Aug. 1 at 1:25 AM
$AMOD The only potential future dilution for 2025 based on current filings would result from insider debt conversion (e.g. the
$1.5M note at
$5/share strike),
and the Streeterville convertible note, if and when it’s converted.
The Streeterville Capital note is convertible at 90% of the 5‑day VWAP, subject to a floor price of
$1.25 per share.
Streeterville can convert up to approx. 1.38 million shares, based on the 9.99% beneficial ownership cap relative to ~13.8 M shares outstanding.
Actual converted shares may be fewer, depending on the conversion price/VWAP at the time, but cannot exceed the cap,
and they cannot con convert anything below
$1.25 a share.
So in short, no, there is no dilution going on right now.
