Pinnacle Food Group Ltd (PFAI) AI Dilution Summary

Cash was $942,820 at 2025-12-31 against estimated monthly burn of $298,808. After that balance-sheet date, a $50,000 one-time sign-on bonus to the new CFO, Dr. Yunhao Chen, was payable on 2026-06-15 under her Executive Services Agreement. Dilution here is driven primarily by 7,695,000 exchangeable shares: the Class B common shares, which a holder may convert into Class A common shares at any time at the holder's option.