Binah Capital Group, Inc. (BCG) AI Dilution Summary

Cash was $10,909,000 at the 2026-06-30 balance-sheet date, the most recent reported funding position. Dilution here is driven primarily by the price-linked Series B Convertible Preferred Stock: 150,000 shares with a $10 stated value per share. Its conversion is VWAP-linked, so the number of shares issuable rises as the share price falls, down to a contractual conversion floor of $6.00.