Daily Dilution Report - Mar 25, 2026
All Events
$SLGL (MC: $223M)
- Direct Offering: 459,112 shares @ $72.00/share, raising $33.06M.
- Stock Comp Plan: 19,858 shares issuable via options @ $76.98/share; 117,331 shares available for future issuance.
- Warrants: 456,000 shares issuable (Armistice Cap, M. Arkin Dermatology) @ $58.50/share.
$SIMA (MC: $328M)
- Promissory Note issued by Sponsor for $1.5M aggregate principal.
- 12% interest, 5.0% OID for working capital needs.
- Note has dilutive potential related to repayment or potential conversion if company unable to meet obligations.
$IAUX (MC: $1.1B)
- Convertible Notes: $325M issued ($287.5M initial + $37.5M option).
- Conversion price: ~$1.93/share.
- Potential dilution: Up to 205.3M common shares may be issued upon conversion.
$PAR (MC: $565M)
- Direct Offering: 1.8M shares issued for acquisition.
- Consideration shares to be registered for resale.
$CYDY (MC: $330M)
- Convertible Note maturity extended for two notes totaling $57M principal.
- Monthly $1M payments in common stock to noteholders for 36 months.
- Up to $36M worth of common stock to be issued; value based on market price.
$INOD (MC: $1.4B)
- The filing primarily concerns a fourth amendment to the Company's Credit Agreement with Wells Fargo Bank, National Association. This amendment increases the secured revolving line of credit up to $50,000,000 but does not involve the issuance of new equity or debt instruments that would directly dilute existing shareholders.
$LYTS (MC: $623M)
- Stock issuance for merger consideration, 226.5K shares issued at $22.07/share, totaling $5M.
- Shares issued to SRR Holdings, Inc. stockholders as part of the acquisition.
$DNUT (MC: $584M)
- The filing describes a refranchising transaction where Krispy Kreme's joint venture partner, WKS, increased its ownership stake in a Western U.S. joint venture. This involved an asset sale by a Krispy Kreme subsidiary to an affiliate of WKS, and the subsequent contribution of assets to the joint venture. While this transaction changes ownership percentages within the joint venture and involves a promissory note, it does not directly result in the issuance of new shares by Krispy Kreme, Inc. ($DNUT) that would dilute existing common stockholders.
$HYAC (MC: $335M)
- Non-Redemption Agreements for 4.4M Class A shares at no higher than redemption price, with estimated $10.75 net proceeds per share.
- Previously announced PIPE Investment for $105.5M.
- Warrants exercisable at $11.50/share for Class A ordinary shares.