The EFFECT notice makes the F-1 registration live, enabling Armistice Capital to resell up to 3.125M shares. Monitor for selling pressure from Armistice, which could weigh on PLSM's stock. The company's cash position and burn rate remain the key fundamental drivers — watch for any subsequent capital raise announcement.
Price Chart
Executive Summary
Pulsenmore's F-1 registration statement has been declared effective by the SEC, enabling the resale of 3,125,000 ordinary shares by Armistice Capital Master Fund Ltd. The company will not receive any proceeds from the resale, but the effectiveness removes a key procedural barrier, allowing the selling shareholder to begin selling shares immediately. This creates a potential overhang of ~3.1M shares (approximately 12% of shares outstanding based on the $25M market cap), though the company could receive up to ~$7.5M if the underlying warrants are exercised for cash.
Key Facts
- F-1 registration declared effective, covering 3,125,000 ordinary shares held by Armistice Capital Master Fund Ltd.
- The company will not receive any proceeds from the resale of shares by Armistice.
- The company could receive up to ~$7.5M if Armistice exercises its warrants for cash.
- The F-1 was filed 11 days ago on July 2, 2026.
Financial Impact
No new capital raised by the company; potential $7.5M from warrant exercise is contingent and uncertain.
Risk Factors
- Selling pressure from Armistice Capital's resale of 3.125M shares could depress PLSM's stock price.
- The company may still need additional capital beyond the potential $7.5M warrant exercise proceeds.
Market Snapshot
Investment Themes
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 6-K | $1.90 | awaiting T+20 | — | $1.76 (−7.47%) |
Oct 8, 2026 17d ago | SC 13G | $1.85 | awaiting T+20 | — | $1.76 (−4.97%) |
Sep 17, 2026 5w ago | 6-K | $2.42 $1.81 | ▼ −25.21% | ▼ −26.41% | $1.76 (−27.36%) |
Sep 8, 2026 6w ago | 6-K | $2.46 $2.16 | ▼ −12.20% | ▼ −13.91% | $1.76 (−28.54%) |
Sep 2, 2026 7w ago | EFFECT | $2.55 $2.22 | ▲ +12.94% | ▲ +12.86% | $1.76 (+31.06%) |
Aug 31, 2026 8w ago | 6-K | $2.62 $2.19 | ▼ −16.41% | ▼ −16.22% | $1.76 (−32.90%) |
Aug 19, 2026 9w ago | 6-K | $3.01 $2.42 | ▼ −19.60% | ▼ −18.76% | $1.76 (−41.59%) |
Aug 17, 2026 10w ago | 6-K | $2.89 $2.41 | ▼ −16.61% | ▼ −14.63% | $1.76 (−39.17%) |
Jul 13, 2026 15w ago | 6-K | $3.62 $3.26 | ▼ −9.94% | ▼ −13.13% | $1.76 (−51.44%) |
Jul 13, 2026 15w ago | EFFECT | $3.62 $3.26 | ▼ −9.94% | ▼ −13.13% | $1.76 (−51.44%) |
US Market Status
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