Glucotrack, Inc. (GCTK) AI Dilution Summary
Updated Sep 28, 2026
Cash was $1,124,000 at 2026-06-30 against estimated monthly burn of $1,881,412, and the company raised $3,100,000 gross in a registered direct offering that closed 2026-09-25 at $2.04 per share, placed by Dawson James Securities, Inc. The main driver is the $50,000,000 White Lion Capital, LLC equity line. Purchases are priced at 97% of the lowest daily VWAP over 3 consecutive business days, or at the lowest traded price, so each dollar raised issues more shares as the price falls.