C3is Inc (CISS)

[tigerpac]

After offering and assuming underwriter exercises his overallotment, OS increases from 42 million to 182 million shares.

Company has already approved a reverse split if it does not meet Nasdaq compliance on price (6 mo extension just granted).

R/S ranges from 1:2 to 1:500.

AS remains at 2 billion. Lots of preferred stock that can be converted to common.

All this to pay Harry’s other company , IMPP.