Aug. 8 at 12:42 AM
$NAOV Here’s a breakdown of the impact of the 4.68M warrants for NAOV at an exercise price of
$2.25:
📊 Warrant Dilution Analysis
Warrants Issued: 4,680,000
Exercise Price:
$2.25
Proceeds to Company (if exercised):
$10,530,000
Post-Dilution Outstanding Shares: 15,680,000
(assuming current float is ~11M shares)
Dilution from Warrants: 29.85%
→ Nearly 30% dilution to existing shareholders if all are exercised.
Warrant Break-even Price:
$2.25
→ Warrant holders profit if the stock trades above
$2.25.
⚖️ What This Means
Short-Term: Bearish pressure if NAOV price nears
$2.25, as warrant holders may sell into strength.
Mid-Term: If price climbs well above
$2.25 and stays there, company gets
$10.5M in funding — potentially a bullish long-term outcome if used well
