Watch for the pricing date and final offering size in the next 1-2 days. The effectiveness notice typically precedes pricing by 1-2 business days. Given the company's dilutive history, expect the offering to be fully placed, likely at a steep discount to the current market price.
Price Chart
Executive Summary
C3is Inc.'s F-1 registration statement (File 333-276868) became effective on October 16, 2026, clearing the way for its US IPO of up to $13.8 million in common shares, pre-funded warrants, and Class F warrants. The company can now price and launch the offering, which will create immediate dilution for existing shareholders given its ~$1M market cap and history of repeated capital raises.
Key Facts
- Effectiveness date: October 16, 2026
- Registration covers up to $13.8 million in total securities
- Offering includes common shares (or pre-funded warrants) and Class F warrants
- Maximum aggregate offering price of $6.9 million for common shares/pre-funded warrants
- Company has a history of 24 offering/registration filings in the last 24 months
Financial Impact
Up to $13.8 million in new securities registered; $6.9 million cap on common/pre-funded warrant portion. For a ~$1M market cap company, this represents massive potential dilution.
Risk Factors
- Immediate and severe dilution to existing shareholders
- Pattern of repeated dilutive capital raises destroying shareholder value
- Potential for the stock to trade down as the offering is priced and shares hit the market
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-003267 |
| Document: 9999999995-26-003267-index.html | 9999999995-26-003267 |
| Document: 9999999995-26-003267.txt | 9999999995-26-003267 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | EFFECT | $0.5490 | awaiting T+60 | — | $0.4790 (+12.75%) |
Oct 19, 2026 7d ago | EFFECT | $0.5490 | awaiting T+60 | — | $0.4790 (+12.75%) |
Oct 19, 2026 7d ago | EFFECT | $0.5490 | awaiting T+60 | — | $0.4790 (+12.75%) |
Oct 5, 2026 20d ago | SC 13G/A | $0.8890 | awaiting T+60 | — | $0.4790 (−46.12%) |
Oct 5, 2026 21d ago | SC 13G/A | $0.8630 | awaiting T+60 | — | $0.4790 (+44.50%) |
Oct 2, 2026 24d ago | SC 13G/A | $0.8310 | awaiting T+60 | — | $0.4790 (+42.36%) |
Sep 29, 2026 27d ago | 6-K | $0.9502 | awaiting T+60 | — | $0.4790 (−49.59%) |
Aug 17, 2026 9w ago | 6-K | $0.0685 | awaiting T+60 | — | $0.4790 (+599.27%) |
Jul 23, 2026 13w ago | F-1/A | $0.5201 $0.0137 | ▲ +97.36% | ▲ +101.09% | $0.4790 (+7.90%) |
Jul 22, 2026 13w ago | 6-K | $0.9620 $0.0133 | ▼ −98.61% | ▼ −102.01% | $0.4790 (−50.21%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers