NaaS Technology Inc. (NAAS) AI Dilution Summary

Estimated cash was $38,349,667 as of 2026-08-31, rolled forward from $11,383,000 at the 2026-06-30 balance-sheet date. The most recent capital raised was a private placement that closed 2026-08-31 for $25,000,000 gross, issuing 24,024,022,400 shares at $0.0010 per share. Dilution is driven primarily by the $35,000,000 2024 New Note held by LMR.