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

GraniteShares Platinum Trust (PLTM)

CIK 1690842 · 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
HIGHS-1 on file 2024-01-17
= 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
HIGH+174% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
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

2020-08-212026-05-08

Latest: 12.1M shares as of May 8, 2026 (10-Q). Share count fell from 5.8M to 700,000 between May 8, 2025 and Aug 8, 2025, a pattern consistent with a reverse split (roughly 1-for-8); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

Not enough filing data

can’t compute a runway

Full breakdown: cash runway tool · source filing →

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

No convertible-note facts tagged in the 10-Q filed May 8, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Registrations and offerings

S-1Jan 17, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 0 executed · 0 registered.

UPDATEJan 23, 2024Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEJan 23, 2024SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJan 17, 2024S-1 registration — capacity to sell shares, not a sale yetS-1
UPDATEJan 26, 2021Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEJan 22, 2021SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJan 11, 2021S-1 registration — capacity to sell shares, not a sale yetS-1
UPDATEDec 23, 2020Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEDec 21, 2020SEC declared a registration effective — selling can beginEFFECT
UPDATEMay 18, 2020Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEOct 30, 2019Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEOct 28, 2019SEC declared a registration effective — selling can beginEFFECT
UPDATEApr 9, 2019Prospectus update — often a resale registration, not necessarily new capital424B3

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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