Latest cover/8-K shares outstanding (1,604,095 as of 2026-08-28, post 1-for-5 reverse split and post full exercise of the July 2026 pre-funded warrants) less actual common shares held by directors and officers.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for AEMD. Trade off 1.59M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 1.59M. An active $543K ATM and 6 reverse splits can add another 117% of the float.
Rapid share count growth / serial reverse-split-and-reissue cycle. Split-adjusted shares outstanding went from ~51,974 (2,598,711 on 2025-08-13 ÷ 50 for the subsequent 1-for-10 and 1-for-5 splits) to 1,604,095 on 2026-08-28 — approximately 2,986% dilution in twelve…
Pending shareholder authorization for discounted variable-price issuance. DEF 14A filed 2026-09-01 asks stockholders to approve Proposal No.
Warrant overhang exceeding the float. 1,563,166 shares issuable on outstanding warrants as of 2026-08-28 versus an estimated 1,587,549 tradeable float — 98% overhang.
From today's float to the ceiling
sharesCeiling computed from the itemised overhang.
Where the shares come from
each subtotal is a rung on the ladder above
ATM program active with $543K of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $3.2M per 12 months; the headline figure is not the near-term supply.
Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.
Effective supply taken from the engine; it differs from the itemised rows by more than 15%.
Engine fully-diluted count left too much unexplained; ceiling computed from the itemised overhang.
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Market data as of Oct 12, 2026
Key dates
- Jan 7, 2027 · Maxim Group placement agent warrants (45,064 shares at $3.55) become exercisable — six months after the July 7, 2026 closing
- Jul 7, 2027 · Expiration of the one-year contractual prohibition on issuing price-reset or variable-priced securities agreed at the July 2026 closing