Mar. 12 at 6:36 PM
$EJH Here’s what the filings show:
FLOAT / SHARE SUPPLY
• Estimated current float: ~70–80M shares (post offerings & dilution)
RECENT OFFERINGS
• Nov 7, 2025: Private placement
– 30,000,000 shares @
$0.70
– Raised ~
$21M.X 💰
• Nov 28, 2025: Registered direct offering
– 30,000,000 shares @
$0.45
– Raised ~
$13.5M 💰
WARRANT STRUCTURE
• Investor warrants exist but strike prices are well ABOVE current market price.
Examples:
• ~
$0.80 exercise price warrants
• ~
$3.24 placement agent warrants
With
$EJH trading near ~
$0.10, these warrants are currently deep out-of-the-money, meaning they are unlikely to be exercised at current levels.
KEY TAKEAWAY
• Recent dilution already occurred via the two 2025 offerings
• Warrants cannot be profitably exercised at current prices
• Current selling pressure likely not coming from warrant exercise
Always do your own DD. Not financial advice
