Post-split outstanding minus split-adjusted insider Class A holdings.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for TRUG. Trade off 1.23M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 1.23M. 3 reverse splits can add another 416% of the float.
Variable-rate preferred (death spiral). Series A Preferred make-whole converts at 90% of the lowest 5-day VWAP, and the Alternate Conversion Floor Amount adds shares when the floor binds, so there is effectively no floor.
Rapid share count growth. Class A outstanding went from about 23,864 (split-adjusted, 11/13/25) to about 1.26M (9/29/26), roughly +4,956% in about 10.5 months, and grew about 6.3x in the last 7 weeks alone.
Reverse split history. Three reverse splits in 15 months (1-for-50, 1-for-10, 1-for-10), 1-for-5,000 cumulatively.
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 (2.57M) is below the itemised overhang; ceiling computed from the rows.
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Market data as of Oct 8, 2026
Key dates
- Oct 20, 2026 · approximate end of the 15-trading-day window after the 9/29 split; Series A conversion price resets to 120% of the average of the 5 lowest VWAPs
- Oct 22, 2026 · Series A 6-month reset to the closing price if lower
- Apr 22, 2027 · next Series A 6-month reset
- Apr 22, 2029 · Series A preferred warrant expiration