Immuron Ltd (IMRN) AI Dilution Summary

The company is funding itself from its balance sheet: cash was $9,017,814 at 2026-06-30 against estimated monthly burn of $271,643, both as stated at the last reported balance-sheet date. Dilution here is driven primarily by the active F-3 shelf registration 333-280667. It is registered to $15,000,000, with $4,916,568 used to date and $10,083,432 remaining, and it expires 2027-07-19.