Possible new Elme Communities shares

ELMESDilution

Last raise Feb 18, 2021, 424B3: $23 of shares

Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: warrants, converts, options, ATM.

Shelf room

  • Room today not capped by the baby-shelf rule ($1.4B float, Jun 30, 2025)
How this is worked out

Shelf room on the S-3ASR of Feb 20, 2024: not limited by the baby-shelf rule, because the $1.4B public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3ASR Feb 20, 2024, effective Feb 20, 2024 · public float, as of Jun 30, 2025.

What could become new Elme Communities (ELMES) shares, from its 10-Q, 10-K, S-3 or 424B filings.

Read so far: the cover share count (88.9M shares, +1% from 88.2M on Aug 1, 2025). Not read yet: warrants, convertible notes, options and RSUs and an ATM program. Read them on EDGAR: the latest 10-Q · S-3 shelf filings.

Shares outstanding

88.9M

Nov 2024 to Jul 2026: from 88.0M to 88.9M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.