Tempest Therapeutics, Inc. (TPST) AI Dilution Summary

Cash was $779,000 at 2026-06-30 against estimated monthly burn of $1,729,500. The most recent capital raised was a private placement closed 2026-09-15 ($2,500,000 gross, $2,322,112 net), beside a $50,000,000 Lincoln Park Capital Fund, LLC equity line. Dilution here is driven primarily by that equity line, priced at 97% of the lower of the purchase-date low sale price and the average of the three lowest closings over the prior 10 business days, so shares issued per dollar rise as the price falls.