A full-ratchet convertible preferred facility has nearly tripled the Israeli clean-energy company's share count since December, and the dilution engine is still running.
The now-effective S-1 covers a $50 million equity line with a single funder that prices shares at a discount to VWAP and includes full-ratchet repricing provisions on attached preferred stock.
After two reverse splits in eight weeks and a combined 1-for-125 contraction, Dreamland Ltd faces a variable-rate equity line whose registered shares alone exceed the current tradeable float.
A 424B3 filing reveals a Streeterville Capital prepaid-preferred structure whose conversion price floats at 90% of the lowest VWAP, creating a textbook variable-rate overhang.
A new S-3 shelf filing covers shares issuable to The Patel Family LLP under nominally priced pre-funded warrants tied to a May 2026 PIPE deal.
A 424B3 prospectus supplement covers common shares issued to investors at a notable discount to the market price, though the deal carries no variable-rate or toxic conversion features.
A free premarket dispatch from the ShareStructure News desk — the movers that matter, with the dilution read most traders miss.
Free · No spam · Unsubscribe anytime
A single institutional investor holds pre-funded warrants and investment options that, if fully exercised and sold, would add roughly 547% to the company's current float.
An S-1/A filing reveals a massive pre-funded warrant overhang that dwarfs the company's outstanding share count by more than tenfold.