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OFAL$0.25+1.21%

OFA Group

Sector: Services-Engineering ServicesIndustry: Engineering & ConstructionCountry: USExchange: Nasdaq

Mkt Cap$1.61M
Float & O/S
Inst Own

DilutionScan read 21 of OFA Group's SEC filings and found 1 warrant series, 9 convertibles, 1 equity line, 4 S-1 registrations and 11 completed offerings on file for OFAL. Analysis updated Oct 29, 2026.

Signal8 Summary

OFAL

Reverse split and exhausted cash runway

Snapshot

OFA Group is a micro-cap architectural firm pivoting to AI, but the financials are in distress. Revenue grew 255% to $717K in FY 2026, but the company posted an $8.0M net loss, losing roughly eleven dollars for every dollar of sales.

What's Happening Right Now

  • : OFA Group executed a 1-for-10 reverse stock split effective July 31, 2026 to support its continued listing on the Nasdaq Capital Market.
  • : The company filed a late annual report notice, citing a need for more time to finalize statements and disclosing a net loss of $7.3M against revenue growth of $514,878.
  • : Nasdaq granted OFAL an additional 180-day period until December 7, 2026 to regain compliance with the minimum $1.00 bid price requirement.
  • : OFA Group filed to register 61 million Class A ordinary shares for resale, representing 230% of current outstanding shares, and disclosed plans to use 80% of equity proceeds to buy Bitcoin and Solana.

Raise routes on file: effective S-1 + active equity line · latest dilution event 9 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

Oct 25, 2026 · Offering Priced

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 · 4

What is this?

Size, shares registered and dates with Pro

S-1 · resale registration

Issued 2026

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 2025

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 1

What is this?

Exercise price, shares and dates with Pro

IPO Underwriter's Warrants ( of IPO shares, exercise price of IPO price)

Outstanding

Shares Underlying

Exercise Price

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

Convertibles · 9

What is this?

Principal, conversion terms and dates with Pro

Convertible

Converted

Principal

Conversion Price

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

Convertible

Converted

Principal

Conversion Price

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

Convertible

Outstanding

Principal

Conversion Price

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

Convertible

Outstanding

Principal

Conversion Price

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

Convertible

Not yet issued

Principal

Conversion Price

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

Convertible

Converted

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 2025

Active

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Offerings · 11

What is this?

Proceeds, price, shares and agent with Pro

PIPE

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

PIPE

Issued 2025

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

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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