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Paranovus Entertainment Technology Ltd. logo
PAVS$3.28+3.80%

Paranovus Entertainment Technology Ltd.

Sector: Services-Computer Processing & Data PreparationIndustry: Medical - PharmaceuticalsCountry: USExchange: Nasdaq

Mkt Cap$2.85M
Float & O/S
Inst Own

DilutionScan read 18 of Paranovus Entertainment Technology Ltd.'s SEC filings and found 2 warrant series, 7 convertibles, 2 ATM programs, 3 shelf registrations and 7 completed offerings on file for PAVS. The latest dilution event on file is an offering on Jul 2, 2026. Analysis updated Sep 4, 2026.

Signal8 Summary

PAVS

Going-concern warning and massive dilution

Snapshot

Paranovus is a micro-cap shell in severe distress. Revenue collapsed from $23.3 million in 2022 to just $72,000 in 2024, a 98.9 percent drop. The company lost $7.9 million last year and burns $2.7 million in cash annually. With only $5.0 million in cash and $2.4 million in debt, the cash runway is tight at 7.2 months.

What's Happening Right Now

  • : The company filed to sell up to $195 million in new shares via an at-the-market offering, a move that could dilute existing holders by over 12,000 percent.
  • : Auditor Enrome LLP issued a report raising substantial doubt about the company's ability to continue as a going concern.
  • : Paranovus discontinued its AI entertainment projects, including SimTwin and 10,000 Lives, due to performance issues and insufficient funding.
  • : The company purchased a $1 million secured convertible note from Knox Golf Academy, gaining the right to appoint a director to Knox's board.

Raise routes on file: effective shelf · latest dilution event 124 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

Jul 2, 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

Warrants · 2

What is this?

Exercise price, shares and dates with Pro

Pre-Funded Warrants (March 2026 registered direct offering)

Issued 2026

Outstanding

Shares Underlying

Exercise Price

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

Pre-Funded Warrants (June 2026 registered direct offering)

Issued 2026

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

Convertible

Repaid

Principal

Conversion Price

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

Convertible

Repaid

Principal

Conversion Price

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

Convertible

Repaid

Principal

Conversion Price

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

Convertible

Repaid

Principal

Conversion Price

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

Convertible

Repaid

Principal

Conversion Price

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

Convertible

Repaid

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 2025

Terminated

Total capacity

Sold to date

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

ATM program

Issued 2026

Terminated

Total capacity

Sold to date

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

Shelf · 3

What is this?

Capacity, dates and baby-shelf status with Pro

F-3 shelf registration

Issued 2025

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

F-3 shelf registration

Issued 2023

Superseded

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

F-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 7

What is this?

Proceeds, price, shares and agent with Pro

Registered direct offering

Issued 2026

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

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

PIPE

Issued 2026

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

ATM block sale

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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