Founder Group Ltd (FGL) AI Dilution Summary

Cash was $19,759,458 at 2025-12-31 against estimated monthly burn of $842,051. The most recent capital raised was a $1,000,000 net Avondale pre-paid purchase that closed 2026-07-06. Dilution is driven primarily by the $8,070,000 Streeterville convertible note, which matures 2026-12-11.