Massive dilutive offering for a micro-cap with $5M market cap. Expect significant downward pressure as the market absorbs new shares and warrant overhang. Monitor for the shareholder meeting outcome and any subsequent dilutive actions.
Price Chart
Executive Summary
Cyabra entered into a securities purchase agreement to raise up to $6 million through a private placement priced at $0.435 per share, with attached Series A and Series B warrants exercisable at $0.50 and $0.45 respectively. The company also issued pre-funded warrants and amended its bylaws. Given the $5M market cap, this offering is highly dilutive and signals financial distress.
Key Financial Metrics
Key Facts
- Private placement raises up to $6 million, priced at $0.435 per share (near current market levels given $5M market cap)
- Investors receive one Series A warrant (5-year term, $0.50 strike) and one Series B warrant (12-month term, $0.45 strike) per share/pair of pre-funded warrant
- Warrants are contingent on stockholder approval and are exercisable only after such approval
- Company must hold a shareholder meeting within 60 days of closing to seek approval for warrant issuance
- Proceeds used for working capital and general corporate purposes; the company is cash-constrained
- Bylaws were amended (Item 5.03), likely related to the offering or to facilitate the shareholder vote
Financial Impact
Up to $6M gross proceeds; ~120%+ dilution if all warrants exercised relative to $5M market cap, assuming minimal pre-money float
Risk Factors
- Extreme dilution: potential full exercise of warrants could more than double the share count
- Stockholder approval risk: failure to obtain approval could trigger warrant expiry or renegotiation
- Nasdaq listing compliance risk: the company must file an additional listing application, and failure could result in delisting
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-077124 |
| Document: ea029760001ex4-1.htm | 0001213900-26-077124 |
| Document: ea029760001ex4-3.htm | 0001213900-26-077124 |
| Document: ea029760001ex4-2.htm | 0001213900-26-077124 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Press Release | $0.1480 | awaiting T+5 | — | $0.1300 (−12.16%) |
Oct 19, 2026 8d ago | EFFECT | $0.1500 $0.1390 | ▼ −7.33% | ▼ −7.19% | $0.1300 (−13.33%) |
Oct 16, 2026 10d ago | DEF 14A | $0.1432 $0.1370 | ▲ +4.33% | ▲ +3.90% | $0.1300 (+9.22%) |
Oct 13, 2026 13d ago | Press Release | $0.1598 $0.1520 | ▼ −4.88% | ▼ −3.73% | $0.1300 (−18.65%) |
Oct 7, 2026 19d ago | S-1 | $0.1700 $0.1500 | ▲ +11.76% | ▲ +11.49% | $0.1300 (+23.53%) |
Oct 5, 2026 22d ago | Press Release | $0.2080 $0.1670 | ▼ −19.71% | ▼ −20.13% | $0.1300 (−37.50%) |
Sep 30, 2026 26d ago | Press Release | $0.2140 $0.1874 | ▼ −12.43% | ▼ −14.34% | $0.1300 (−39.25%) |
Sep 22, 2026 4w ago | SC 13G | $0.2700 $0.2100 | ▼ −22.22% | ▼ −21.04% | $0.1300 (−51.85%) |
Sep 22, 2026 4w ago | SC 13G | $0.2700 $0.2100 | ▼ −22.22% | ▼ −21.04% | $0.1300 (−51.85%) |
Sep 22, 2026 4w ago | Press Release | $0.2681 $0.2112 | ▼ −21.22% | ▼ −20.04% | $0.1300 (−51.51%) |
US Market Status
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