Skip to content
DilutionScan
CERENOME, INC. logo
CNSY$1.29-24.57%

Cerenome, Inc.

Sector: Surgical & Medical Instruments & ApparatusIndustry: Medical - PharmaceuticalsCountry: USExchange: Nasdaq

Mkt Cap$9.79M
Float & O/S
Inst Own

DilutionScan read 24 of CERENOME, INC.'s SEC filings and found 5 warrant series, 7 convertibles, 2 ATM programs, 2 equity lines, 3 shelf registrations, 4 S-1 registrations and 3 completed offerings on file for CNSY. The latest dilution event on file is an offering on Sep 10, 2026. Analysis updated Oct 6, 2026.

Signal8 Summary

<1h old

CNSY

Cash crunch despite pipeline progress

Business
WeakNet loss $22.4M on $5.2M revenue, runway ~1 month
Stock risk
High$9.6M micro-cap, 1-for-25 reverse split, shares +910% YoY

Snapshot

Cerenome is a clinical-stage cancer company with a small but growing diagnostics business. FY 2025 revenue was $5.2M, down 10.5% YoY, while the net loss was $22.4M, more than four times revenue.

What's Happening Right Now

  • : Cerenome completed enrollment in its Phase 2 ReSPECT-GBM trial of REYOBIQ in recurrent glioblastoma on Oct 29, 2026, with topline data expected mid-2027.
  • : Cerenome will present interim safety and biomarker data from the first 10 patients in its ReSPECT-LMM study at the SNO Annual Meeting, Nov 12-15, 2026.
  • : Cerenome's CNSide Diagnostics signed an in-network agreement with Florida Blue effective Oct 1, 2026, bringing total contracted payer coverage to approximately 164 million lives.
  • : Cerenome's CNSide Diagnostics commercially launched two new CSF-based molecular profiling tests in the U.S. starting Oct 12, 2026, expanding beyond its original leptomeningeal metastases test.
  • : On Sep 10, 2026, Cerenome entered a senior secured financing facility of up to $20 million with 3i, LP, structured with royalty-based repayments to fund CNSide commercial scale-up.
  • : Raised $3.00M in gross proceeds through a private placement (PIPE), and a $3.19M convertible note.
  • : Sold $1.80M net / 436K shares through its at-the-market program, as stated for Apr 1, 2026 to Jun 30, 2026.
  • : Sold $1.80M net / 436K shares through its at-the-market program, as stated for Jan 1, 2026 to Jun 30, 2026.

Raise routes on file: active ATM + effective shelf + effective S-1 + active equity line · latest dilution event 54 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 10, 2026 · Offering

How we read filings

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

A free account reads 3 tickers a day in full

Get Pro · every ticker

$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)

Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 4

What is this?

Size, shares registered and dates with Pro

S-1 · resale registration

Issued 2024

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · resale registration

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · resale registration

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2026

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 5

What is this?

Exercise price, shares and dates with Pro

January 2026 Warrants

Issued 2026

Outstanding

Shares Underlying

Exercise Price

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

May 2024 Series A Warrants

Issued 2024

Outstanding

Shares Underlying

Exercise Price

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

March 2025 Series B Warrants

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

March 2025 Series A Warrants

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

March 2025 Pre-Funded Warrants

Issued 2025

Outstanding

Shares Underlying

Exercise Price

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

Convertibles · 7

What is this?

Principal, conversion terms and dates with Pro

September 2026 Senior Secured Convertible Notes – Initial Notes

Outstanding

Principal

Conversion Price

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

September 2026 Senior Secured Convertible Notes – Second Notes

Not yet issued

Principal

Conversion Price

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

September 2026 Senior Secured Convertible Notes – Additional Notes

Not yet issued

Principal

Conversion Price

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

February 2025 Funding Notes

Repaid

Principal

Conversion Price

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

February 2025 Exchange Notes

Converted

Principal

Conversion Price

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

Series B Convertible Preferred Stock

Outstanding

Principal

Conversion Price

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

ATM · 2

What is this?

Capacity, sold to date and agent with Pro

ATM program

Issued 2026

Active

Total capacity

Sold to date

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

ATM program

Issued 2022

Exhausted

Total capacity

Sold to date

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

Equity line · 2

What is this?

Commitment, pricing and sold to date with Pro

Equity line

Issued 2025

Active

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Equity line

Issued 2022

Expired

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Shelf · 3

What is this?

Capacity, dates and baby-shelf status with Pro

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 2025

Withdrawn

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2024

Withdrawn

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 3

What is this?

Proceeds, price, shares and agent with Pro

Public offering

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

ATM block sale

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

Know who's about to sell into your CNSY trade

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

Get Pro · every ticker

$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)

DilutionScan ProEvery instrument in full · $59/mo