ADXN (ADXN) AI Dilution Summary

Cash was $767,328 at 2026-06-30 against estimated monthly burn of $205,684. The company is funding itself through at-the-market sales: between July 1 and August 25, 2026 it sold 52,970,533 treasury shares, 52,762,680 of them as ADSs through the H.C. Wainwright ATM, for gross proceeds of CHF 2.3 million. Dilution here is driven primarily by registered capacity stated in dollars.