Latest 8-K cover share count (1,318,521 at 2026-08-27) less insider owned (non-option) shares from the DEF 14A split-adjusted ÷75, less the 5%+ holder's owned shares, less the 132,867 locked-up PharmAla license shares.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for JUNS. Trade off 867.1K shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 867.1K. An active $14.8M ATM and 1 convertible note can add another 480% of the float.
Equity line of credit / at-market variable-price facility. The Yorkville SEPA has roughly $14.8M of undrawn capacity against a ~$5.1M market cap — approximately 2.9x the entire company's market value — priced at 97% of the LOWEST daily VWAP over a three-cons…
Rapid share count growth / continuous issuance cadence. Split-adjusted shares outstanding went from 464,441 (2025-08-18) to 1,318,521 (2026-08-27), a 183.9% increase in twelve months, and the pace is accelerating post-split: 770,081 on 2026-08-14, 912,909…
Reverse split history / dilution reset. A 1-for-75 reverse split was executed effective 4:01 p.m.
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 $14.8M of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $829K 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.
Engine fully-diluted count left too much unexplained; ceiling computed from the itemised overhang.
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Market data as of Oct 8, 2026
Key dates
- Oct 24, 2026 · 2025 Convertible Notes mature — $650,000 principal remaining; monthly installments continue to be satisfied via SEPA share issuance in the interim
- Jan 1, 2027 · 2023 Plan evergreen adds up to 3% of shares outstanding to the option pool