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Bone Biologics Corp logo
BBLG$0.3705-0.09%

Bone Biologics Corp

Sector: Orthopedic, Prosthetic & Surgical Appliances & SuppliesIndustry: BiotechnologyCountry: USExchange: Nasdaq

Mkt Cap$1.26M
Float & O/S
Inst Own

DilutionScan read 32 of Bone Biologics Corp's SEC filings and found 17 warrant series, 1 ATM program, 5 shelf registrations, 2 S-1 registrations and 1 completed offering on file for BBLG. The latest dilution event on file is ATM sales on Sep 30, 2026. Analysis updated Oct 26, 2026.

Signal8 Summary

BBLG

Going-concern warning from auditors

Snapshot

BBLG is a pre-revenue micro-cap developing a bone regeneration device for spinal fusion. The company has generated zero revenue over the last three years and posted a $3.1M net loss in FY 2025.

What's Happening Right Now

  • : The validated shelf life of the rhNELL-1 protein was extended to 32 months to support manufacturing and distribution for the upcoming pivotal study.
  • : The company secured $3.0 million in gross proceeds from a private placement, which it states extends its operational runway through Q2 2027.
  • : Auditors issued a going-concern warning expressing substantial doubt about the company's ability to continue as a going concern within one year.

Raise routes on file: active ATM + effective shelf · latest dilution event 34 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Sep 30, 2026 · ATM Sale

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 2

What is this?

Size, shares registered and dates with Pro

S-1 · primary offering

Issued 2024

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2025

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 17

What is this?

Exercise price, shares and dates with Pro

October 2021 warrants

Expired

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

October 2022 warrants

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

October 2022 warrants

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

October 2022 warrants

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

November 2023 investor warrants

Issued 2023

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

November 2023 placement agent warrants

Issued 2023

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

ATM · 1

What is this?

Capacity, sold to date and agent with Pro

ATM program

Issued 2024

Active

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

Shelf · 5

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2025

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2022

Superseded

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2026

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 1

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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