Baseline is the Insight Sentry reported float of 621,603, which sanity-checks as ALREADY post-1-for-30-split ADSs (the same feed's 19,338,098 'shares outstanding' is the stale PRE-split ADS count and was discarded; market cap $5.77M / $8.445 price implies ~683,750 post-split ADSs outstanding).
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for TRIB. Trade off 630.3K shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 630.3K. An active $4.3M ATM, 3 convertible notes and 3 reverse splits can add another 1,101% of the float.
Variable-rate convertible overhang. The Perceptive Conversion Documents are convertible into up to 3,359,019,957 ordinary shares (5,598,367 post-split ADSs) at the $0.5061 MINIMUM conversion price — a floating conversion mechanism wher…
ELOC / equity line with undrawn capacity far exceeding market cap. A $25,000,000 Standby Equity Purchase Agreement with YA II PN (Yorkville) signed 2026-02-24 runs through 2029-02-24, priced at 97% of the lowest daily VWAP over a three-day pricing period or 95% of o…
Recently registered resale shares now free-trading. Form F-1 (Reg. No. 333-293717) went effective 2026-06-16 registering 675,048,580 ordinary shares / 33,752,429 ADSs (1,125,081 post-split ADSs) for resale by Yorkville — approximately 178% of the esti…
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 $4.3M of registered capacity remaining. Public float is under $75M, so the baby-shelf rule caps primary sales near $1.4M 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.
See the full breakdown
Red flags, financing counterparties, the deal timeline, and every SEC filing — free with an account.
Sign in to continueThe facts
Market data as of Oct 11, 2026