Dilutracker

Dilution tracking for finance professionals

Posts/tweets not investment advice

[Dilutracker @dilutracker]

Source: https://t.co/47nDbENwFY

[Dilutracker @dilutracker]

Mixed Financing: $NUVB (MC: $2.0B)
- $250M Convertible Senior Notes (+$37.5M option) at ~$7.84 conversion price (35% premium); 127.5 shares per $1k principal
- Capped calls offset dilution/cash above principal up to $10.46 cap (80% premium)
- Conversion from June 2026; matures July 2032

[Dilutracker @dilutracker]

Source: https://t.co/Tb8pIEc6PZ

[Dilutracker @dilutracker]

Convertible Financing: $EOSE (MC: $1.5B)
- 6M warrants issued ~July 1 + 30M to CCM/HBC @ $5.481 exercise price
- Series B Pref: 116M shares @ $5.59 w/ anti-dilution reset, 4.9%/9.8% blockers

[Dilutracker @dilutracker]

Source: https://t.co/94uhLlm21X

[Dilutracker @dilutracker]

Dilution Alert: $NVCT (MC: $487M)
- Warrants: 159,870 shares @ $5.15 weighted-average exercise price outstanding as of March 31, 2026
- ATM active: 14,295 shares sold post-March 31 via Leerink Partners LLC sales agreement; unspecified remaining capacity

[Dilutracker @dilutracker]

Source: https://t.co/gHN3Gn3xVy

[Dilutracker @dilutracker]

Dilution Alert: $FAC (MC: $306M)
- 20.6M warrant overhang ($158.7M aggregate exercise proceeds); 13.8M public + 6.8M private
- Exercisable post-Closing; FACWW listed for public portion; standard SPAC overhang

[Dilutracker @dilutracker]

Source: https://t.co/LSxoKkcKtV

[Dilutracker @dilutracker]

Dilution Alert: $NGNE (MC: $497M)
- ATM: $150M total capacity, $119M remaining at-the-market via Leerink
- Warrants: 6.79M pre-funded shares exercisable @ $0.000001-$0.001 with 9.99% blockers
- New pre-funded warrants offered in current 424B5 at public price minus $0.000001, immediate exercise post-issuance

[Dilutracker @dilutracker]

Sources:
1. https://t.co/aOnzoLX0Ek
2. https://t.co/0YMzkaot3Y

[Dilutracker @dilutracker]

Mixed Financing: $SOC (MC: $694M)
- ATM: $250M capacity ongoing since Q1 2026; 1.64M shares issued for $22.2M net proceeds
- $300M notes due July 2031 ($45M underwriter option) plus 7.57M warrants outstanding

[Dilutracker @dilutracker]

Sources:
1. https://t.co/22lPWyM6FE
2. https://t.co/yJe9iHyTg8

[Dilutracker @dilutracker]

Mixed Financing: $EOSE (MC: $1.6B)
- 30M warrants @ $5.481 to CCM/HBC upon JV close; 50M Class C Units exchangeable w/ price protection up to 100% at $20
- 116M shares from Series B pref @ $5.59 w/ anti-dilution; 73M existing warrants @ ~$1.03 avg exercise
- Rights Offering targeting $150M; 0.4388 RO warrants per unit @ $5.481 to participants upon close

[Dilutracker @dilutracker]

Source: https://t.co/Tpy91GeBou

[Dilutracker @dilutracker]

Dilution Alert: $HTZ (MC: $834M)
- $350M exchangeable notes (up to $400M); exchange ~$3.58/share, 19.9% cap
- 37M shares loaned for hedging, terminates by Oct 2030

[Dilutracker @dilutracker]

Source: https://t.co/UnbQ8WwGZA

[Dilutracker @dilutracker]

Dilution Alert: $AQST (MC: $436M)
- Oaktree: 230,271 warrant shares exercisable @ $4.18 (Tranche A $55M term loan)
- Tranche B/C draws trigger addl warrants (1.75% of drawn amt @ lower of $4.18 or VWAP)
- 4.99%/9.99% blocker; resale registration due within 45 days

[Dilutracker @dilutracker]

Source: https://t.co/ZwVca8djPV

[Dilutracker @dilutracker]

Potential Dilution + Debt Extension: $KRP (MC: $1.5B)
- Apollo affiliates: 162,500 Series A conv pref outstanding (325k orig); $15.07 conv price w/ anti-dilution + 10/20% PIK/step-up protection; min $10M or full position; timing from yr 2
- 6.9M Class B/OpCo units registered for resale; one-for-one exchange or cash at market; holders include Mesa entities