No beneficial ownership table exists in the extraction set (the 10-K/A omitted Item 12 entirely), so bottom-up reconstruction is impossible.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for FRGT. Trade off 566.8K shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 566.8K. An active $1.5M ATM, 1 floorless convertible note and 8 reverse splits can add another 2,777% of the float.
Variable-rate preferred conversion (death spiral). 4,250,000 Series A4 preferred shares are outstanding, convertible immediately at the holder's option at a price equal to the GREATER of (i) the lowest daily VWAP over the seven consecutive trading da…
Preferred stock conversion overhang with undisclosed ratios. Total preferred shares issued stood at 7,323,917 at 2025-06-30 (up from 3,084,532 at 2024-12-31, a 137% increase in six months), and a further 12,666,005 preferred shares (12,540,000 Series B + 126,0…
Undrawn variable-rate convertible facility. $18,000,000 of the $20,000,000 April 29, 2025 senior secured convertible note facility remained available as of 2025-05-15, drawable by the holders exercising note-purchase warrants (they already exe…
From today's float to the ceiling
sharesWhere the shares come from
each subtotal is a rung on the ladder above
ATM program active with $1.5M of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $57K 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.
See the full breakdown
Red flags, financing counterparties, the deal timeline, and every SEC filing — free with an account.
Sign in to continueThe facts
Market data as of Sep 30, 2026
Key dates
- Mar 7, 2027 · Capital Foundry revolving facility maturity — refinancing pressure point