Key Takeaways

The day's activity was dominated by two significant transactions: a $187.8 million convertible note from GPUS and a $185.0 million at-the-market equity line from IKT.
GPUS was particularly active, announcing both its large convertible note and a separate $50.0 million at-the-market facility.

Dilution Events

$GPUS (Market Cap: $88M)

GPUS executed a 2-component financing totaling $237.8 million:

ATM Program: Filed $50M At-the-Market (ATM) offering. View SEC Filing →
Convertible Note: Disclosed multiple toxic convertible notes & preferred stock. View SEC Filing →

↳ Total Capital Raised: ~$237.8 million.

$IKT (Market Cap: $203M)

ATM Program: Filed $185M At-the-Market (ATM) offering. View SEC Filing →

$INMB (Market Cap: $48M)

ATM Program: Filed $65M At-the-Market (ATM) offering. View SEC Filing →

$NXTC (Market Cap: $36M)

NXTC executed a 2-component financing totaling $36.0 million:

ATM Program: Filed $14.5M At-the-Market (ATM) offering. View SEC Filing →
PIPE: Closed $21.5 million PIPE of 2.52 million shares. Special terms: Includes 1,815,049 Pre-Funded Warrants, Registration Rights Agreement View SEC Filing →

↳ Total Capital Raised: ~$36.0 million.

$INAB (Market Cap: $6M)

PIPE: Closed $20.1 million PIPE of 14.58 million shares at $1.38 per share. Special terms: Includes 9,452,677 Pre-Funded Warrants, Second closing contingent on milestones, Registration Rights Penalties, Subsequent Financing Right View SEC Filing →

$NVA (Market Cap: $232M)

Public Offering: Raised $20.0 million via the sale of 2.93 million shares at a price of $6.83 per share. View SEC Filing →

$NRGV (Market Cap: $859M)

Convertible Note: Raised $20M via toxic convertible debentures. View SEC Filing →

$CUE (Market Cap: $27M)

Public Offering: Raised $10.0 million via the sale of 35.71 million shares at a price of $0.28 per share, with 50% warrant coverage. View SEC Filing →

$PSQH (Market Cap: $49M)

Public Offering: Raised $7.5 million via the sale of 6.82 million shares at a price of $1.10 per share, with 125% warrant coverage. View SEC Filing →

$YHC (Market Cap: $12M)

Public Offering: Raised $6.5 million via the sale of 7.25 million shares at a price of $0.90 per share. View SEC Filing →

$LSH (Market Cap: $13M)

PIPE: Closed $5.9 million PIPE of 8.4 million shares at $0.70 per share. View SEC Filing →

$PRPH (Market Cap: $5M)

PRPH executed a 2-component financing totaling $5.3 million:

ATM Program: Filed $5.3M At-the-Market (ATM) offering. View SEC Filing →
Convertible Note: Revealed massive toxic convertible note overhang (357M shares). View SEC Filing →

↳ Total Capital Raised: ~$5.3 million.

$LIXT (Market Cap: $25M)

LIXT executed a 2-component financing totaling $4.3 million:

Public Offering: Raised $4.3 million via the sale of 1.05 million shares at a price of $4.09 per share, with 100% warrant coverage. View SEC Filing →
Convertible Note: Issued convertible preferred stock for acquisition, underlying 2.7M shares. View SEC Filing →

↳ Total Capital Raised: ~$4.3 million.

$RMCF (Market Cap: $12M)

PIPE: Closed $2.7 million PIPE of 1.5 million shares at $1.80 per share. View SEC Filing →

$MGRX (Market Cap: $18M)

PIPE: Closed $2.5 million PIPE of 1.93 million shares at $1.29 per share, with 100% warrant coverage. Special terms: Includes 500,000 Pre-Funded Warrants, Private Placement Warrant exercise price $1.4245, Registration Rights View SEC Filing →

$XELB (Market Cap: $5M)

PIPE: Closed $2.0 million PIPE of 2.51 million shares. Special terms: Includes 692,463 Pre-Funded Warrants, Includes 835,023 Standard Warrants @ $3.00, Registration Rights View SEC Filing →

$ADIL (Market Cap: $7M)

Warrant Exercise: Raised $2.86M via induced warrant exercise; issued 13.8M new wrts @ $0.31. View SEC Filing →

$SBLX (Market Cap: $4M)

PIPE: Closed private placement (PIPE) of 16.4 million shares. Special terms: Could increase O/S by 1,127%, Triggering Event Conversion Price: 80% of lowest VWAP, Floor price of $1.036 View SEC Filing →

$AIFF (Market Cap: $17M)

Warrant Exercise: Raised ~$0.4M by repricing 800k warrants to $0.50 and forcing exercise. View SEC Filing →

$CREX (Market Cap: $29M)

Resale Registration: Filed resale for $30M convertible preferred PIPE w/ 5.25% div. View SEC Filing →

$EUDA (Market Cap: $100M)

Warrant Exercise: Amended 2M warrants, reducing exercise price to $4.00 from $6.00. View SEC Filing →