Outstanding minus sole affiliate holder (CEO Bin Zhou).
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for PLAG. Trade off 11.64M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 11.64M. An active $8.9M ATM and 3 reverse splits can add another 130% of the float.
Oversized ATM capacity relative to float and market cap. Fresh ATM (signed 2026-07-13, $0 used) with $8,922,860 capacity vs a $8.38M market cap.
Rapid share count growth / recently free-trading equity-plan shares. Shares outstanding grew 95.4% in 12 months (7,282,714 → 14,232,714) entirely via 6,950,000 shares granted to nine employees under the 2025 Equity Incentive Plan (fair value $14.43M), including 1,100,…
Oversized shelf registration relative to market cap. $200M universal shelf (common, preferred, debt, convertible debt, warrants, rights, units) effective 2026-04-13 — roughly 24x the current market cap.
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 $8.9M of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $2.8M 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.
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Market data as of Oct 8, 2026
Key dates
- Jun 8, 2027 · NYSE American compliance plan deadline — pressure point for a capital raise or another reverse split
- Jul 13, 2027 · end of first trailing-12-month I.B.6 window — baby-shelf capacity begins refreshing