Outstanding (84,849,055) minus all 74,025,322 unregistered S-3 resale shares, split into insiders, 5% holders and other restricted holders.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener overstates the float. Trade off 10.82M shares.
The float your screener shows is overstated 83%: 19.83M reported, 10.82M actual. Registered and convertible shares could add another 695% of the float.
Pending resale registration / restricted supply. S-3 333-298952 registers 74,025,322 issued merger shares for resale.
Lock-up expirations. Tiered lock-ups on signing holders: 50% transferable at 6 months (2027-02-11), 75% at 9 months (2027-05-11), 100% at 12 months (2027-08-11).
Concentrated lender-affiliated holders. Credit-facility lender/agent affiliates (BP Launch Aggregator, BP Launch Aggregator II, BP Sparrow I, Advantage CCFI) hold 38.0M shares (44.8%).
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
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 25, 2026
Key dates
- Dec 4, 2026 · Katapult revolver maturity; a refinancing could include equity-linked terms
- Feb 11, 2027 · 50% lock-up release; Rule 144 six-month eligibility for merger shares; first 25% of Hanson RSUs vest
- May 11, 2027 · 75% cumulative lock-up release
- Aug 11, 2027 · Full lock-up expiration; second RSU vesting tranche