C3is Inc. Completes $2 Million Registered Direct Offering with Institutional Investors

C3is Inc. (NASDAQ: CISS), a ship-owning company providing dry bulk and tanker seaborne transportation services, has completed a significant capital raise through a registered direct offering with institutional investors. The company sold 800,000 shares of common stock at $2.50 per share, generating gross proceeds of approximately $2 million in the transaction that closed on October 9, 2025. This financing represents a strategic move to strengthen the company's financial position as it continues to operate in the competitive maritime transportation sector.

The net proceeds from this offering, combined with existing cash reserves, will be allocated toward general corporate purposes and working capital requirements. This capital infusion comes at a time when shipping companies face ongoing operational challenges and capital-intensive maintenance requirements for their vessel fleets. The successful completion of this offering demonstrates institutional investor confidence in C3is's business model and future prospects within the global shipping industry.

Aegis Capital Corp. served as the exclusive placement agent for the offering, bringing their expertise in structuring and executing direct investment transactions. Legal representation for the transaction included Goodwin Procter LLP acting as U.S. counsel to C3is, while Kaufman & Canoles, P.C. provided legal services to Aegis Capital Corp. The involvement of these established financial and legal firms underscores the professional execution of this capital raise transaction.

For additional details about this transaction, investors can access the complete announcement at https://ibn.fm/yQirC. C3is maintains its corporate information and investor relations materials at https://c3is.pro/, providing stakeholders with comprehensive resources about the company's operations and financial performance. The successful completion of this $2 million offering positions C3is with enhanced financial flexibility to navigate market conditions and pursue strategic opportunities in the maritime transportation sector.