AKANAkanda Corp. · Nasdaq Capital Market · $2.95M mkt cap
Assessed Oct 3, 2026 · Float drift
Is the float you're seeing correct?
2.39M
Estimated float

Float is set equal to shares outstanding.

Confirmed · within 1%
2.39M
Reported float

Data-service feed, fetched today. The number TradingView and most screeners show.

Your screener's float is right for AKAN. Trade off 2.39M shares. What it does not show you is what is about to be added to it.

Dilution risk8/10HIGH
CONFIDENCE: MEDIUM

The float your screener shows is right, at 2.39M. 1 floorless convertible note and 6 reverse splits can add another 266% of the float.

  • Oversized pending offering vs float. A $15M firm-commitment F-1 offering is pending.

  • Variable-rate convertible (death spiral). The January 2026 notes convert at 85% of the lower of the 5-day VWAP or prior close, with a floor of about $1.14 after the split.

  • Variable-rate convertible (company-forced conversion). The PGC/Dunstan secured notes ($4.91M plus interest) convert at 90% of the 7-day VWAP, subject to a $1.36 floor, and the company can force conversion.

From today's float to the ceiling

shares
2.39M
Estimated float
tradeable today
+70.0K can sell now
2.46M
Effective supply
float plus what sells on notice
+6.29M if floors are cut and warrants exercise
8.75M
Fully diluted
ceiling

Ceiling computed from the itemised overhang.

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
2.39M
Can sell now
Registered resale shares, issuable on notice
Already effective; the holder can sell without a further filing.
+70.0K
Warrants in the money
None of the outstanding warrants are exercisable at this price.
+0
Effective supply
2.46M
Converts only if floors are cut
Convertible notes, beyond the registered shares
At the stated conversion prices; a cut to those prices raises the count.
+1.21M
Preferred stock, as converted
Common equivalent at the stated conversion ratio.
+251.3K
Above the current price
Warrants out of the money
Struck above the current tape; supply only if the stock rises.
+4.82M
Fully diluted
8.75M

Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.

Engine fully-diluted count (3.92M) is below the itemised overhang; ceiling computed from the rows.

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The facts

Price
—
Market cap
$2.95M
Shares outstanding
2.63M
Reported float
2.39M
Avg volume
105.7K
Reverse splits
6 · latest 1:4.5 · Apr 13, 2026
Going concern
Yes · 1.7 quarters runway
Quarterly burn
$453.0K

Market data as of Oct 19, 2026

Key dates

  • Dec 13, 2026 · Nasdaq stockholders' equity (Rule 5550(b)(1)) extension deadline
  • Jan 21, 2027 · Maturity of the January 2026 convertible notes
AKAN Float & Dilution Analysis | ShareStructure.io