IBIO (IBIO) AI Dilution Summary

Cash was $88,000,000 at 2026-06-30 against estimated monthly burn of $1,933,333, with an active Jefferies LLC ATM authorised to $100,000,000 and $0 sold to date as the funding channel. After that balance-sheet date, warrant exercises dated 2026-09-30 raised $8,544 net from 8,543,695 shares and $46,000 net from 65,000 shares. Dilution here is driven primarily by S-3 shelf 333-293864, registered to $200,000,000 with $200,000,000 remaining and expiring 2029-03-06.