S-1 · primary and resale
Issued 2025
Proposed maximum
Shares registered
- Filed
- Effective
IMSR$2.93-2.17%
Terrestrial Energy Inc.
Sector: Fabricated Plate Work (Boiler Shops)Industry: Regulated ElectricCountry: USExchange: Nasdaq
Mkt Cap:$379.27M
Float & O/S:
Inst Own:
DilutionScan read 40 of Terrestrial Energy Inc.'s SEC filings and found 5 warrant series, 4 convertibles, 1 S-1 registration and 2 completed offerings on file for IMSR. The latest dilution event on file is an offering on Mar 19, 2026. Analysis updated Oct 27, 2026.
Signal8 Summary
IMSR
Pre-revenue nuclear developer near 52-week high
Snapshot
Terrestrial Energy is a pre-revenue developer of small modular nuclear reactors, with no commercial plants expected until the early 2030s. FY 2025 net loss was $28.0M on essentially no revenue, and the company burned $17.6M in free cash flow.
What's Happening Right Now
- : Terrestrial Energy was selected to supply IMSR technology to Ameresco's power project at the U.S. Army's Aberdeen Proving Ground, though no contract value was disclosed.
- : The company submitted its Graphite Topical Report to the NRC, the second of at least three planned 2026 filings supporting its licensing basis.
- : Q2 10-Q showed first-half net loss widened 59% YoY to $19.9M as R&D spend more than doubled, with management citing roughly 49.4M shares of dilution overhang from options, RSUs, and warrants.
- : Board member Shawn Matthews resigned effective July 27, 2026, with the company stating it was not due to any disagreement.
- : Q2 2026 net loss narrowed to $9.4M from $10.5M, with $283.4M in cash and key NRC and site-control milestones reached.
Raise routes on file: effective S-1 · latest dilution event 229 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
Mar 19, 2026 · Offering
Every warrant, convertible, ATM and shelf, cited to the filing
A free account reads 3 tickers a day in full
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
Share count and cash history
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Effective
Warrant
Issued 2024
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Warrant
Issued 2024
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Warrant
Issued 2024
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Warrant
Issued 2025
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Convertible
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PIPE
Issued 2025
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Offering
Issued 2026
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Know who's about to sell into your IMSR trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
