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SuperCom Ltd (SPCB) AI Dilution Summary

Updated Oct 7, 2026

Estimated cash was $14,168,525 as of 2026-07-14, rolled forward from $7,429,000 at 2026-06-30 against estimated monthly burn of $669,000. The most recent raise was a registered direct offering that closed on 2026-07-14: 732,683 shares at $10.25 per share for $7,510,000.75 gross, placed by Maxim Group LLC. Dilution here is driven primarily by the dollar-denominated F-3 shelf 333-284219.