LGHL$2.02-7.99%
Lion Group Holding Ltd
Sector: Security Brokers, Dealers & Flotation CompaniesIndustry: Financial - Capital MarketsCountry: SGExchange: Nasdaq
Mkt Cap:Not measured
Float & O/S:
Inst Own:
DilutionScan read 52 of Lion Group Holding Ltd's SEC filings and found 11 warrant series, 9 convertibles, 1 shelf registration and 3 completed offerings on file for LGHL. The latest dilution event on file is an offering on Sep 28, 2026. Analysis updated Oct 11, 2026.
Signal8 Summary
LGHL
Serial reverse splits, dilution overhang, cash burn
Snapshot
Lion Group is a micro-cap trading platform operator with a market cap of just $185K and a stock sitting near its 52-week low. FY 2025 revenue was only $833K, down over 100% YoY, and the company lost $5.0M with negative free cash flow of $3.5M.
What's Happening Right Now
- : On September 28, 2026, Lion Group issued a $3M convertible note with a floor price that ratchets down over time, a structure that becomes heavily dilutive if the share price falls, and warned the related Skyfame restructuring may need even more capital.
- : Lion Group gave an update on the proposed restructuring of Skyfame Realty (Holdings) Limited, which is currently in liquidation.
- : Lion Group reaffirmed it intends to keep holding Hyperliquid (HYPE) tokens as part of its crypto treasury strategy.
- : Lion Group's board adopted a new 2026 incentive plan authorizing up to 14.6 trillion Class A shares for future awards, an enormous potential dilution overhang even though no awards have been granted yet.
- : Lion Group plans a 1-for-20 reverse ADS split effective around September 10, 2026, management's sixth share consolidation in the past year.
