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0.0166112956810631 0.00996677740863793 0.00996677740863793 0.0199335548172757 0.0132890365448505 0.00996677740863793 0 -0.0033222591362126
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C3is Inc. Announces Closing of $6.0 Million Underwritten Public Offering [Yahoo! Finance]

C3is Inc. (CISS) 
Company Research Source: Yahoo! Finance
tanker seaborne transportation services, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately $6.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consisted of 120,000,000 Common Units or Pre-Funded Units, each consisting of one share of common stock (“Common Share”) or Pre-Funded Warrant, one half of a Class C-1 Warrant to purchase one Common Share at an exercise price of $0.075 per share (or 150% of the price of each Common Unit sold in the offering) or pursuant to an alternative cashless exercise option, which warrant will expire on the five-year anniversary of the original issuance date (the "Class C-1 Warrants") and one Class C-2 Warrant to purchase one Common Share at an exercise price of $0.085 per share (or 170% of the price of each Common Unit sold in the offering) which warrant will expire on the five-year anniversary of the original Show less Read more
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