C3is Inc. Announces Pricing of $5 Million Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2023
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Should l Buy CISS?
Source: globenewswire
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Analyst Views on CISS
About CISS
C3is Inc. is a Greece-based entity, incorporated in Marshall Islands, primarily engaged in seaborne transportation services to drybulk charterer for both national and private clients. The Company acts as a holding company and operates through its two subsidiaries. The Company's fleet consists of two handysize drybulk carriers: Eco Bushfire and Eco Angelbay.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Management Connections Revealed: The SEC filing indicates that Harry N. Vafias, chairman and CEO of Imperial Petroleum, also serves as non-executive chairman of C3is, owning 5,028 shares through Arethusa Properties Ltd. and Flawless Management Inc., highlighting management ties that could influence investor confidence.
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- Stock Price Movement: Following the earnings report, Rambus shares fell 14.2% in pre-market trading to $97.59, reflecting negative market sentiment regarding the company's future performance and possibly prompting short-term investor sell-offs.
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See More
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