Variable-priced paper is outstanding while the listing is under stress — the structure where dilution can accelerate. Watch the share count each quarter. Support side: New 13D filer — insiders or holders bought while this setup is live; see the timeline.
Radar 89 (high attention) · dilution pressure high · listing risk elevated · governance risk elevated · runway 1.2 mo · strongest signal: Departure cluster (Sep 10, 2026)
What would confirm: Rising share count in 10-Q cover vs prior quarter; repeated 424B3 resales; another reverse split proposal.
What would prove it wrong: Notes repaid in cash / equity line terminated (8-K 1.02); share count flat quarter over quarter.
Direction is stated for existing shareholders (▼ more shares / survival or listing risk; ▲ insiders or holders buying). It is a characterization of the filings, not a forecast or a recommendation.
Independent filings stitched into a thesis, each with what would confirm and what would prove it wrong.
Variable-priced paper is outstanding while the listing is under stress — the structure where dilution can accelerate. Watch the share count each quarter. Discount-priced or variable-priced securities are outstanding while the company is managing its listing with reverse splits/notices. Each conversion lowers the price, which lowers the next conversion price.
No note yet. Notes are written each morning for the top-ranked setups; Pro subscribers get them in full the same day.
Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 80 days old. A financing after the balance-sheet date is the main reason a figure can be stale — check the timeline below for offerings since then.
Last 30 days of filing signals plus current balance-sheet flags, newest first. ▼ pressure · ▲ support · hover a score for its components; every row links to the filing.
| Date | Signal | Evidence | Score |
|---|---|---|---|
| Sep 17, 2026 | ▲ New 13D filer | Schedule 13D filed 2026-09-17 filing | 45 |
| Sep 16, 2026 | ▲ New 13D filer | Schedule 13D filed 2026-09-16 filing | 45 |
| Sep 14, 2026 | · 13D amendment | Schedule 13D/A filed 2026-09-14 filing | 24 |
| Sep 14, 2026 | · Form 4 burst | 9 Form 4 filings in 30 days filing | 16 |
| Sep 11, 2026 | ▲ New 13D filer | Schedule 13D filed 2026-09-11 filing | 45 |
| Sep 10, 2026 | ▼ Departure cluster | 3 Item 5.02 8-Ks in 90 days (latest 2026-09-10) filing | 60 |
| Sep 10, 2026 | ▼ Equity line | “equity line” language in 8-K (EX-10.6) filed 2026-09-10 filing | 52 |
| Sep 10, 2026 | ▼ ATM program | “atm” language in 8-K (EX-10.6) filed 2026-09-10 filing | 46 |
| Sep 10, 2026 | ▼ Convertible note | “convertible note” language in 8-K (EX-4.1) filed 2026-09-10 filing | 39 |
| Sep 10, 2026 | ▼ Unregistered sale | 8-K Item 3.02 filed 2026-09-10 (accepted 17:07 ET) filing | 34 |
| Sep 10, 2026 | ▼ Reverse split | “reverse split” language in 8-K (EX-4.2) filed 2026-09-10 filing | 34 |
| Sep 10, 2026 | ▼ Delisting language | “delisting notice” language in 8-K (8-K) filed 2026-09-10 filing | 32 |
| Sep 10, 2026 | ▼ New debt obligation | 8-K Item 2.03 filed 2026-09-10 (accepted 17:07 ET) filing | 31 |
| Sep 10, 2026 | · Officer/director change | 8-K Item 5.02 filed 2026-09-10 (accepted 17:07 ET) filing | 22 |
AUID authID Inc. · DAIC CID Holdco, Inc. · SDST Stardust Power Inc. · GOVX GeoVax Labs, Inc. · MYSZ My Size, Inc. · SNTI Senti Biosciences Holdings, · screener →