New Century Logistics (BVI) Ltd (NCEW) AI Dilution Summary

The stated funding position is the anchor balance sheet: cash was $62,318 at 2026-03-31, the last reported balance-sheet date. That figure is a point-in-time amount tied to its date and does not reflect cash movements after it. Dilution here is driven primarily by the IPO underwriters' warrants, a fixed-price instrument with 7,500 shares underlying at an exercise price of $40.00, expiring 2029-06-19.