Daily Dilution Report - Feb 9, 2026
All Events
$KARX (MC: $40M)
- Securities Purchase Agreement dated as of September 30, 2025 between the Company and Labrys Fund II, L.P.
- Type of instrument: Securities Purchase Agreement
- Key terms: Labrys Fund II, L.P.
- Date: September 30, 2025
- Promissory Note dated September 30, 2025 between the Company and Labrys Fund II, L.P.
- Type of instrument: Promissory Note
- Key terms: Labrys Fund II, L.P.
- Date: September 30, 2025
- Securities Purchase Agreement dated as of October 31, 2025 between the Company and Firstfire Global Opportunities Fund, LLC.
- Type of instrument: Securities Purchase Agreement
- Key terms: Firstfire Global Opportunities Fund, LLC.
- Date: October 31, 2025
- (+39 more items; see filing)
$UPXI (MC: $65M)
- Registered Direct Offering (Current Offering):
- Type: Registered Direct Offering of Common Stock and Common Warrants
- Shares Offered: 6,337,000 shares of Common Stock
- Warrants Offered: Common Warrants to purchase up to 6,337,000 shares of Common Stock
- Offering Price: $1.17 per share of Common Stock and accompanying Common Warrant
- Common Warrant Exercise Price: $1.50 per share
- Common Warrant Expiration: five (5) years following the date of issuance
- Underlying Shares: 6,337,000 shares of Common Stock
- Placement Agent: A.G.P./Alliance Global Partners
- Existing Stock Options (as of February 6, 2026):
- Type: Stock Options
- Shares Issuable: 744,478 shares of Common Stock
- (+59 more items; see filing)
$AXG (MC: $144M)
- Registered Direct Offering:
- Type: Class A Ordinary Shares
- Dollar amount: up to $5,415,000 worth of Class A Ordinary Shares
- Assumed shares: 1,538,353 Class A Ordinary Shares (based on an assumed offering price of $3.52 per share)
- Key terms: Direct offering to Streeterville Capital, LLC (the “Investor”) under a Securities Purchase Agreement dated February 9, 2026.
- Pre-Delivery Shares:
- Type: Class A Ordinary Shares
- Shares: 1,500,000 Class A Ordinary Shares
- Price per share: $150.00
- Key terms: Issued to Streeterville Capital, LLC (the “Investor”) within 90 days of the closing date, repurchasable by the Company at $0.0001 per share when the pre-paid purchase outstanding balance is zero and funding period ends.
- Equity Line of Credit / Pre-Paid Purchases:
- Type: Potential future issuance of Class A Ordinary Shares
- (+32 more items; see filing)
$WHLR (MC: $492,198)
- Here's an analysis of the provided SEC filing for Wheeler Real Estate Investment Trust, Inc. ($WHLR) and the extraction of stock dilution events based on your criteria:
- Type of instrument: Convertible Preferred Stock Exchange
- Series name: Series D Cumulative Convertible Preferred Stock
- Shares exchanged: 19,100 shares
- Type of instrument: Convertible Preferred Stock Exchange
- Series name: Series B Convertible Preferred Stock
- Shares exchanged: 38,200 shares
- Type of instrument: Common Stock issued in exchange
- Shares issued: 439,300 shares
- Conversion Ratio: 23 shares of Common Stock for every 2 shares of Series B Preferred Stock and 1 share of Series D Preferred Stock.
- Transaction Date: February 6, 2026
- Cash Proceeds: $0.00
- (+1 more items; see filing)
$XXI (MC: $67M)
- Convertible Notes
- Type: 1.00% Convertible Senior Secured Notes due 2030
- Total Aggregate Principal Amount Issued: $486,500,000
- Subscription Notes: $340,200,000 aggregate principal amount, purchased by Convertible Note Investors.
- Option Notes: Up to $100,000,000 aggregate principal amount, fully subscribed by Convertible Note Investors and the Sponsor. The Sponsor's pro rata allotment of Option Notes was $12,791,000.
- Exchange Notes: $46,300,000 principal amount, issued to the Sponsor in exchange for 4,630,000 shares of Class A Common Stock.
- Maturity: December 1, 2030
- Interest Rate: 1.00% per annum, payable semi-annually in arrears (can increase by 3.00% per annum upon certain events of default).
- Initial Conversion Rate: 72.0841 shares of Class A Common Stock per $1,000 principal amount of Convertible Notes.
- Conversion Price: Based on a reference price of $10.00 per share, multiplied by a ratio of (i) the BRRNY (average over the ten consecutive days prior to Closing) to (ii) $84,863.57 (average Bitcoin Price over the ten consecutive days prior to April 22, 2025), subject to a 30% premium.
- Total Potential Shares upon Conversion: 35,068,912 shares of Class A Common Stock (calculated from the $486,500,000 principal amount at the initial conversion rate, as also noted in "Net Loss per Share" section).
- Security: First-priority security interest in 16,116.31574065 Bitcoin, representing $1,459.5 million.
- (+51 more items; see filing)
$AMC (MC: $759M)
- Type of instrument: ATM (At-the-Market) Program for Common Stock
- Total Amount: Up to $150,000,000
- Assumed Shares (for dilution calculation): 101,351,351 shares
- Assumed Price: $1.48 per share (closing price on NYSE on February 6, 2026)
- Underwriters/Sales Agents: Goldman Sachs & Co. LLC, B. Riley Securities, Inc., Yorkville Securities, LLC
- Key Terms: Sales may be made directly by Sales Agents on our behalf, or as "Hedging Shares" by Goldman Sachs & Co. LLC (Forward Seller) on behalf of Goldman Sachs International (Forward Counterparty) to hedge collared forward transactions.
- Type of instrument: Convertible Preferred Stock (Historical Conversion)
- Series Name: Series A Convertible Participating Preferred Stock
- Shares Issued: 99,540,642 shares of common stock
- Event Date: Effective as of August 24, 2023
- Type of instrument: Convertible Notes (Existing Exchangeable Notes)
- Principal Amount Outstanding (as of December 31, 2025): $111,600,000 aggregate principal amount (including interest paid-in-kind in the form of additional Existing Exchangeable Notes)
- (+25 more items; see filing)
$VTR (MC: $39.2B)
- Type of instrument: ATM (At-the-Market) Program
- Dollar amount: $2,500,000,000 aggregate gross sales price of common stock now available for issuance
- Share counts: Not specified as a fixed number of shares; amount represents aggregate gross sales price
- Prices per share: Market prices prevailing at the time of sale, prices related to prevailing market prices, or negotiated prices
- Key terms: Sales are made "from time to time" and exclude common stock previously sold under the Sales Agreement prior to the Amendment dated February 9, 2026. Commission will not exceed 1.5% of gross sales price.
- Underwriters/Sales Agents: BofA Securities, Inc., BBVA Securities Inc., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Jefferies LLC, J.P. Morgan Securities LLC, M&T Securities, Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC, Truist Securities, Inc., UBS Securities LLC and Wells Fargo Securities, LLC.
- Type of instrument: Forward Sale Agreements (part of the overall $2,500,000,000 program)
- Dollar amount: Included within the $2,500,000,000 aggregate gross sales price available under the ATM Sales Agreement.
- Share counts: Not specified as a fixed number of shares; quantity to be specified in each agreement.
- Prices per share: Initial forward price will be adjusted daily based on a floating interest rate factor (specified daily rate less a spread) and decreased by expected quarterly dividends.
- Key terms: Expected to be "fully physically settle[d]" by Ventas issuing new common stock. Ventas may also elect cash settlement or net share settlement. Forward selling commission will not exceed 1.5% of the volume weighted average of gross sales prices of borrowed shares.
- Forward Purchasers: Bank of America, N.A., Banco Bilbao Vizcaya Argentaria, S.A., BNP PARIBAS, Citibank, N.A., Crédit Agricole Corporate and Investment Bank, Jefferies LLC, JPMorgan Chase Bank, National Association, Mizuho Markets Americas LLC, Morgan Stanley & Co. LLC, MUFG Securities EMEA plc, Royal Bank of Canada, The Bank of New York Mellon, The Bank of Nova Scotia, The Toronto-Dominion Bank, Truist Bank, UBS AG London Branch and Wells Fargo Bank, National Association.
$AMC (MC: $759M)
- Here's an analysis of the provided SEC filing for AMC Entertainment Holdings, Inc. to identify stock dilution events, along with the extracted details:
- ATM (At-the-Market) Programs
- Type of instrument: At-the-Market Offering (under Sales and Registration Agreement)
- Dollar amounts: Up to $150,000,000
- Share counts: Not specified, as it's an offering of up to a dollar amount.
- Prices per share: Not specified, sales at market prices prevailing at the time of sale or at negotiated prices.
- Key terms: Sales Agents (Goldman Sachs & Co. LLC, B. Riley Securities, Inc., Yorkville Securities, LLC), Prospectus Supplement dated February 9, 2026, Registration Statement filed February 9, 2026.
- Equity Lines / ELOC
- Type of instrument: Collared Forward Transactions (under Master Confirmation)
- Dollar amounts: Up to $150,000,000 (aggregate offering price for the shares subject to the agreement, which includes shares that could be delivered via forward transactions)
- Share counts: "up to the number of shares of Common Stock specified in such Forward" and "up to the maximum number of shares of Common Stock deliverable under such Forward" - specific number not provided in this document, but tied to the dollar amount of the offering.
- Prices per share: Settlement price based on "arithmetic average of volume weighted prices of Common Stock during the valuation period," subject to agreed forward floor and cap prices.
- (+5 more items; see filing)
$LIMX (MC: $17M)
- Analysis of Dilution Events:
- The primary dilution event described in this filing relates to the issuance of Company Common Stock in exchange for equity interests in Ding Easy AI, LLC.
- Type of instrument: Issuance of Common Stock as consideration for acquisition
- Dollar amounts: $9,000,000
- Key terms: Issued as restricted securities pursuant to Rule 144 of the Securities Act of 1933. The value is based on the volume-weighted average price per share of the Common Stock. This represents the value of shares to be issued to Ding Owners for 60% of Ding's equity.
- The LOI also outlines a potential future transaction (the "Second Sale") that could result in further dilution:
- Type of instrument: Potential future issuance of Common Stock as consideration for acquisition (Second Sale)
- Dollar amounts: $16,000,000
- Key terms: This is an option for Bodycor to acquire the remaining 40% of Ding's equity. The value of shares to be issued is based on the volume-weighted average price per share of the Common Stock immediately preceding the Second Sale.
- Other Potentially Dilutive Items Mentioned in the LOI:
- Type of instrument: Employee equity pool for Ding Easy AI, LLC
- Share counts: Fifteen percent (15%) of Ding's equity is assumed to be part of an employee equity pool. The actual number of Company shares that would eventually be issued to this pool is not specified in this LOI, but it implies future dilution.
- (+7 more items; see filing)
$CHEV (MC: $58M)
- Type of instrument: Securities Exchange Agreement (Acquisition of Charging Robotics Ltd.)
- Shares issued: 6,146,188 shares of common stock
- Warrants issued: Warrants to purchase an additional 6,150,000 shares
- Date: March 28, 2023 (Agreement), April 7, 2023 (Closing)
- Key terms: Acquisition of 100% of Charging Robotics Ltd.
- Type of instrument: Common Stock Issuance (Private Placement)
- Shares issued: 910,000 common stock
- Dollar amount: $501 (aggregate)
- Date: April 6, 2023
- Key terms: Issuance to three investors.
- Type of instrument: Warrants Issued for Services
- Warrants issued: 122,831 warrants
- (+23 more items; see filing)