other material
confidence high
sentiment negative
materiality 0.60
Oblong common shares outstanding rise 19% to 24.2M as of May 28, 2024
TaoWeave, Inc.
- Common shares outstanding: 24,169,253 on May 28, up from 20,285,675 on May 8, 2024.
- Series F Convertible Preferred shares fell from 1,008 to 358 over the same period.
- The increase likely reflects conversions of preferred stock into common shares.
- Net dilution of approximately 3.9M common shares (19% increase) in 20 days.