The company is aggressively tapping the ATM facility, having already sold ~$9.3M in stock. This additional $6.8M tranche represents ~14% of the public float, creating persistent downward pressure. Monitor share price for acceleration of selling; any positive catalyst (e.g., pipeline data) may be offset by continued dilution.
Price Chart
Executive Summary
Rocket One Inc. filed Amendment No. 2 to its prospectus supplement, increasing the aggregate amount of common stock it may sell under its existing Sales Agreement with H.C. Wainwright by up to $6.83 million. The company has already sold 8.12 million shares for gross proceeds of ~$9.27 million under this agreement. This filing signals continued dilution risk for existing shareholders.
Key Facts
- Rocket One is offering up to an additional $6,829,000 of common stock under the existing Sales Agreement with H.C. Wainwright.
- Since entering the Sales Agreement (Nov 2024), the company has sold 8,124,155 shares for gross proceeds of ~$9.27 million.
- The public float is ~$48.3 million (21.77M non-affiliate shares at $2.22/share as of June 2, 2026).
- The offering is limited by General Instruction I.B.6 of Form S-3 to one-third of public float in any 12-month period.
- Common stock trades on Nasdaq under symbol 'RKTO' (closing price $2.22 on June 2, 2026).
Financial Impact
Up to $6.83 million in additional dilution, representing ~14% of current public float ($48.3M). Prior sales of $9.27M have already diluted existing holders.
Risk Factors
- Continued dilution from ATM sales could depress share price.
- The company's reliance on equity financing suggests limited cash runway or profitability.
- Nasdaq listing under $2.22/share with small float makes the stock susceptible to volatility from selling pressure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001213900-26-064456 |
| Document: 0001213900-26-064456-index-headers.html | 0001213900-26-064456 |
| Document: 0001213900-26-064456-index.html | 0001213900-26-064456 |
| Document: 0001213900-26-064456.txt | 0001213900-26-064456 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEF 14A | — | awaiting T+20 | — | — |
Jun 3, 2026 20w ago | 8-K | $2.14 $0.8880 | ▼ −58.50% | ▼ −57.50% | — |
Jun 3, 2026 20w ago | 8-K | $2.14 $0.8880 | ▲ +58.50% | ▲ +57.50% | — |
Jun 3, 2026 20w ago | 424B5 | $2.14 $0.8880 | ▲ +58.50% | ▲ +57.50% | — |
Jun 2, 2026 20w ago | 8-K | $2.14 $0.8880 | ▼ −58.50% | ▼ −57.50% | — |
May 28, 2026 21w ago | 8-K | $1.70 $0.9508 | ▼ −44.07% | ▼ −41.63% | — |
May 27, 2026 21w ago | 424B5 | $1.70 $0.9508 | ▲ +44.07% | ▲ +41.63% | — |
May 27, 2026 21w ago | 8-K | $1.36 $0.8750 | ▼ −35.66% | ▼ −33.76% | — |
May 4, 2026 25w ago | 8-K | $0.7100 $2.22 | ▼ −212.68% | ▼ −207.72% | — |
Apr 16, 2026 27w ago | 8-K | $0.7300 $0.6660 | ▼ −8.77% | ▼ −14.14% | — |
US Market Status
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