Certain Common Shares of C3is Inc. are subject to a Lock-Up Agreement Ending on 18-APR-2024. These Common Shares will be under lockup for 90 days starting from 19-JAN-2024 to 18-APR-2024.

Details:
The Company and Imperial Petroleum Inc. and each of the officers, directors have agreed, subject to certain exceptions, not to offer, issue, sell, contract to sell, encumber, grant any option for the sale of or otherwise dispose of any of the Common Shares or other securities convertible into or exercisable or exchangeable for the Common Shares for a period of 90 days after this offering is completed. Imperial Petroleum Inc. has agreed not to sell any shares of common stock issuable upon conversion of Series A Convertible Preferred Stock for a period of 365 days after the date of this prospectus.