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Recent Updates — CISS

July 28, 2026View Source ↗

On July 28, 2026, C3is Inc. completed a registered offering of 11,535,000 units, generating approximately $6.0 million in aggregate gross proceeds. The offering consisted of 10,435,000 common units, each comprising one common share and one Class F Warrant, and 1,100,000 pre-funded units, each comprising one pre-funded warrant and one Class F Warrant. The company granted the underwriter an option to purchase additional shares and warrants to cover over-allotments, which was exercised for 908,765 Class F Warrants. The Class F Warrants have an initial exercise price of $0.52, subject to downward resets to $0.364 and $0.26 on the second and fifth trading days following closing. C3is Inc. operates in the cybersecurity industry, providing AI-driven security solutions for cloud and enterprise environments.

July 27, 2026View Source ↗

C3is Inc. priced an underwritten public offering of 11,535,000 units at $0.52 per unit, expected to generate approximately $6.0 million in gross proceeds. Each unit includes one common share or pre-funded warrant and one Class F warrant with a one-year expiration. Warrants feature an initial exercise price of $0.52, subject to downward adjustments to 70% and 50% of the initial price on the second and fifth trading days following the closing. Maxim Group LLC is serving as the sole book-running manager. The offering is anticipated to close around July 28, 2026. C3is Inc. is a technology company providing cybersecurity solutions.

July 22, 2026View Source ↗

At its 2026 Annual Meeting of Stockholders held on July 17, 2026, C3is Inc. stockholders' approved one or more reverse stock splits of common stock at a ratio between 1-for-2 and 1-for-1,000. Additionally, the company's previous 1-for-7 reverse split, which was effective on April 26, 2026, reduced outstanding shares from 3.8 million to approximately 541,082. C3is Inc. operates in the technology sector, providing digital identity and identity-based security solutions.