Possible new Empire Petroleum shares

EPDilution

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 ($76.9M float, Jun 30, 2025)
How this is worked out

Shelf room on the S-3 of Sep 18, 2026: not limited by the baby-shelf rule, because the $76.9M public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3/A Sep 18, 2026, effective Sep 25, 2026 · public float, as of Jun 30, 2025.

What could become new Empire Petroleum (EP) shares, from its 10-Q, 10-K, S-3 or 424B filings.

Read so far: the cover share count (41.6M shares, +23% from 33.8M on Aug 8, 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

41.6M

Nov 2024 to Aug 2026: from 33.6M to 41.6M.

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