5 million and EBITDA of $17.0 million for 2025, ended the year with $14.9 million in cash after repaying a $15.1 million seller-financing balance, and disclosed plans to acquire two MR product tankers with scheduled deliveries in 2026. The filing restates fleet capacity: four vessels totaling 213,464 dwt and a pro forma six-vessel capacity of 310,667 dwt.
C3is Inc. reported unaudited results for the quarter and year ended December 31, 2025, showing a Net Income of $10.5 million for 2025 and EBITDA of $17.0 million. Management attributes the improvements to fleet expansion and operational efficiency, and ended the year with $14.9 million in cash after repaying $15.1 million on the Eco Spitfire.
The Company owns four vessels with combined capacity of 213,464 dwt and has agreements to acquire two MR product tankers, which would raise pro forma fleet capacity to approximately 310,667 dwt. A conference call and webcast were scheduled for February 19, 2026.
C3is Inc. has implemented a one-for-20 reverse stock split of its common stock, effective as of 11:59 p.m. Eastern time on January 25, 2026. The split reduced the number of outstanding common shares from approximately 24.7 million to approximately 1.23 million and applied to all issued and outstanding shares.
No fractional shares were issued; stockholders who would otherwise hold a fractional share receive a cash payment instead. The company’s outstanding warrants and 5.00% Series A Cumulative Convertible Perpetual Preferred Stock are being proportionately adjusted so that exercise and conversion prices increase and the number of shares issuable decreases, with additional adjustments tied to the lowest daily volume weighted average price around the effective date. The reverse split does not change the par value or authorized number of common or preferred shares, and the stock continues to trade on the Nasdaq Capital Market under the symbol “CISS” with a new CUSIP.
C3is Inc. filed a prospectus supplement that incorporates a new Form 6-K describing a reverse stock split of its common shares. Effective as of 11:59 p.m. Eastern time on January 25, 2026, the company implemented a one-for-20 reverse stock split of its common stock, reducing the number of outstanding common shares from approximately 24.7 million to approximately 1.23 million.
The split affected all outstanding common shares, with holders who would otherwise receive fractional shares instead receiving a cash payment. The company’s outstanding warrants and Series A Convertible Preferred Stock are being proportionately adjusted for share counts and exercise or conversion prices, with additional formula-based adjustments tied to trading prices around the effective date. The common shares continue to trade on Nasdaq under the symbol CISS and now carry a new CUSIP number.
C3is Inc. has implemented a one-for-20 reverse stock split of its common stock, effective as of 11:59 p.m. Eastern time on January 25, 2026. This corporate action reduced the number of outstanding common shares from approximately 24.7 million to approximately 1.23 million, while leaving the $0.01 par value and authorized share counts unchanged.
No fractional shares were issued; stockholders who would have held fractional shares instead receive a cash payment based on the closing Nasdaq price on the trading day before the split became effective. The company’s common stock continues to trade on the Nasdaq Capital Market under the symbol “CISS” with a new CUSIP number Y18284 177. Outstanding warrants and Series A Convertible Preferred Stock are being proportionately adjusted so that the exercise and conversion economics remain consistent with their original aggregate exercise price.
C3is Inc. filed a prospectus supplement that incorporates a new Form 6-K describing a recently completed reverse stock split. Effective as of 11:59 p.m. Eastern time on January 25, 2026, the company implemented a one-for-20 reverse stock split of its common stock. This reduced the number of outstanding common shares from approximately 24.7 million to approximately 1.23 million, while the par value and other terms of the common stock remained unchanged.
No fractional shares were issued; holders who would otherwise receive a fraction received cash instead. Outstanding warrants and 5.00% Series A Convertible Preferred Stock were proportionately adjusted for the split, and certain warrant exercise and preferred conversion prices will be further adjusted based on the lowest daily volume weighted average price over a specified 10‑trading‑day window around the effective date. The post-split common shares trade on the Nasdaq Capital Market under the symbol CISS with a new CUSIP number Y18284 177.
C3is Inc. has approved a one-for-twenty reverse stock split of its common stock to help meet Nasdaq’s minimum bid price requirement and maintain its listing. The split will take effect at 11:59 pm Eastern Time on January 25, 2026, and the shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market on January 26, 2026.
Every 20 issued common shares will be combined into one share, keeping the par value at $0.01 per share and reducing the number of outstanding shares from approximately 20.5 million to approximately 1.02 million. Outstanding warrants and Series A Convertible Preferred Stock will be proportionately adjusted, with additional adjustment mechanics for Class B and Class C Warrants over a brief post‑effective period. Stockholders will receive cash instead of any fractional shares, based on the closing price on January 23, 2026.
C3is Inc. is implementing a one-for-twenty reverse stock split of its common stock to help meet Nasdaq’s minimum bid price requirement and maintain its listing. The split will take effect at 11:59 pm Eastern Time on January 25, 2026, and the shares will begin trading on a split-adjusted basis on Nasdaq on January 26, 2026.
Every 20 issued shares of common stock will be combined into one share, reducing the number of outstanding shares from approximately 20.5 million to approximately 1.02 million, without changing the $0.01 par value. Fractional shares will not be issued; instead, affected stockholders will receive cash based on the January 23, 2026 closing price. The company’s outstanding warrants and Series A Convertible Preferred Stock will be proportionately adjusted, with additional warrant adjustments through the fifth trading day after the effective time.
C3is Inc. is implementing a one-for-twenty reverse stock split of its common stock to help meet Nasdaq’s minimum bid price requirement and maintain its listing. Every 20 existing common shares will be combined into 1 share, reducing the number of outstanding shares from approximately 20.5 million to approximately 1.02 million, without changing the $0.01 par value per share. The split takes effect at 11:59 pm Eastern Time on January 25, 2026, and the stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market on January 26, 2026. Fractional share positions will be cashed out based on the closing price on January 23, 2026, and warrants and preferred stock will be proportionately adjusted.
C3is Inc. is updating its existing prospectus to include a new corporate action: a one-for-twenty reverse stock split of its common stock. Every twenty existing shares will be combined into one share, with no change to the $0.01 par value. This will reduce the number of outstanding common shares from approximately 20.5 million to approximately 1.02 million once the split takes effect at 11:59 pm Eastern Time on January 25, 2026.
The company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market on January 26, 2026. Stockholders who would otherwise receive fractional shares will instead be paid cash based on the closing price on January 23, 2026. Outstanding warrants and Series A Convertible Preferred Stock, including Class B and Class C Warrants, will be proportionately adjusted in exercise price and shares issuable, with an additional adjustment period for certain warrants after the effective time. The stated goal of the reverse split is to increase the share price and help meet Nasdaq’s minimum bid price requirement for continued listing.
C3is Inc. filed a prospectus supplement that incorporates a new Form 6-K detailing an agreement to acquire a 2011 South Korean-built product tanker with 47,203 dwt capacity for $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The deal with this related party was approved by the Company’s independent directors, who relied on independent vessel valuations and used the average valuation price.
The vessel is expected to be delivered between Q1 and Q2 2026, and C3is has the option to pay the purchase price one year after the purchase agreement date without interest. After delivery of this tanker and a previously announced pending product tanker acquisition, the Company’s fleet is expected to total six vessels with an aggregate capacity of 310,667 dwt across drybulk, Aframax oil, and product tanker segments.
C3is Inc. is updating its existing prospectus to include a new report describing a fleet expansion. The company has agreed to acquire a 2011 South Korean-built product tanker with 47,203 deadweight tons capacity for a purchase price of $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The agreement was approved by the company’s independent directors after obtaining independent vessel valuations and using the average of those valuations as the price basis.
The vessel is expected to be delivered between Q1 and Q2 2026, and C3is has the option to pay the purchase price one year after the purchase agreement date without interest. After the delivery of this vessel and another previously announced product tanker acquisition, the fleet is expected to comprise six vessels with a total capacity of 310,667 deadweight tons across drybulk carriers, an Aframax oil tanker, and two product tankers.
C3is Inc. has agreed to acquire a 2011 South Korean-built product tanker with 47,203 deadweight tons (dwt) capacity for a purchase price of $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The transaction with Brave Maritime, which is affiliated with members of the Vafias family, was approved by the Company’s independent directors after obtaining independent vessel valuations and using the average of those values as the reference price.
The vessel is expected to be delivered between Q1 and Q2 2026, and C3is has the option to pay the purchase price one year after the purchase agreement date without interest, giving it additional payment flexibility. After this delivery and another previously announced product tanker acquisition, and assuming no other fleet changes, C3is expects to operate six vessels with total capacity of 310,667 dwt, including three Handysize drybulk carriers, one Aframax oil tanker and two product tankers. The Form 6-K describing this transaction is incorporated into the company’s existing registration statements and prospectus.
C3is Inc. filed a prospectus supplement to update its existing offering documents with new information about a vessel purchase. Through an attached Form 6-K, the company reports an agreement to acquire a 2011 South Korean-built product tanker with 47,203 deadweight tons capacity for $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The deal was approved by the company’s independent directors, who obtained independent valuations and used the average of those values to set the price.
The vessel is expected to be delivered between Q1 and Q2 2026, and C3is has the option to pay the purchase price one year after the agreement date without interest. After this vessel is delivered, and assuming only the previously announced product tanker acquisition also closes, C3is expects to operate a fleet of six vessels with total capacity of 310,667 deadweight tons, including three Handysize drybulk carriers, one Aframax oil tanker and two product tankers.