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Black Hawk Acquisition Corp logo
BKHA$5.09+8.30%

Black Hawk Acquisition Corp

Sector: Biological Products, (No Diagnostic Substances)Industry: Shell CompaniesCountry: USExchange: Nasdaq

Mkt Cap$21.14M
Float & O/S
Inst Own

DilutionScan read 15 of Black Hawk Acquisition Corp's SEC filings and found 1 warrant series, 6 convertibles, 1 equity line, 1 S-1 registration and 3 completed offerings on file for BKHA. The latest dilution event on file is an offering on Aug 21, 2026. Analysis updated Oct 14, 2026.

Signal8 Summary

Raise routes on file: no active ATM, effective shelf, S-1 or equity line in the filings read · latest dilution event 74 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

Aug 21, 2026 · Offering

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 · 1

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

Warrants · 1

What is this?

Exercise price, shares and dates with Pro

Warrant

Outstanding

Shares Underlying

Exercise Price

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

Convertibles · 6

What is this?

Principal, conversion terms and dates with Pro

Sponsor Convertible Promissory Notes (June September February May August 2026) —

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

June 2025 Convertible Note (Sponsor)

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

September 2025 Convertible Note (Sponsor)

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

February 2026 Convertible Note (Sponsor)

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

May 2026 Convertible Note (Sponsor)

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

August 2026 Convertible Note (Sponsor)

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

Equity line · 1

What is this?

Commitment, pricing and sold to date with Pro

Equity line

Issued 2026

Pending registration

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Offerings · 3

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

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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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