Mar. 8 at 5:58 PM
$AIM AIM’s SEC filing says:
“the Company sold an aggregate of 1,842 units consisting of an aggregate of 1,842 shares of Series G Preferred Stock, with each share of Series G Preferred Stock initially convertible into [1000] shares of Common Stock at a conversion price of
$1.00 per share, 3,684,000 Class G Warrants, with each warrant exercisable for one share of Common Stock.” Am I correct that AIM leadership issued about 5.5M shares, very significantly diluting shareholder value, for just 1.8M dollars? Based on the 3rd quarter 2025 financial results, AIM has a monthly burn rate of
$550,000. That huge dilution won’t cover even 4 months of operation. And AIM made this deal with Maxim Group, charged by the SEC for securities fraud:
https://www.sec.gov/enforcement-litigation/administrative-proceedings/34-98605-s
