SCHEDULE: Wexford Capital Boosts C3is Inc. Stake to 7.02%
Beneficial Ownership Report
Wexford Capital LP and affiliated entities have increased their beneficial ownership in C3is Inc. to 7.02% of outstanding common stock.
Summary
- Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, and Joseph M. Jacobs (collectively, the "Reporting Persons") have filed an Amendment No. 1 to their Schedule 13G.
- The Reporting Persons beneficially own an aggregate of 112,014 shares of C3is Inc. Common Stock.
- This ownership represents 7.02% of the class, calculated based on 1,596,407 shares of Common Stock issued and outstanding as reported by C3is Inc. on September 26, 2025.
- The beneficial ownership is held through Wexford Funds, specifically Wexford Spectrum Trading Limited, Wexford Catalyst Trading Limited, and Wexford Focused Trading Limited.
- Wexford Capital LP acts as sub-advisor or investment manager to these funds, while Wexford GP LLC is the General Partner of Wexford Capital. Charles E. Davidson and Joseph M. Jacobs are controlling persons of Wexford GP LLC.
- The Reporting Persons share both voting and dispositive power over the 112,014 shares.
- The Reporting Persons disclaim beneficial ownership of the securities held by the Wexford Funds, except to the extent of their respective pecuniary interests for Davidson and Jacobs.
Sentiment
Score: 7
Explanation: The filing indicates a significant institutional stake, which is generally viewed positively as a vote of confidence from a sophisticated investor. No negative information about the issuer is presented.
Positives
- Increased institutional ownership by Wexford Capital and its affiliates may signal confidence in C3is Inc.'s prospects.
- A significant stake of 7.02% by a known investment firm could attract further investor attention to C3is Inc.
Risks
- The Reporting Persons disclaim beneficial ownership of the securities held by the Wexford Funds, which could imply a lack of direct control or long-term strategic intent beyond investment management.
Future Outlook
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Industry Context
This filing reflects a standard institutional investor disclosure of a significant ownership stake, common in the financial industry for transparency regarding large holdings in publicly traded companies.
Stakeholder Impact
- Shareholders: May view the increased institutional ownership as a positive signal, potentially leading to increased investor confidence and interest in C3is Inc.'s stock.
Key Dates
| Date | Description |
|---|---|
| 09/19/2025 | Date of event which required the filing of this statement, indicating when beneficial ownership exceeded the reporting threshold. |
| 09/26/2025 | Date as of which the reported ownership percentage and share count were calculated, based on information provided by the Issuer. |
| 09/29/2025 | Date the Amendment No. 1 to Schedule 13G was signed and filed. |
Keywords
C3is Inc., Wexford Capital, Schedule 13G, beneficial ownership, institutional investor, common stock, equity stake
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