PDS Biotechnology Corp (PDSB) AI Dilution Summary

Estimated cash was $9,972,049 as of 2026-09-14, rolled forward from $5,596,254 at 2026-06-30 against estimated monthly burn of $930,836. The most recent capital raised was a private placement closed 2026-09-14 for $11,300,000 gross, issuing 16,502,870 shares at $0.2825; a $4,600,000 note redemption was paid on 2026-09-14. Dilution is driven primarily by the active ATM program with Yorkville Securities, LLC and B. Riley Securities, Inc., authorised to $50,000,000.