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CEMTREX INC logo
CETX$1.21+2.54%

Cemtrex Inc.

Sector: Construction - Special Trade ContractorsIndustry: Software - InfrastructureCountry: USExchange: Nasdaq

Mkt Cap$2.08M
Float & O/S
Inst Own

DilutionScan read 28 of CEMTREX INC's SEC filings and found 6 warrant series, 2 convertibles, 1 shelf registration, 1 S-1 registration and 4 completed offerings on file for CETX. The latest dilution event on file is an offering on Jan 9, 2026. Analysis updated Oct 9, 2026.

Signal8 Summary

CETX

Going-concern warning from auditors

Snapshot

CETX is a distressed micro-cap with a market cap of roughly $3.1M. While the business generates $76.5M in revenue and is operationally near break-even, the company faces severe financial strain.

What's Happening Right Now

  • : Cemtrex acquired Plant Engineering Services for $3.5 million in cash plus potential earnouts, adding engineering capabilities and expecting $4 to $5 million in annual revenue.
  • : Cemtrex executed a 1-for-10 reverse stock split effective June 5, 2026, to regain compliance with Nasdaq minimum bid price requirements.
  • : Vicon Industries, a Cemtrex subsidiary, secured a $2 million order for a security technology deployment at a U.K. correctional facility.
  • : Cemtrex filed a 10-Q including going-concern language, citing substantial doubt about its ability to continue due to net losses and near-term debt obligations.
  • : Cemtrex reported Q2 revenue of $18.1 million and net income of $0.9 million, the latter boosted by a bargain purchase gain from the Richland Industries acquisition.

Raise routes on file: effective shelf · latest dilution event 298 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

Jan 9, 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 · 6

What is this?

Exercise price, shares and dates with Pro

Series A Warrants (May 2024 public offering)

Issued 2024

Outstanding

Shares Underlying

Exercise Price

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

Series B Warrants (May 2024 public offering)

Issued 2024

Outstanding

Shares Underlying

Exercise Price

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

Pre-funded warrants – December 11, 2025 registered direct offering

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

Pre-funded warrants – December 23, 2025 registered direct offering

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

Pre-funded warrants – December 30, 2025 registered direct offering

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

Pre-funded warrants – January 9, 2026 registered direct offering

Issued 2026

Outstanding

Shares Underlying

Exercise Price

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

Convertibles · 2

What is this?

Principal, conversion terms and dates with Pro

Convertible

Outstanding

Principal

Conversion Price

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

Series 1 Preferred Stock

Outstanding

Principal

Conversion Price

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

Shelf · 1

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 4

What is this?

Proceeds, price, shares and agent with Pro

Registered direct offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

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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