LGHLLion Group Holding Ltd · Nasdaq Capital Market · $3.10 · $143.0K mkt cap
Assessed Sep 11, 2026 · Reverse split
Is the float you're seeing correct?
46.1K
Estimated float

In ADS units.

Confirmed · within 1%
45.9K
Reported float

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

Your screener's float is right for LGHL. Trade off 46.1K shares. What it does not show you is what is about to be added to it.

Dilution risk10/10EXTREME
CONFIDENCE: MEDIUM

The float your screener shows is right, at 46.1K. 5 convertible notes and 5 reverse splits can add another 75% of the float.

  • Variable-rate convertible notes (death spiral) actively converting. Three senior secured convertible notes (June, July and December 2025) issued to ATW Digital Asset Opportunities VI LLC convert at a market-linked alternate conversion price with floors that have demo…

  • Oversized undrawn convertible facility vs. market cap. Approximately $586,000,000 of undrawn capacity remains under the June 17, 2025 Securities Purchase Agreement against a market capitalization of roughly $360,000-$383,000 — a facility more than 1,500x…

  • Rapid share count growth. Underlying Class A ordinary shares grew from 16,414,415,000 (2025-11-11) to approximately 269,942,400,000 (2026-09-11), a 16.4x / 1,544% increase in ten months.

From today's float to the ceiling

shares
46.1K
Estimated float
tradeable today
+0 can sell now
46.1K
Effective supply
float plus what sells on notice
+34.6K if floors are cut and warrants exercise
80.8K
Fully diluted
ceiling

Ceiling computed from the itemised overhang.

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
46.1K
Can sell now
Warrants in the money
None of the outstanding warrants are exercisable at this price.
+0
Effective supply
46.1K
Converts only if floors are cut
Convertible notes
At the stated conversion prices; a cut to those prices raises the count.
+19.4K
Notes with no conversion price set
Sized in dollars until a price or floor is set; not counted in the ceiling. Includes unfunded commitments, which are capacity rather than outstanding debt.
$586.00M
Above the current price
Warrants out of the money
Struck above the current tape; supply only if the stock rises.
+15.2K
Fully diluted
80.8K

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 continue

The facts

Price
$3.10
Market cap
$143.0K
Shares outstanding
46.1K
Reported float
45.9K
Avg volume
2.49M
Reverse splits
5 · latest 1-for-20 · Sep 10, 2026
Going concern
No
Quarterly burn
—

Market data as of Oct 11, 2026

Key dates

  • Jan 9, 2028 · Series E warrants expire (3,466 ADS-equivalents; paired with Series F vesting)
  • Jun 23, 2028 · June Note maturity
  • Jul 21, 2028 · July Note maturity
  • Dec 5, 2028 · December Note maturity