Key Takeaways

Ford's $1.65 billion private placement (PIPE) was the day's largest single transaction, representing over a third of the total capital raised.
Bitdeer Technologies (BTDR) and Scholar Rock (SRRK) were notably active, announcing a combined $1.05 billion and $600 million respectively across multiple financing instruments.

Dilution Events

$FORD (Market Cap: $789M)

FORD executed a massive capital raise totaling over $1.65 billion through two primary channels:

PIPE: Closed $1.65 billion PIPE of 89.18 million shares at $18.50 per share. Special terms: pre-funded warrants (12.03M shares), advisor/investor warrants (8.92M shares @ $0.01) View SEC Filing →
Convertible Note: Converted all outstanding Series A-1 and B preferred stock. View SEC Filing →

↳ Total Capital Raised: ~$1.65 billion.

$BTDR (Market Cap: $2.33B)

BTDR executed a massive capital raise totaling over $1.20 billion through multiple channels:

Public Offering: Raised $148.4 million via the sale of 10.66 million shares at a price of $13.94 per share. View SEC Filing →
Convertible Note: Offering $400M+ in new convertible notes due 2031. View SEC Filing →
ATM Program: Has authorization for future $647.8M ATM offering. View SEC Filing →
Share Buyback: Repurchased $10.0 million. View SEC Filing →

↳ Total Capital Raised: ~$1.20 billion.

$CRBG (Market Cap: $14.69B)

Public Offering: Raised $500.0 million via the sale of 0.5 million shares at a price of $1000.00 per share. View SEC Filing →

$SRRK (Market Cap: $3.60B)

SRRK executed a 3-component financing totaling $400.0 million:

ATM Program: Using $200M ATM offering program. View SEC Filing →
Resale Registration: Using $200M ATM offering program. View SEC Filing →
ATM Program: Using $200M ATM offering program. View SEC Filing →

↳ Total Capital Raised: ~$400.0 million.

$GMRE (Market Cap: $439M)

GMRE executed a 2-component financing totaling $350.0 million:

Public Offering: Raised $50.0 million via the sale of 2 million shares at a price of $25.00 per share. View SEC Filing →
ATM Program: Has existing $300M ATM program for common stock. View SEC Filing →

↳ Total Capital Raised: ~$350.0 million.

$GRAL (Market Cap: $3.10B)

ATM Program: Launched $300M ATM offering program. View SEC Filing →

$TELA (Market Cap: $40M)

TELA executed a 3-component financing totaling $153.0 million:

Public Offering: Raised $13.0 million via the sale of 11.71 million shares at a price of $1.11 per share. View SEC Filing →
PIPE: Closed $70.0 million PIPE. Special terms: warrants for 2.33M shares issued as consideration for debt facility View SEC Filing →
PIPE: Closed $70.0 million PIPE. Special terms: warrants for 2.33M shares issued as consideration for debt facility View SEC Filing →

↳ Total Capital Raised: ~$153.0 million.

$OMER (Market Cap: $536M)

ATM Program: Launched $150M ATM offering program. View SEC Filing →

$ENGN (Market Cap: $437M)

Public Offering: Raised $130.0 million via the sale of 15.29 million shares at a price of $8.50 per share. View SEC Filing →

$ASPI (Market Cap: $897M)

ASPI executed a 3-component financing totaling $128.6 million:

Convertible Note: Sub raises $64.3M+ via toxic convertible notes. View SEC Filing →
Resale Registration: Sub raises $64.3M+ via toxic convertible notes. View SEC Filing →
Convertible Note: Sub raises $64.3M+ via toxic convertible notes. View SEC Filing →

↳ Total Capital Raised: ~$128.6 million.

$ASBP (Market Cap: $5M)

ATM Program: Entered new $100M ELOC at 96% of VWAP. View SEC Filing →

$UNCY (Market Cap: $122M)

ATM Program: Increased ATM offering program to $100M total capacity. View SEC Filing →

$NVVE (Market Cap: $5M)

NVVE executed a 2-component financing totaling $30.0 million:

Convertible Note: Raised $5M via toxic convertible preferred w/ 100% warrants. View SEC Filing →
ATM Program: Secured $25M ELOC; issued 2.22M share pre-funded warrant as fee. View SEC Filing →

↳ Total Capital Raised: ~$30.0 million.

$CREG (Market Cap: $4M)

PIPE: Closed $22.2 million PIPE of 17 million shares at $1.30 per share, with 100% warrant coverage. View SEC Filing →

$NNVC (Market Cap: $25M)

Public Offering: Raised $6.0 million via the sale of 3.57 million shares at a price of $1.68 per share, with 200% warrant coverage. View SEC Filing →

$ENSC (Market Cap: $6M)

Convertible Note: Raised $4M via toxic preferred stock w/ 880k warrants. View SEC Filing →

$RNXT (Market Cap: $28M)

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

ATM Program: Using ATM to sell up to $3.7M in common stock. View SEC Filing →
Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →
Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →

↳ Total Capital Raised: ~$3.7 million.

$AIHS (Market Cap: $1M)

AIHS executed a 2-component financing totaling $2.8 million:

Public Offering: Raised $2.8 million via the sale of 2.255 million shares at a price of $1.26 per share, with 200% warrant coverage. View SEC Filing →
Shelf Registration: Filed shelf registration for future capital raises. View SEC Filing →

↳ Total Capital Raised: ~$2.8 million.

$BOF (Market Cap: $36M)

Public Offering: Raised $2.6 million via the sale of 1.03 million shares at a price of $2.50 per share, with 4% warrant coverage. View SEC Filing →

$HCWC (Market Cap: $9M)

Convertible Note: Raised $2M via convertible preferred, converts to 1.45M shares. View SEC Filing →

$GP (Market Cap: $5M)

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

Convertible Note: Raised $1.1M via convertible preferred, agreement for $18M total. View SEC Filing →
ATM Program: Sold $0.46M of $0.85M ATM capacity in last 6 months. View SEC Filing →

↳ Total Capital Raised: ~$2.0 million.

$BCLI (Market Cap: N/A)

Convertible Note: Raised $0.12M via toxic convertible note w/ 25% discount to lowest price | MC: N/A. View SEC Filing →

$ASTS (Market Cap: $17.05B)

Public Offering: Offering of 0.38 million shares. View SEC Filing →

$NOTE (Market Cap: $40M)

NOTE executed a 2-component financing totaling $0 thousand:

Resale Registration: Registering 2.35M shares from toxic convertible note. View SEC Filing →
Resale Registration: Registering 2.35M shares from toxic convertible note. View SEC Filing →

$LGN (Market Cap: $4.24B)

Shares for Services: Issued shares for services/fees. View SEC Filing →

$EDBL (Market Cap: $4M)

Resale Registration: Registering 4.04M shares for resale from warrants @ $2.06. View SEC Filing →