NorthStar Earth & Space Enterprises, Inc. (NSTR) AI Dilution Summary

Cash was $711,805 at 2026-06-30 against estimated monthly burn of $93,574. The most recent capital raised was a $30,000,000 gross unregistered private placement of 3,000,000 shares at $10.00 per share, closed 2026-10-01 at the business combination closing, with PIPE warrants attached. Dilution here is driven primarily by the Public Warrants (VACI WS / NSTR.WS), 7,666,645 shares at a fixed $11.50 exercise price expiring 2031-10-01.