JLHL (JLHL) AI Dilution Summary

Cash was $6,265,098 at 2026-03-31 against estimated monthly burn of $430,909. The most recent capital raised was a private placement dated 2026-09-29: 750,000 Class A ordinary shares at US$0.300 and 2,250,000 pre-funded warrants at US$0.299, for $828,000 net and US$897,750 gross. The main source of potential dilution is F-3 shelf registration 333-297664.