NexMetals Mining Corp. (NEXM)
CIK 795800 · all EDGAR filings →
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
Latest: 35.6M shares as of May 13, 2026 (10-Q). Share count fell from 429.0M to 21.5M between May 13, 2025 and Aug 13, 2025, a pattern consistent with a reverse split (roughly 1-for-20); 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
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| Private Placement Warrants | not tagged | not tagged | 2y | — |
Tranches exactly as the company dimensioned them in its 10-Q filed May 13, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.
Warrants outstanding: 23.5M underlying shares, as reported Dec 31, 2025 (10-K).
Reported exercise price: $1.1 (aggregate figure as tagged; individual tranches vary).
Balance-sheet fair value of warrants: $4.4M as of Jun 21, 2024.
Rough fully diluted estimate: 59.1M = 35.6M O/S + 23.5M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.
Convertible notes
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| Term Loan | $20.9M | $0 | $6 | 10% | ~3.5M sh |
If every note above converted at its tagged price: ~3.5M new shares on 35.6M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.
Notes exactly as the company dimensioned them in its 10-Q filed May 13, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.
Fully diluted build-up
Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.
| Shares outstanding | 35.6M | May 13, 2026 |
| + Warrants (aggregate, as tagged) (if exercised) | 23.5M | Dec 31, 2025 |
| + Term Loan (if fully converted) | 3.5M | Mar 31, 2026 |
| Fully diluted estimate | 62.6M | +75.6% vs O/S |
Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.
Registrations and offerings
No offering-related filings found in the window reviewed.
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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