Features Pricing Learn Reverse Splits Tracker Shelf & ATM Tracker Warrant Tracker PIPE Deal Tracker Weekly Report FAQ API Sign In →
82 /100
CRITICAL RISK
Score updated Oct 13, 2026

HSDT — Solana Company Dilution Risk Tracker

Track HSDT dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track HSDT — Get alerts when the score changes →

As of October 13, 2026, Solana Company (HSDT) has a DilutionWatch DilutionScore of 82/100, rated CRITICAL dilution risk. Solana Company has a market capitalization of $144.50M, 60.46M shares outstanding, 48 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $1.00B, 98.76M outstanding warrants.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
80
💰 Cash Runway
85
📊 Float Risk
40
⚠️ Warrant Exposure
90
🔄 Convertible Debt
15

Dilution Forecast

⛈️
Warning
High probability of dilution event
model est. 48%
📜 Warrant Exercise model 60%
• Massive warrant overhang: 163% of shares outstanding
• Warrant risk score very high (90/100)
💰 Capital Raise model 53%
• Low cash runway: 3 months remaining
• Active ATM program with $1000M remaining capacity
🔄 Reverse Split model est. 15%
• Only 3 months cash — financial pressure
🔔 Track HSDT — Get forecast alerts →

Market Data

Market Cap$144.50M
Shares Outstanding60.46M
Float39.93M
Cash$3.65M
DebtN/A
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore82/100DilutionWatch score record
Shares Outstanding60.46MVerified float table or market cache
Public Float39.93MVerified float table or market cache
Market Cap$144.50MMarket data cache
Cash Runway3.0 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM Capacity$1.00BSEC-derived dilution fields
Outstanding Warrants98.76MSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 7.

Recent SEC source mix: 3 1, 424B5 1, 8-K 1, EFFECT 2, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↓ 26.9% shares (2026Q1 vs prior)
48 institutional holders · 16.34M shares
#1 Kathmere Capital Management, LLC 4.59M shares
#2 Pantera Capital Partners LP 3.89M shares
#3 Yorkville Advisors Global, LP 1.08M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest1.61M
Days to Cover2.2
% of Float4.0%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-14
xbrl XBRL CONVERTIBLE 2016-06-28
424B5 ATM 2026-04-27
8-K 8K EVENT 2026-04-27
EFFECT EFFECT 2026-04-08
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual HSDT Dilution Snapshot

Solana Company (HSDT) has a DilutionScore of 82/100, rated Critical dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

HSDT's DilutionScore is currently 82/100 (Critical risk), with 3 score changes tracked over 89 days. The score improved from 73/100 (High risk).

Period Score Risk Level Duration
Sep 28 – Oct 13, 202682/100CRITICAL16 days
Aug 22 – Sep 27, 202673/100HIGH37 days
Aug 14 – Aug 21, 202686/100CRITICAL7 days
Jul 16 – Aug 13, 202673/100HIGH29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

HSDT shares outstanding have decreased 0.2% from 55.00M (Apr 2026) to 54.89M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 17, 202654.89M39.93M▲ 0.69%
May 12, 202654.89M39.66M▼ 4.44%
May 08, 202654.89M41.50M▲ 1.86%
Apr 20, 202654.89M40.74M▼ 0.09%
Apr 07, 202653.50M40.78M▲ 27.69%
Apr 01, 202655.00M31.93M▲ 5.91%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track HSDT Dilution Risk in Real-Time
DilutionWatch monitors SEC filings 24/7 and alerts you the moment HSDT files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.
Start Tracking HSDT — Free
Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously

Related Stocks — CRITICAL Risk

Other CRITICAL dilution risk stocks tracked by DilutionWatch with similar profiles:

Browse all 8,490+ tracked stocks →

📖 Dilution Education
→ Complete Dilution Guide for Retail Investors → Anti-Dilution Provisions Explained → Stock Dilution Red Flags to Watch → Understanding Shelf Registrations