Possible new VOYG shares

VOYGDilution

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

Shelf room

  • Room today not capped by the baby-shelf rule ($2.0B float, Jun 30, 2025)
How this is worked out

Shelf room on the S-3ASR of Aug 14, 2026: not limited by the baby-shelf rule, because the $2.0B public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3ASR Aug 14, 2026, effective Aug 14, 2026 · public float, as of Jun 30, 2025.

What could become new Voyager Technologies (VOYG) shares: warrants and options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

VOYG dilution ladder

Every source of new shares on record, from the filings that created it.

62.1M outstanding; up to 68.4M fully diluted, +10%

  1. Outstandingas of Oct 30, 2026 (10-Q filed Nov 3) · share count on the cover page
    62.1M
  2. Warrants968K10-Q Nov 3, 2026 · securities left out of diluted EPS
    +968K
  3. Options and RSUs5.3M options10-Q Nov 3, 2026 · securities left out of diluted EPS
    +5.3M

Not stated in the filings we read: an ATM program, convertible notes.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.