Aug. 9 at 2:25 PM
$CELZ
~3/31/26 CELZ had 3,696,668 shares outstanding.
8/7/26 CELZ had 6,592,557.
That's a ~78% increase in about 4 months.
Based on the latest filings, another ~8.61M shares remain underlying outstanding warrants, including the 5.58M new
$1.60 warrants awaiting shareholder approval. If all remaining warrants were eventually exercised for cash, they could theoretically generate roughly
$18.9M in gross proceeds.
So POTENTIAL share count if all remaining warrants were exercised is ~15.20M, which would still leave CELZ with roughly 9.8M AS to do as they wish with under the CURRENT 25M authorization.
CELZ reported
$8.7M cash at June 30. Using that as a static starting point, full cash warrant exercise would imply roughly
$27.6M before subsequent cash burn.
So why does management want another 75M authorized shares?
