Ribbon Acquisition Corp. (RIBB) AI Dilution Summary

Cash was $669 at 2026-06-30 against estimated monthly burn of $14,794, and the funding channel the filings describe is a $100,000,000 equity line with Meteora Select Trading Opportunities Master, LP. Dilution here is driven primarily by that equity line, which is price-linked: advance notices require the investor to purchase common shares "at a price generally equal to 97% of the applicable market price," so a fixed dollar draw buys more shares at a lower price. A floor price is not disclosed.