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To be effective April 4, 2025 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, Greece, April 02, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (the "Company") (NASDAQ:CISS) today announced that its board of directors has determined to effect a one-for-six (1-for-6) 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 April 3, 2025, and the Company's common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market ("Nasdaq") as of the opening of trading on April 4, 2025. The CUSIP number of Y18284 169 will be assigned to the Compan
ATHENS, Greece, March 11, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time charters of short-term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $43,000 per day.All of our vessels are unencumbered.Fleet operational utilization of 90.2% for the three months ended Decembe
ATHENS, Greece, March 07, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing seaborne transportation services, announced today that it will release its fourth quarter and full year financial results for the period ended December 31, 2024 after the market opens in New York on March 11, 2025. On March 11, 2025 at 10:00 am ET, the company's management will host a conference call to present the results and the company's operations and outlook. Slides and audio webcast: There will also be a live and then archived webcast of the conference call, through the C3is Inc. website (www.c3is.pro). Participants to the live webcast should register on the
ATHENS, Greece, March 11, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time charters of short-term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $43,000 per day.All of our vessels are unencumbered.Fleet operational utilization of 90.2% for the three months ended Decembe
ATHENS, Greece, March 07, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing seaborne transportation services, announced today that it will release its fourth quarter and full year financial results for the period ended December 31, 2024 after the market opens in New York on March 11, 2025. On March 11, 2025 at 10:00 am ET, the company's management will host a conference call to present the results and the company's operations and outlook. Slides and audio webcast: There will also be a live and then archived webcast of the conference call, through the C3is Inc. website (www.c3is.pro). Participants to the live webcast should register on the
ATHENS, Greece, Nov. 18, 2024 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ:CISS) (the "Company"), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTS Our handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $48,000 per day. All our handysize dry bulk carriers and our Aframax tanker are unencumbered. Fleet operational utiliz
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