CISS - Mergers and acquisitions

ATHENS, Greece, Jan. 22, 2026 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today the expansion of its fleet by entering into two Memoranda of Agreement for the acquisition of two MR product tankers with an approximate capacity of 50,000 dwt per vessel, both built in South Korea in 2008 and 2011, respectively (the "Transaction" or the "Acquisitions"). The purchase price is $16.88 million for the 2008-built tanker and $22.90 million for the 2011-built tanker. The vessels are expected to be delivered to the Company between the first and third quarters of 2026. Following completion

ATHENS, Greece, July 17, 2023 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company") announced today that it has entered into an agreement to acquire for $43 million the M/T Stealth Berana, an Aframax oil tanker, built at Samsung shipyard, South Korea in 2010, with a cargo carrying capacity of approximately 115,800 dwt, from Imperial Petroleum Inc. Payment of 10% of the purchase price has been effected, with the remaining balance due within one year following the vessel's delivery, which took place on the 14th of July . The vessel is currently trading in the spot market. The transaction with Imperial Petroleum Inc., which is an affiliated company, was approved by the Company's audit