📊 Score Breakdown
Offering Ability
60
Cash Runway
0
Float Risk
17
Warrant Exposure
15
Convertible Debt—
🌦️ Dilution Forecast
⛈️
Warning
High probability of dilution event
54%
🔁 Convertible Conversion
60%
• Major convertible overhang: 61% potential dilution
• Convertible risk score very high (85/100)
🔄 Reverse Split
55%
• 50-day avg $0.39 below $1 exchange minimum
📉 Score Deterioration
40%
• Score rose 30 points recently (worsening)
💹 Market Data
Market Cap$45.02M
Shares Outstanding118.96M
Float113.04M
Cash$38.07M
Debt$182.40M
Short InterestN/A
🏛 Institutional Holdings
10 institutional holders · 54.61M shares
#1
TCW Group, Inc.
15.47M shares
#2
Blackrock Inc.
8.55M shares
#3
Vanguard Group Inc
5.82M shares
+ 7 more holders Sign up free to view →
📉 Short Interest
Short Interest6.60M
Days to Cover1.2
% of Float5.8%
FINRA data as of May 15, 2026
📁 Recent SEC Activity
xbrl
XBRL CONVERTIBLE
Jun 30, 2025
xbrl
XBRL WARRANT
Jun 30, 2025
3
FORM3
Apr 17, 2026
3
FORM3
Apr 10, 2026
8-K
8K EVENT
Apr 07, 2026
Full SEC filing analysis available with free account →
📰 Recent News
No recent news
🔬 More Research for ARAY
📊 ARAY FDA Catalyst Timeline & Biotech Grade — BiotechSigns
📡 ARAY Signal Convergence & Dark Pool Activity — StonkWhisper
Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.