Dilution profile // every instrument, one screen, from SEC filings

Sprott Physical Gold Trust (PHYS)

CIK 1477049 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGHF-1MEF on file 2010-09-17
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
MEDIUM+38% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
NOT COMPUTEDrunway not computable from latest facts
= cash vs trailing operating burn

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2017-12-312025-12-31

Latest: 475.5M shares as of Dec 31, 2025 (40-F).

Cash runway

Not enough filing data

can’t compute a runway

Full breakdown: cash runway tool

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.

Registrations and offerings

Last 12 months: 0 executed · 0 registered.

REGISTEREDSep 17, 2010F-1MEF registration — capacity to sell shares, not a sale yetF-1MEF
EXECUTEDSep 17, 2010Prospectus supplement priced — shares or notes (large filers: often a bond deal)424B1
REGISTEREDSep 16, 2010F-1/A registration — capacity to sell shares, not a sale yetF-1/A
EFFECTIVESep 16, 2010SEC declared a registration effective — selling can beginEFFECT
REGISTEREDSep 3, 2010F-1 registration — capacity to sell shares, not a sale yetF-1
EXECUTEDMay 27, 2010Prospectus supplement priced — shares or notes (large filers: often a bond deal)424B1
REGISTEREDMay 26, 2010F-1MEF registration — capacity to sell shares, not a sale yetF-1MEF
REGISTEREDMay 25, 2010F-1/A registration — capacity to sell shares, not a sale yetF-1/A
EFFECTIVEMay 25, 2010SEC declared a registration effective — selling can beginEFFECT
REGISTEREDMay 14, 2010F-1 registration — capacity to sell shares, not a sale yetF-1
MARKETINGFeb 26, 2010Free-writing prospectus — offering being marketedFWP
EXECUTEDFeb 26, 2010Prospectus supplement priced — shares or notes (large filers: often a bond deal)424B1

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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