Daily Dilution Report - Dec 13, 2025
Key Takeaways
- Immunovant's (IMVT) $543.7 million follow-on offering was the day's largest single capital raise.
- Adecoagro (AGRO) was also highly active, filing a new $500 million shelf and simultaneously pricing a $296.4 million offering.
Dilution Events
$IMVT (Market Cap: $4.35B)
IMVT executed a 2-component financing totaling $543.7 million:
- Public Offering: Raised $543.7 million via the sale of 26.2 million shares at a price of $21.00 per share. View SEC Filing →
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
↳ Total Capital Raised: ~$543.7 million.
$AGRO (Market Cap: $739M)
AGRO executed a 3-component financing totaling $296.4 million:
- Public Offering: Raised $296.4 million via the sale of 41.379311 million shares at a price of $7.25 per share. View SEC Filing →
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
- Share Buyback: Repurchased $10.2 million. View SEC Filing →
↳ Total Capital Raised: ~$296.4 million.
$TNYA (Market Cap: $226M)
TNYA executed a 2-component financing totaling $129.8 million:
- Public Offering: Raised $60.0 million via the sale of 50 million shares at a price of $1.20 per share, with 100% warrant coverage. View SEC Filing →
- ATM Program: Has $69.8M remaining on its $75M ATM program. View SEC Filing →
↳ Total Capital Raised: ~$129.8 million.
$BKSY (Market Cap: $704M)
- ATM Program: Files $100M ATM program. View SEC Filing →
$LPTH (Market Cap: $414M)
LPTH executed a 2-component financing totaling $60.1 million:
- Public Offering: Raised $60.1 million via the sale of 7.75 million shares at a price of $7.75 per share. View SEC Filing →
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
↳ Total Capital Raised: ~$60.1 million.
$ATLX (Market Cap: $119M)
ATLX executed a 2-component financing totaling $50.0 million:
- Public Offering: Raised $10.0 million via the sale of 2.5 million shares at a price of $4.00 per share. View SEC Filing →
- ATM Program: Has $40M available on ATM after selling $43.2M. View SEC Filing →
↳ Total Capital Raised: ~$50.0 million.
$RNAZ (Market Cap: $10M)
RNAZ executed a 2-component financing totaling $25.0 million:
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
- Convertible Note: Discloses prior issuance of convertible preferred from $25M PIPE and an acquisition. View SEC Filing →
↳ Total Capital Raised: ~$25.0 million.
$ADTX (Market Cap: $1M)
- ATM Program: Expands ATM program capacity to $20M after selling $17.8M. View SEC Filing →
$USGO (Market Cap: $137M)
- ATM Program: Continues ATM program with $6.1M remaining capacity. View SEC Filing →
$TRNR (Market Cap: $4M)
TRNR executed a 2-component financing totaling $5.1 million:
- Convertible Note: Issued $4.5M convertible note. View SEC Filing →
- PIPE: Closed $633 thousand PIPE of 0.115 million shares at $5.50 per share. View SEC Filing →
↳ Total Capital Raised: ~$5.1 million.
$RBOT (Market Cap: $18M)
RBOT executed a 2-component financing totaling $3.0 million:
- ATM Program: Files $3M ATM program amid NYSE non-compliance notice. View SEC Filing →
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
↳ Total Capital Raised: ~$3.0 million.
$CXAI (Market Cap: $13M)
- PIPE: Closed $1.1 million PIPE of 3.266615 million shares at $0.35 per share. View SEC Filing →
$MNTS (Market Cap: $23M)
- Warrant Exercise: Raised ~$3.7M via induced warrant exercise @ $0.77 w/ 150% new wrts @ $0.77. View SEC Filing →
$ENVB (Market Cap: $3M)
- Warrant Exercise: Raised ~$3.1M via induced warrant exercise @ $7.05 w/ 200% new wrts @ $7.05. View SEC Filing →
$ADIL (Market Cap: $7M)
ADIL executed a 2-component financing totaling $0 thousand:
- Warrant Exercise: Raised ~$2.9M via induced warrant exercise @ $0.31, issuing 13.8M new wrts @ $0.31. View SEC Filing →
- ATM Program: To resume ATM sales after lock-up period. View SEC Filing →
$MSAI (Market Cap: $22M)
- Resale Registration: Registers resale of 34.2M shares & 68.5M underlying wrt shares @ $0.409. View SEC Filing →
$RYM (Market Cap: $32M)
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
$TLSA (Market Cap: $204M)
TLSA executed a 2-component financing totaling $0 thousand:
- Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
- Public Offering: . View SEC Filing →
$JAGX (Market Cap: $5M)
- PIPE: Closed private placement (PIPE) of 0.44 million shares. Special terms: Pre-funded warrants have nominal exercise price of $0.001 View SEC Filing →
$WRAP (Market Cap: $141M)
- Resale Registration: Registers resale of 3M shares & 3M wrt shares from prior $4.5M conv. pref. deal. View SEC Filing →