Key Takeaways

Activity was dominated by three billion-dollar filings: a $2.00 billion shelf from AVX, a $1.00 billion ATM from EGP, and a $1.00 billion convertible note offering from APLD.
AVX filed for both future and immediate capital, registering a $2.00 billion shelf while also raising $219.0 million through a concurrent PIPE financing.

Dilution Events

$EGP (Market Cap: $9.60B)

ATM Program: Announced new $1B at-the-market (ATM) program w/ forward sale agreements. View SEC Filing →

$APLD (Market Cap: $8.70B)

APLD executed a massive capital raise totaling over $1.00 billion through two primary channels:

Convertible Note: Massively expanded toxic convertible preferred equity line to $1.59B. View SEC Filing →
Warrant Exercise: Issued warrants for 8.4M shares @ $10.75 to CoreWeave/Jane Street. View SEC Filing →

↳ Total Capital Raised: ~$1.00 billion.

$THAR (Market Cap: $84M)

THAR executed a 2-component financing totaling $609.9 million:

PIPE: Closed $545.0 million PIPE of 176.8 million shares. View SEC Filing →
ATM Program: Initiated $64.9M at-the-market (ATM) offering program. View SEC Filing →

↳ Total Capital Raised: ~$609.9 million.

$EPR (Market Cap: $3.93B)

ATM Program: Announced $400M at-the-market (ATM) program w/ forward sale agreements. View SEC Filing →

$PCSC (Market Cap: $135M)

PIPE: Closed $240.0 million PIPE of 24 million shares at $10.00 per share. View SEC Filing →

$CAPR (Market Cap: $1.23B)

CAPR executed a 2-component financing totaling $227.5 million:

Public Offering: Raised $150.0 million via the sale of 6 million shares at a price of $25.00 per share. View SEC Filing →
ATM Program: Disclosed selling $77.5M via ATM, avg price $28.88. View SEC Filing →

↳ Total Capital Raised: ~$227.5 million.

$AVX (Market Cap: $182M)

AVX executed a 3-component financing totaling $219.0 million:

Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
PIPE: Closed $219.0 million PIPE of 92.8 million shares. View SEC Filing →
Share Buyback: Repurchased $40.0 million. View SEC Filing →

↳ Total Capital Raised: ~$219.0 million.

$ANGX (Market Cap: $843M)

ATM Program: Initiated $150M at-the-market (ATM) offering program. View SEC Filing →

$IMTX (Market Cap: $1.24B)

Public Offering: Raised $125.0 million via the sale of 12.5 million shares at a price of $10.00 per share. View SEC Filing →

$TARA (Market Cap: $215M)

Public Offering: Raised $75.0 million via the sale of 13 million shares at a price of $5.75 per share. View SEC Filing →

$SLNH (Market Cap: $114M)

SLNH executed a 2-component financing totaling $57.0 million:

Public Offering: Raised $32.0 million via the sale of 18.08 million shares at a price of $1.77 per share, with 100% warrant coverage. View SEC Filing →
ATM Program: Has up to $25M remaining on its Standby Equity Purchase Agreement (SEPA). View SEC Filing →

↳ Total Capital Raised: ~$57.0 million.

$PINE (Market Cap: $248M)

ATM Program: Launched $35M ATM program for its 8.00% Series A Preferred Stock. View SEC Filing →

$LUCD (Market Cap: $135M)

LUCD executed a 2-component financing totaling $25.0 million:

Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
ATM Program: Initiated $25M at-the-market (ATM) offering program. View SEC Filing →

↳ Total Capital Raised: ~$25.0 million.

$KALA (Market Cap: $7M)

KALA executed a 2-component financing totaling $11.8 million:

Public Offering: Raised $10.0 million via the sale of 10 million shares at a price of $1.00 per share. View SEC Filing →
Convertible Note: Sold $1.8M of Series AA Preferred convertible into 49.5M common shares. View SEC Filing →

↳ Total Capital Raised: ~$11.8 million.

$CYCU (Market Cap: $14M)

PIPE: Closed $6.0 million PIPE of 1.66 million shares at $3.62 per share, with 200% warrant coverage. View SEC Filing →

$PLRZ (Market Cap: $14M)

Public Offering: Raised $5.0 million via the sale of 0.55 million shares at a price of $9.00 per share. View SEC Filing →

$SLE (Market Cap: $11M)

Convertible Note: Exchanged $4.5M secured note for preferred stock convertible into 1.15M shares. View SEC Filing →

$IVF (Market Cap: $23M)

PIPE: Closed $4.0 million PIPE of 2.37 million shares at $1.69 per share, with 200% warrant coverage. View SEC Filing →

$SEGG (Market Cap: $7M)

Convertible Note: Raised $2.5M ($2.875M principal) via senior secured convertible note. View SEC Filing →

$APM (Market Cap: $11M)

APM executed a 2-component financing totaling $2.0 million:

Public Offering: Raised $2.0 million via the sale of 1 million shares at a price of $2.00 per share, with 200% warrant coverage. View SEC Filing →
Shares for Services: Issued 19.9 million shares for services rendered. View SEC Filing →

↳ Total Capital Raised: ~$2.0 million.

$BLMH (Market Cap: N/A)

Convertible Note: Raised $1.5M via convertible note (converts @ $0.98) w/ 1.7M wrts @ $0.35 | MC: N/A. View SEC Filing →

$SKYX (Market Cap: $270M)

Convertible Note: Raised $1M via convertible preferred stock, converts @ $2.00/share. View SEC Filing →

$NTHI (Market Cap: $179M)

PIPE: Closed $1.0 million PIPE of 0.11 million shares at $8.95 per share. View SEC Filing →

$MNDR (Market Cap: $3M)

ATM Program: Offering up to $0.4M remaining on its 'baby shelf' ATM. View SEC Filing →

$TRNR (Market Cap: $5M)

Convertible Note: Raised $0.385M via toxic convertible note w/ floating rate conversion. View SEC Filing →

$HYPD (Market Cap: $31M)

Resale Registration: Registers for resale 47.6M shares from prior $50M PIPE. View SEC Filing →

$ENVB (Market Cap: $4M)

Warrant Exercise: Raised $2.2M via warrant inducement; old wrts exercised @ $10.98, issued new wrts for 404k shares. View SEC Filing →

$LYEL (Market Cap: $536M)

Resale Registration: Registers for resale 1.9M shares issued for licensing deal. View SEC Filing →