Decoy Therapeutics Inc. (DCOY) AI Dilution Summary

Estimated cash was $9,536,228 as of 2026-09-23, rolled forward from $8,289,108 at 2026-06-30 against estimated monthly burn of $923,558. The most recent capital raised was $3,849,410 from the cash exercise of 1,184,434 Series B Milestone Warrants at $3.25, closed 2026-09-23. Dilution here is driven primarily by the C/M Capital Master Fund, LP equity line, which has $5,000,000 remaining of a $10,000,000 commitment.