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

RF Acquisition Corp III (RFAM)

CIK 2091712 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 computed sub-ratings (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
HIGH$127M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
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
LOW0% 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

2026-03-122026-07-21

Latest: 13.9M shares as of Jul 21, 2026 (10-Q).

⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2026-07-21
HowThe newest cover-page count as filed, whatever its age. The float checker applies a 200-day freshness rule and sets this beside the balance-sheet count.
Open the source document →

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 Jul 21, 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

Registered offering capacity on live registrations: $126.5Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-1Oct 17, 2025$126.5M registeredfiling →

Last 12 months: 3 executed · 4 registered.

EXECUTEDFeb 24, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDFeb 18, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
UPDATEFeb 13, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
EXECUTEDFeb 12, 2026Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →
EFFECTIVEJan 30, 2026SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDJan 29, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDJan 29, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDJan 20, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDDec 19, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDOct 17, 2025S-1 registration — capacity to sell shares, not a sale yetS-1 →

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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