Key Takeaways

Intel (INTC) dominated the day's activity, raising $5.00 billion in a single PIPE transaction.
Hycroft Mining (HYMC) was notably active with three separate filings: a $500.0 million shelf, a $165.0 million offering, and $41.3 million in warrants.
Tonix Pharmaceuticals (TNXP) also filed for significant financing with a $500.0 million shelf registration and a concurrent $20.0 million offering.

Dilution Events

$INTC (Market Cap: $174.96B)

PIPE: Closed $5.00 billion PIPE of 214.78 million shares at $23.28 per share. View SEC Filing →

$HYMC (Market Cap: $1.89B)

HYMC executed a 4-component financing totaling $165.0 million:

Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
Public Offering: Raised $165.0 million via the sale of 26.37 million shares at a price of $6.50 per share. View SEC Filing →
Warrant Exercise: Reports mandatory exercise of 6.89M warrants @ $6.00 for expected $41.3M proceeds. View SEC Filing →
Warrant Exercise: Reports recent exercise of 1.83M warrants @ $4.20 for $7.7M proceeds; 4.82M warrants remain. View SEC Filing →

↳ Total Capital Raised: ~$165.0 million.

$HYPR (Market Cap: $94M)

ATM Program: Filed new $50M At-the-Market (ATM) offering program. View SEC Filing →

$TIVC (Market Cap: $3M)

TIVC executed a 3-component financing totaling $28.3 million:

Convertible Note: Selling $12M Series C Preferred w/ toxic variable conversion at 93% of lowest 5-day VWAP (floor $0.39). View SEC Filing →
Convertible Note: Issued $16.25M toxic Sr. Secured Note; converts at 97% of lowest 10-day VWAP (floor $0.39) w/ full ratchet. View SEC Filing →
Shares for Services: Issued shares for services/fees. View SEC Filing →

↳ Total Capital Raised: ~$28.3 million.

$TNXP (Market Cap: $192M)

TNXP executed a 3-component financing totaling $20.0 million:

Public Offering: Raised $20.0 million via the sale of 1.23 million shares at a price of $16.26 per share. View SEC Filing →
Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
ATM Program: Disclosed active equity line agreement with Lincoln Park Capital remains exempt from 180-day financing restriction. View SEC Filing →

↳ Total Capital Raised: ~$20.0 million.

$SIDU (Market Cap: $140M)

SIDU executed a 2-component financing totaling $14.7 million:

Public Offering: Raised $14.7 million via the sale of 10.8 million shares at a price of $1.50 per share. View SEC Filing →
Warrant Exercise: Issuing placement agent warrants for 540k shares @ $1.875. View SEC Filing →

↳ Total Capital Raised: ~$14.7 million.

$COSM (Market Cap: $18M)

COSM executed a 3-component financing totaling $9.3 million:

Resale Registration: Registers 74.6M shares for resale by convertible note holders, based on a floor price of $0.176. View SEC Filing →
Convertible Note: Discloses $8M toxic convertible note with floating conversion at the lower of fixed price or market price. View SEC Filing →
Convertible Note: Discloses $1.3M convertible note with 18% PIK interest and issued 826k inducement shares. View SEC Filing →

↳ Total Capital Raised: ~$9.3 million.

$PRPH (Market Cap: $2M)

PRPH executed a 4-component financing totaling $5.3 million:

ATM Program: Filed $5.29M At-the-Market (ATM) offering. View SEC Filing →
Convertible Note: Registered 356.9M shares for conversion of notes/warrants; up to 25% of ATM proceeds may be used to prepay notes. View SEC Filing →
Shares for Services: Issued shares for services/fees. View SEC Filing →
Warrant Exercise: Disclosed prior issuance of 1M warrants @ $0.11 to CEO and investor with June 2025 loan. View SEC Filing →

↳ Total Capital Raised: ~$5.3 million.

$DRMA (Market Cap: $2M)

DRMA executed a 3-component financing totaling $3.7 million:

PIPE: Closed $3.7 million PIPE of 2.02 million shares at $2.04 per share, with 200% warrant coverage. Special terms: pre-funded warrants View SEC Filing →
Warrant Exercise: Repriced 120k outstanding warrants, reducing exercise price from $12.70 to $2.04. View SEC Filing →
Warrant Exercise: Issued placement agent warrants for 141.5k shares @ $2.55. View SEC Filing →

↳ Total Capital Raised: ~$3.7 million.

$PHGE (Market Cap: $3M)

PHGE executed a 2-component financing totaling $3.0 million:

PIPE: Closed $3.0 million PIPE of 1.65 million shares at $2.00 per share, with 200% warrant coverage. Special terms: PIK dividends, conversion price reset, warrant price reset View SEC Filing →
Warrant Exercise: Issued placement agent warrants for 99k shares @ $2.50. View SEC Filing →

↳ Total Capital Raised: ~$3.0 million.

$XHLD (Market Cap: $4M)

PIPE: Closed $2.3 million PIPE of 0.991 million shares. View SEC Filing →

$MYNZ (Market Cap: $10M)

MYNZ executed a 2-component financing totaling $2.1 million:

ATM Program: Filed $2.15M At-the-Market (ATM) offering. View SEC Filing →
Warrant Exercise: Flags risk of substantial dilution from inducing/repricing ~9.4M outstanding warrants. View SEC Filing →

↳ Total Capital Raised: ~$2.1 million.

$RIME (Market Cap: $3M)

PIPE: Closed $1.0 million PIPE. Special terms: pre-paid purchase View SEC Filing →

$USAQ (Market Cap: N/A)

PIPE: Closed $500 thousand PIPE of 1.667 million shares at $0.30 per share, with 25% warrant coverage. View SEC Filing →

$STAI (Market Cap: $10M)

Convertible Note: Raised $258k via toxic convertible note converting at 75% of the 2 lowest trading prices in a 10-day period. View SEC Filing →

$SBC (Market Cap: $450M)

SBC executed a 3-component financing totaling $0 thousand:

Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
Warrant Exercise: Discloses 12.1M shares underlying warrants exercisable @ $11.50. View SEC Filing →
Resale Registration: Registers 98.8M shares for resale; 92.7M are from CEO, creating massive supply overhang. View SEC Filing →