Possible new LeonaBio shares
LONADilution
Known so far: no new shares from the prospectus covers read · shelf room about $3.3M · not yet read: warrants, converts, options, ATM.
Shelf room
- Room today about $3.3M
- One third of float $3.3M ($9.9M float, Jun 30, 2025)
- Sold off it, 12 months nothing
How this is worked out
Shelf room about $3.3M on the S-3 of Jan 20, 2026: the baby-shelf rule (public float under $75M) caps sales at one third of the $9.9M public float stated as of Jun 30, 2025, $3.3M, nothing sold off it in the last 12 months. Sources: S-3 Jan 20, 2026, effective Apr 1, 2026 · public float, as of Jun 30, 2025.
What could become new LeonaBio (LONA) shares, from its 10-Q, 10-K, S-1 or 424B filings.
Read so far: the cover share count (9.4M shares, +139% from 3.9M on Aug 5, 2025, adjusted for the 1-for-10 reverse split by Nov 5, 2025). Not read yet: warrants, convertible notes, options and RSUs and an ATM program. Read them on EDGAR: the latest 10-Q · S-1 registration filings.
Shares outstanding
9.4M
Nov 2024 to Aug 2026: from 3.9M to 9.4M. Adjusted for the 1-for-10 reverse split by Nov 5, 2025: each earlier count is divided by the ratio of every split after it.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
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