Daily Dilution Report - Apr 10, 2026
All Events
$NUAI (MC: $249M)
- Public offering of 29.85M shares at $3.35/share, with underwriters having option for 4.48M additional shares.
- SharonAI: $50M Convertible Note, 20% convertible into ~11.5M shares (floor $0.87); plus 2.09M shares issued for acquisition.
- ATW AI: Warrants for 16.2M shares at $2.00 (exercise price adjusted down from prior terms).
$NUCL (MC: $266M)
- Multiple issuances: 42.9M shares issued at $0.0025/share to various parties, alongside 13.1M shares from private placements and crowdfunding at $0.61/share.
- Over 44.6M common shares issued as merger consideration and to founders/insiders.
- Future Dilution: Potential 25.9M shares from warrants ($11.50-$12.00/share) and convertible preferred; 4.4M shares reserved for equity plan, with further contingent shares.
$TBN (MC: $800M)
- Direct Offering of 2.27M shares at $35.00 ($79.3M) and Underwritten Public Offering of 2.96M shares at $35.00 (underwriters option for 0.44M additional shares).
- Falcon Acquisition: 6.54M shares to be issued to Falcon Oil & Gas Ltd. (+ $23.7M cash) upon close. Options for 0.37M shares for Falcon D&O at $21.94/share, and up to 0.15M shares may be issued to Falcon minority holders.
- Private Placement: 1.52M shares issued in Jan 2026. Additionally, 1.44M and 0.27M shares are reserved for equity award plans.
$FBRX (MC: $471M)
- Direct Offering of 5.7M shares at $26.27/share, raising $150M.
- Underwriters have overallotment option for 0.86M shares at $26.27/share (~$21.1M).
- 2.62M shares from outstanding stock options @ $15.62 avg price & 4.88M from pre-funded warrants.
$AESI (MC: $1.4B)
- $450M Convertible Senior Notes convertible @ $14.51/share (~40.3M max potential shares).
- ~$50M Capped Call Transactions (cap price $22.32/share) to reduce potential dilution from notes.