S-1 · resale registration
Issued 2025
Proposed maximum
Shares registered
- Filed
- Effective
SRXH$0.9355-3.54%
SRX Global Inc.
Sector: BeveragesIndustry: Software - ApplicationCountry: USExchange: NYSE
Mkt Cap:$20.79M
Float & O/S:
Inst Own:
DilutionScan read 25 of SRX Global Inc.'s SEC filings and found 9 warrant series, 6 convertibles, 1 equity line, 2 S-1 registrations and 4 completed offerings on file for SRXH. The latest dilution event on file is an offering on Aug 27, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
SRXH
Reverse split, pivot to investment holding
Snapshot
SRX Global just underwent a total business pivot: after revenue collapsed 87% to $6.5M in FY2025, the company completed a 1-for-60 reverse split, renamed itself, and became an AI-branded investment holding vehicle.
What's Happening Right Now
- : Fiscal Q3 2026 results showed $62.9M net asset value ($3.22/share), $36.7M cash, no debt, and a 35% improvement in the quarterly EBITDA loss to $1.6M.
- : Portfolio company Smartkem announced a merger with Ferrox Critical Minerals; SRX Global holds a 4.99% stake in Smartkem.
- : Board authorized a $20M repurchase program for up to 10 million shares, citing a debt-free balance sheet and strong cash position.
- : NYSE American halted the stock and forced a 1-for-60 reverse split after shares closed below $0.10, effective July 6, 2026.
- : SRx Health Solutions closed the EMJX acquisition and renamed itself SRX Global, pivoting from health services to an AI-branded investment platform.
Raise routes on file: effective S-1 + active equity line · latest dilution event 68 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
Aug 27, 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
Effective
S-1 · resale registration
Issued 2025
Proposed maximum
Shares registered
- Filed
- Effective
Series A Warrants (October PIPE Warrants, issued October 31, 2025)
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Series B Warrants (initial closing, March 16, 2026)
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Series B Warrants (additional closing, July 27, 2026)
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Issued 2026
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Warrant
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
Convertible
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- Interest rate
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July 2025 Senior Secured Convertible Notes
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Series A Convertible Preferred Stock
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Series B Convertible Preferred Stock (initial closing)
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Series B Convertible Preferred Stock (July 27, 2026 additional closing)
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Series C Convertible Preferred Stock
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Equity line
Issued 2025
Commitment
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PIPE
Issued 2025
Gross proceeds
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- Shares issued
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- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Offering
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your SRXH 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)
