Outstanding (19,456,794 per 10-Q cover 2026-08-12) less the only documented insider block (Gower 916,740, which already includes his 508,614 unregistered conversion shares) less the unregistered half of Galephar milestone shares (234,375).
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for ENSC. Trade off 18.29M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 18.29M. 3 convertible notes and 3 reverse splits can add another 732% of the float.
Preferred stock conversion overhang. Series C Preferred Stock created in August 2026 represents up to 129,614,000 common shares — 708% of the 18.3M tradeable float and 666% of the 19.5M shares outstanding.
Rapid share count growth. Shares outstanding grew from 2,968,444 on 2025-08-12 to 19,456,794 on 2026-08-12 — a 555% increase in twelve months, entirely post-reverse-split.
Variable-rate convertible / death-spiral mechanics (recently extinguished). The Series B Preferred sold to 3i, LP carried textbook floating-price terms: holder-elected conversion at 95% of the lowest VWAP over the preceding five trading days (90% following a triggering event…
From today's float to the ceiling
sharesWhere the shares come from
each subtotal is a rung on the ladder above
Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.
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Market data as of Sep 19, 2026
Key dates
- Oct 26, 2026 · One half of the April 2025 Common Warrants at $1.90 expire (part of the 134,314-share remaining block)