EPOWE-Power Inc. · NASDAQ · $3.28 · $9.95M mkt cap
Assessed Oct 9, 2026 · Float drift
Is the float you're seeing correct?
2.20M
Estimated float

Non-affiliate Class A from the cover page (1,949,624) plus the 229,097 registered Class A shares sold in the 2026-09-29 registered direct offering.

Confirmed · within 1%
2.20M
Reported float

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

Your screener's float is right for EPOW. Trade off 2.20M shares. What it does not show you is what is about to be added to it.

Dilution risk5/10ELEVATED
CONFIDENCE: MEDIUM

The float your screener shows is right, at 2.20M. 1 convertible note and 2 reverse splits can add another 21% of the float.

  • Serial financing cadence. Six equity raises in about 14 months: 3 registered directs in 2025-2026, 2 Reg S PIPEs, and the September 2026 registered direct.

  • Recently registered shares / pre-funded warrants. 521,490 registered shares from the 9/29 deal: 229,097 issued and 292,393 cashless pre-funded warrants at $0.0096.

  • Reg S block with unpaid subscription. 633,663 post-split shares from the June 2026 Reg S PIPE were issued even though the Capitalization table shows a $16M subscription receivable.

From today's float to the ceiling

shares
2.20M
Estimated float
tradeable today
+292.4K can sell now
2.50M
Effective supply
float plus what sells on notice
+518.1K if floors are cut and warrants exercise
3.01M
Fully diluted
ceiling

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
2.20M
Can sell now
Warrants in the money, at or near a zero strike
Exercisable at or below the current tape.
+292.4K
Effective supply
2.50M
Converts only if floors are cut
Convertible notes
At the stated conversion prices; a cut to those prices raises the count.
+262.7K
Above the current price
Warrants out of the money
Struck above the current tape; supply only if the stock rises.
+166.1K
Other, per engine ceiling
Included in the engine's fully-diluted count but not itemised in the filings we parsed.
+89.4K
Fully diluted
3.01M

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

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The facts

Price
$3.28
Market cap
$9.95M
Shares outstanding
2.82M
Reported float
2.20M
Avg volume
39.3K
Reverse splits
2 · latest 1-for-25 · Sep 18, 2026
Going concern
Yes · 0 quarters runway
Quarterly burn
$6.29M

Market data as of Oct 12, 2026

Key dates

  • Oct 11, 2026 · The 60-day lookback to the $14.00 close (8/12) lapses, which shrinks I.B.5 baby-shelf capacity
  • Nov 16, 2026 · Nasdaq minimum bid price compliance deadline. Post-split price is above $1, so this is likely cured
  • Nov 19, 2026 · 140,000 Reg S warrants at $20.00 expire
EPOW Float & Dilution Analysis | ShareStructure.io