MERCER INTERNATIONAL INC. (MERC) AI Dilution Summary

Mercer is funding itself from its balance sheet: cash was $78,775,000 at 2026-06-30, against estimated monthly burn of $5,038,667. Dilution here is driven primarily by S-3 shelf registration 333-289440. It is registered to $750,000,000, with $750,000,000 remaining, and expires 2028-08-22.