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

World Gold Trust (GLDM)

CIK 1618181 · 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
HIGHS-3 on file 2022-09-20
= 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+123% 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

2020-08-062026-08-03

Latest: 344.1M shares as of Aug 3, 2026 (10-Q).

⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2026-08-03
HowThe newest cover-page count as filed. It is used as the current count only while it is no more than about 15 months older than the company’s newest periodic filing; the float checker applies a 200-day rule and sets it beside the balance-sheet count.
Open the source document →
Share count fell from 239.6M to 141.8M between Feb 8, 2022 and May 6, 2022, a pattern consistent with a reverse split (roughly 1-for-2); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

Self-funding

profitable · generates cash

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 Aug 4, 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

Last 12 months: 0 executed · 0 registered.

MARKETINGJul 18, 2025Free-writing prospectus — offering being marketedFWP →
MARKETINGApr 14, 2025Free-writing prospectus — offering being marketedFWP →
MARKETINGNov 12, 2024Free-writing prospectus — offering being marketedFWP →
MARKETINGJan 19, 2024Free-writing prospectus — offering being marketedFWP →
MARKETINGSep 14, 2023Free-writing prospectus — offering being marketedFWP →
MARKETINGSep 6, 2023Free-writing prospectus — offering being marketedFWP →
MARKETINGSep 5, 2023Free-writing prospectus — offering being marketedFWP →
MARKETINGAug 17, 2023Free-writing prospectus — offering being marketedFWP →
UPDATEOct 4, 2022Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVEOct 4, 2022SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDSep 20, 2022S-3 registration — capacity to sell shares, not a sale yetS-3 →
MARKETINGMay 4, 2022Free-writing prospectus — offering being marketedFWP →

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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