Possible new Prairie Operating shares

PROPDilution

Known so far: no new shares from the prospectus covers read · shelf room about $24.7M · not yet read: warrants, converts, options, ATM.

Shelf room

  • Room today about $24.7M
  • One third of float $24.7M ($74.1M float, Jun 30, 2025)
  • Sold off it, 12 months nothing
How this is worked out

Shelf room about $24.7M on the S-3 of May 8, 2026: the baby-shelf rule (public float under $75M) caps sales at one third of the $74.1M public float stated as of Jun 30, 2025, $24.7M, nothing sold off it in the last 12 months. Sources: S-3 May 8, 2026, effective May 20, 2026 · public float, as of Jun 30, 2025.

What could become new Prairie Operating (PROP) shares, from its 10-Q, 10-K, S-3 or 424B filings.

Read so far: the cover share count (112.8M shares, +124% from 50.3M 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

113M

Nov 2024 to Aug 2026: from 22.9M to 113M.

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