S-1 · primary offering
Issued 2026
Proposed maximum
Shares registered
- Filed
- Effective
RMSG$0.1918+3.23%
Real Messenger Corp
Sector: Services-Computer Programming, Data Processing, Etc.Industry: Software - ApplicationCountry: USExchange: Nasdaq
Mkt Cap:$1.89M
Float & O/S:7.78M / 9.83M
Inst Own:5.2%
DilutionScan read 19 of Real Messenger Corp's SEC filings and found 5 warrant series, 1 convertible, 1 S-1 registration and 2 completed offerings on file for RMSG. The latest dilution event on file is an offering on Jun 9, 2026. Analysis updated Oct 1, 2026.
Signal8 Summary
RMSG
Near-delisting micro-cap burning cash fast
Snapshot
Real Messenger is a tiny real estate social-messaging platform with almost no revenue ($29K for the year) and a $4.1M net loss. It burned $3.6M in free cash flow against just $322K in cash on hand.
What's Happening Right Now
- : The board authorized a two-year program to repurchase up to $2.0M of Class A shares.
- : The FY2026 20-F disclosed just $29,472 in revenue and flagged material weaknesses in internal accounting controls, warning the company may never become profitable.
- : Nasdaq told Real Messenger its shares traded below $1 for 30 straight days and gave it until January 19, 2027 to regain compliance, with a reverse split under consideration.
Raise routes on file: no active ATM, effective shelf, S-1 or equity line in the filings read · latest dilution event 148 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
Jun 9, 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
Shares outstanding, potential dilution and cash over time
Completed
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- Expiration
Warrant
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- Expiration
June 2026 Common Warrants
Issued 2026
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- Anti-Dilution
- Cashless Exercise
- Expiration
June 2026 Pre-Funded Warrants
Issued 2026
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- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2026
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- Anti-Dilution
- Cashless Exercise
- Expiration
Convertible
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- Interest rate
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Public offering
Issued 2026
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Price per share
- Shares issued
- Warrant coverage
- Placement agent
Offering
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your RMSG 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)
