Mobile Infrastructure Corp (BEEP) AI Dilution Summary

Cash was $5,067,000 at the 2026-06-30 balance-sheet date. Dilution here is driven primarily by the Series 1 Convertible Redeemable Preferred Stock: 12,914 shares with a $1,000 stated value per share and a $12,914,000 aggregate liquidation preference as filed. Conversion divides stated value plus accrued dividends by a trailing volume-weighted average price, so the issuable count rises as the price falls, and no floor is disclosed.