C3is investor Timothy Horne reports 9.07% stake
C3is Inc. (CISS) has a new significant shareholder disclosure, as Timothy P. Horne reported beneficial ownership of 135,000 shares of the company’s common stock.
Rhea-AI Filing Summary
C3is Inc. (CISS) has a new significant shareholder disclosure, as Timothy P. Horne reported beneficial ownership of 135,000 shares of the company’s common stock. This represents 9.07% of the outstanding common shares, all held with sole voting and dispositive power.
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Key Figures
Shares beneficially owned: 135,000 shares
Percent of class: 9.07%
Sole voting power: 135,000 shares
+3 more
6 metrics
Shares beneficially owned
135,000 shares
Common Stock, no par value, reported as beneficially owned by Timothy P. Horne
Percent of class
9.07%
Percentage of C3is Inc. common stock beneficially owned by Timothy P. Horne
Sole voting power
135,000 shares
Shares over which Timothy P. Horne has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which Timothy P. Horne has shared power to vote or direct the vote
Sole dispositive power
135,000 shares
Shares over which Timothy P. Horne has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which Timothy P. Horne has shared power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, dispositive power
3 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 135,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 135,000"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 135,000"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What percentage of C3is Inc. (CISS) does Timothy P. Horne beneficially own?
Timothy P. Horne beneficially owns 9.07% of C3is Inc.’s common stock. This percentage is based on his reported holdings of 135,000 shares of common stock with sole voting and dispositive power.
What class of C3is Inc. (CISS) securities is covered by this Schedule 13G?
The Schedule 13G covers C3is Inc. Common Stock, no par value. Timothy P. Horne’s beneficial ownership relates solely to this class of securities.
Who is the reporting person in this C3is Inc. (CISS) Schedule 13G and what is his citizenship?
The reporting person is Timothy P. Horne. The filing identifies his citizenship as the United States and lists his principal office or residence in Rye, New Hampshire.
AI-generated analysis. How Rhea-AI works. Not financial advice.