C3is Inc

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C3is, Inc. is a holding company that engages in the provision of seaborne transportation services to dry bulk charterers through its subsidiaries. It offers services to dry bulk charterers such as national and private industrial users, commodity producers, and commodity traders. The company was founded on July 25, 2022 and is headquartered in Athens, Greece.

ATHENS, Greece, June 23, 2023 (GLOBE NEWSWIRE) -- C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2023. These financial results were prepared on a carve-out basis from the financial statements of Imperial Petroleum Inc., which was our parent company prior to the completion of our spin-off on June 21, 2023, and, accordingly, do not reflect any adjustments for the spin-off, the issuance of our common shares and Series A Convertible Preferred Shares, and the $5.0 million working capital contribution to the Company from Imperial Petroleum Inc. in conjunction therewith.

C3is Inc. Reports First Quarter 2023 Financial and Operating Results

News for C3is Inc Stock (CISSV)