Possible new Cerus shares
CERSDilution
Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: warrants, converts, ATM.
Shelf room
- Room today not capped by the baby-shelf rule ($230M float, Jun 30, 2025)
How this is worked out
Shelf room on the S-3 of Nov 2, 2023: not limited by the baby-shelf rule, because the $230M public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3 Nov 2, 2023, effective Nov 15, 2023 · public float, as of Jun 30, 2025.
What could become new Cerus (CERS) shares: options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.
Cerus dilution ladder
Every source of new shares on record, from the filings that created it.
202M outstanding; up to 232.1M fully diluted, +15%
- Outstandingas of Oct 16, 2026 (10-Q filed Nov 2) · share count on the cover page202M
- +30.1M
Not stated in the filings we read: an ATM program, warrants, convertible notes.
Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.
Financing terms to know
None found in filings since Nov 2, 2026.
Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.
Shares outstanding
202M
Feb 2025 to Oct 2026: from 186M to 202M.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
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New shelves, offerings, 10-Qs and 10-Ks from CERS, explained in plain English when they reach EDGAR.
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