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$CISS

2 stories mentioning CISSUpdated 46d ago

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Equities

Top Premarket Gainers

C3is (CISS) stock was up more than 65% in Wednesday's premarket activity after closing Tuesday with a 21% decreaseBluejay Diagnostics (BJDX) shares were 38% higher pre-bell, extending an over 5% rise in the previous session.Julong (JLHL) stock was up 37% after a 12% loss at the prior close.Gran Tierra Energy (GTE) shares were 48% higher after the company agreed to sell its oil business in Colombia and Ecuador to French oil and natural gas exploration and production company Maurel & Prom for an enterprise value of $1.33 billion.Jin Medical International (ZJYL) stock was up more than 28% following the release of its fiscal H1 results.

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Wire

C3is Prices Public Offering of 11.5 Million Units

C3is (CISS) said Monday it has priced an underwritten public offering of 11.5 million units at $0.52 per unit, with each unit consisting of one common share or a pre-funded warrant and one Class F warrant.The seaborne transportation provider expects approximately $6 million in gross proceeds and anticipates closing the transaction on or about July 28, subject to customary closing conditions, the company said.The one-year Class F warrants carry an initial $0.52 exercise price, subject to downward adjustments on the second and fifth trading days following the closing; they also include a zero-cash exercise option, C3is said.Sole book-running manager Maxim Group has been granted a 45-day option to acquire up to 908,765 additional common shares or warrants, the company added.Shares of the company were down nearly 76% in Monday trading.Price: $0.12, Change: $-0.40, Percent Change: -77.74%

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