Possible new EPM shares
EPMDilution
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 ($111M float, Dec 31, 2025)
How this is worked out
Shelf room on the S-3 of Jan 16, 2026: not limited by the baby-shelf rule, because the $111M public float stated as of Dec 31, 2025 is $75M or more. Sources: S-3 Jan 16, 2026, effective Jan 27, 2026 · public float, as of Dec 31, 2025.
What could become new Evolution Petroleum (EPM) shares, from its 10-Q, 10-K, S-3 or 424B filings.
Read so far: the cover share count (40.2M shares, +17% from 34.4M on Sep 12, 2025). Not read yet: warrants, convertible notes, options and RSUs and an ATM program. Read them on EDGAR: the latest 10-K · S-3 shelf filings.
Shares outstanding
40.2M
Nov 2024 to Sep 2026: from 33.6M to 40.2M.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
Follow EPM
New shelves, offerings, 10-Qs and 10-Ks from EPM, explained in plain English when they reach EDGAR.
Watch EPM in the app