C3is Inc. Announces Pricing of $6.0 Million Underwritten Public Offering
C3is Inc. announced the pricing of a $6.0 million underwritten public offering of 11,535,000 units at $0.52 per unit, each consisting of one common share (or pre-funded warrant) and one Class F warrant.
Why it matters — This capital raise provides C3is with additional funding, while the inclusion of warrants means potential future dilution for existing shareholders.