TAO Synergies Inc. (TAOX) AI Dilution Summary

Cash was $2,368,457 at 2026-06-30, against estimated monthly burn of $291,660. Dilution here is driven primarily by the Series E Common Stock Warrants: 2,948,813 shares at a $3.85 exercise price. They carry a full-ratchet price-based adjustment, so an issuance below the exercise price lowers that price and has added warrants.