Security
C3is Inc. Common Stock · CISS
CISSNASDAQCommon stockCurrentCIK 1951067Updated Oct 4, 2026
CISS price & chart
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NASDAQ:CISS on TradingView ↗About the company
We are a provider of international seaborne transportation services to drybulk charterers, including major national and private industrial users, commodity producers and traders. As of the date of this prospectus, we own and operate a fleet of five vessels, comprising three drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks such as bauxite, phosphate and fertilizers, an Aframax crude oil tanker that transports crude oil and a product tanker that transports refined petroleum products. The total cargo carrying capacity of our fleet is 260,671 dwt. On a pro forma basis following the delivery of one additional MR product tanker that we have agreed to acquire, with expected delivery in the third quarter of 2026, our fleet will consist of six vessels: three Handysize dry bulk carriers, one Aframax tanker, and two MR product tankers, with a total carrying capacity of approximately 311,431 dwt.
In the news
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 98,486,630Source | 100,489,163Source | 95,472,015Source | 39,859,671Source |
| Property, Plant and Equipment, NetUSD | 77,647,921Source | 84,149,805Source | 75,161,431Source | 38,836,151Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 616,640Source | 4,640,343Source | 695,288Source | — |
| Inventory, NetUSD | 1,312,062Source | 884,148Source | 689,269Source | 165,645Source |
| Assets, CurrentUSD | 20,838,709Source | 16,339,358Source | 20,310,584Source | 1,023,520Source |
| Prepaid Expense and Other Assets, CurrentUSD | 15,378Source | 21,951Source | 80,267Source | 36,340Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,387,016Source | 29,127,908Source | 39,928,166Source | 965,466Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 6,597Source | 7,065Source | 874Source | — |
| Additional Paid in CapitalUSD | 90,601,172Source | 71,091,138Source | 47,191,056Source | — |
| Retained Earnings (Accumulated Deficit)USD | 4,485,845Source | 257,052Source | 8,345,919Source | — |
| Stockholders' Equity Attributable to ParentUSD | 95,099,614Source | 71,361,255Source | 55,543,849Source | 38,894,205Source |
| Liabilities and EquityUSD | 98,486,630Source | 100,489,163Source | 95,472,015Source | 39,859,671Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,357,855Source | 18,690,874Source | 39,928,166Source | 965,466Source |
| Operating Lease, Liability, CurrentUSD | 24,751Source | 28,768Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 911,201Source | 1,272,095Source | 634,297Source | 173,324Source |
| Dividends PayableUSD | 354,167Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 375,224Source | 337,855Source | 37,638Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,447,445Source | -7,628,055Source | 9,768,670Source | — |
| Increase (Decrease) in InventoriesUSD | 427,914Source | 194,879Source | 523,624Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,001,822Source | 24,976,137Source | 5,639,144Source | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -6,537,193Source | -1,360,335Source | -12,426,450Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 161,900Source | 1,623,125Source | 4,300,000Source | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,488,332Source | -19,670,747Source | 7,482,594Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -4,023,703Source | 3,945,055Source | 695,288Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 616,640Source | 4,640,343Source | 695,288Source | 0Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,190,000Source | — | — | — |
| Additional Financial Items | ||||
| DepreciationUSD | 6,501,884Source | 6,177,651Source | 4,104,720Source | — |
| Dividends PayableUSD | 354,167Source | — | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -63,677Source | -160,262Source | 195,675Source | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 0Source | -156,921Source | 241,967Source | — |
| Investment Income, InterestUSD | 327,840Source | 950,816Source | 36,107Source | — |
| Net Income (Loss) Attributable to ParentUSD | 10,473,210Source | -2,748,367Source | 9,291,912Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 4,183,254Source | -8,088,867Source | 8,527,420Source | — |
| Nonoperating Income (Expense)USD | 9,108,780Source | -12,810,333Source | -1,136,049Source | — |
| Operating ExpensesUSD | 33,391,182Source | 32,234,135Source | 18,311,021Source | — |
| Proceeds from Contributions from ParentUSD | 0Source | — | 3,305,083Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 34,755,612Source | 42,296,101Source | 28,738,982Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 34,755,612Source | 42,296,101Source | 28,738,982Source |
| Operating Income (Loss)USD | 1,364,430Source | 10,061,966Source | 10,427,961Source |
| Net Income (Loss) Attributable to ParentUSD | 10,473,210Source | -2,748,367Source | 9,291,912Source |
| Earnings Per Share, BasicUSD per share | 46.5Source | -25.73Source | 157.28Source |
| Earnings Per Share, DilutedUSD per share | 3.98Source | -25.73Source | 63.08Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 89,967Source | 314,341Source | 54,217Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 350,055Source | 314,341Source | 146,116Source |
| Additional Financial Items | |||
| Cost of Property Repairs and MaintenanceUSD | 1,057,577Source | 949,259Source | 417,680Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -63,677Source | -160,262Source | 195,675Source |
| Investment Income, InterestUSD | 327,840Source | 950,816Source | 36,107Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 4,183,254Source | -8,088,867Source | 8,527,420Source |
| Nonoperating Income (Expense)USD | 9,108,780Source | -12,810,333Source | -1,136,049Source |
| Operating ExpensesUSD | 33,391,182Source | 32,234,135Source | 18,311,021Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 1.27Source | 0.63Source | 0.67Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 34,755,612Source | 42,296,101Source | 28,738,982Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | -45,539Source | — | -188,357Source |
Offerings
Registration 333-297627
- Gross proceeds
- 6470757.8
- Net proceeds
- 6082512.332
- Deal price
- 0.52
- Shares
- 12443765
- Offering price
- $0.52
- Ticker
- CISS
Registration 333-272939
Registration 333-276430
Registration 333-276868
Registration 333-290011
Filing attachments
d347909dex991.htm · 6-K · 2026-09-29
Exhibit 99.1 C3IS INC. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion of our financial condition and results of operations for the Overview C3is Inc. is a ship-owning company providing international seaborne transportation services to drybulk charterers, including major national and private industrial users, commodity producers and traders, and since the third quarter of 2023 to oil producers, refineries and commodities t…
Read attachment ↗d42352dex991.htm · 6-K · 2026-08-27
Exhibit 99.1 C3is Inc. C3is Inc. reports second quarter and six months 2026 financial and operating results Athens, Greece, August 27, 2026 - C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk, crude oil and petroleum products seaborne transportation services, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2026. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time…
Read attachment ↗d70076dex41.htm · 6-K · 2026-08-19
Exhibit 4.1 ARTICLES OF AMENDMENT TO AMENDED AND RESTATED ARTICLES OF INCORPORATION OF C3IS INC. Under Section 90 of the Republic of the Marshall Islands Business Corporations Act C3IS INC., a corporation incorporated in and existing under the law of the Republic of the Marshall Islands (the “Corporation”), hereby certifies as follows: (a) The name of the Corporation is: C3IS INC. (b) The Corporation was originally incorporated by filing Articles of Incorporation in the Republic of The…
Read attachment ↗d70076dex42.htm · 6-K · 2026-08-19
Exhibit 4.2 COMMON STOCK CUSIP No. Y18284 409 Certificate Number Shares C3IS INC. FORMED UNDER THE LAWS OF THE REPUBLIC OF THE MARSHALL ISLANDS THIS CERTIFIES THAT _______________________________________ is the owner of _______________________________________________ FULLY-PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE, OF C3is Inc. (hereinafter called the “Company”), transferable on the books of the Company by the holder hereof in person or by duly au…
Read attachment ↗d124299dex991.htm · 6-K · 2026-08-17
Exhibit 99.1 C3IS INC. ANNOUNCES REVERSE STOCK SPLIT To be effective August 19, 2026 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, GREECE - August 17, 2026 - C3IS INC. (the “Company”) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par value $0.01 per share. The reverse stock split will take effect at 11:59 pm Eastern Time on August 1…
Read attachment ↗d165772dex41.htm · 6-K · 2026-07-28
Exhibit 4.1 CLASS F COMMON SHARE PURCHASE WARRANT C3IS INC. Warrant Shares: _______ Initial Exercise Date: July 28, 2026 ───────────────────────────────────────────────────────────────────── THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the Initial Exercise Date and…
Read attachment ↗