DEF 14A record-date share count minus the insider group's beneficial ownership.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for TGL. Trade off 1.82M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 1.82M. An active $10.1M ATM, 1 floorless convertible note and 3 reverse splits can add another 350% of the float.
Variable-price share-settled obligations. At least $7.0M of dollar-fixed obligations can be settled in shares at the prior close or VWAP with no floor or cap: three SDAs ($3M), the Mestiz remainder ($0.5M), the V Gallant provision ($2.73M),…
Rapid share count growth. Post-split share count rose from 207,470 (2025-06-30) to 1,954,832 (2026-06-10), about 842% in 12 months.
Reverse split history. Three reverse splits in 22 months (1:70, 1:50, 1:20; cumulative 1:70,000).
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 $10.1M of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $169K 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 (2.90M) is below the itemised overhang; ceiling computed from the rows.
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Market data as of Oct 14, 2026
Key dates
- Nov 26, 2026 · Three SDA terms end; $400K UAT and $100K go-live milestones per agreement ($1.5M total) payable in shares at the prior close
- Dec 10, 2026 · Shares issued 2026-05-20 to 06-10 (279,107), if restricted, become Rule 144 eligible
- Dec 11, 2026 · Dec 2025 $2.5M registered direct leaves the baby-shelf trailing window, reopening Kingswood ATM capacity
- Feb 26, 2027 · Shares paid at SDA signing (if any) become Rule 144 eligible