What is MAIN's dilution risk score?

MAIN has a latest available DilutionScore record of 65/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for MAIN, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for MAIN?

DilutionWatch tracks 25 SEC filing types for MAIN including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect MAIN shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For MAIN, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for MAIN tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for MAIN. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

MAIN Dilution Risk Score: 65/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

🌥️

Advisory

Moderate dilution signals present

model est. 30%

💰 Capital Raise model 55%

• Critical: only 2.7 months cash remaining

📉 Score Deterioration model 10%

• Score in HIGH risk zone (65/100)

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Market Data

Market Cap$5.02B

Shares Outstanding93.51M

Float89.27M

Cash$58.31M

Debt$2.53B

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.

Field	Current Value	Basis
DilutionScore	65/100	DilutionWatch score record
Shares Outstanding	93.51M	Verified float table or market cache
Public Float	89.27M	Verified float table or market cache
Market Cap	$5.02B	Market data cache
Cash Runway	2.7 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 0.

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: ↑ 26.8% shares (2026Q1 vs prior)

432 institutional holders · 27.96M shares

#1 MORGAN STANLEY 2.71M shares

#2 PRICE T ROWE ASSOCIATES INC /MD/ 2.71M shares

#3 VAN ECK ASSOCIATES CORP 2.11M 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 Interest9.56M

Days to Cover20.1

% of Float10.7%

FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

MAIN's DilutionScore has held steady at 65/100 (High risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	65/100	HIGH	89 days

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

Share Dilution History

MAIN shares outstanding have increased 3.8% from 89.59M (Mar 2026) to 92.99M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 17, 2026	92.99M	89.28M	▲ 0.13%
May 15, 2026	92.99M	89.16M	▲ 3.20%
May 10, 2026	90.10M	86.39M	▼ 0.01%
Apr 07, 2026	90.10M	86.40M	▼ 0.21%
Mar 30, 2026	90.10M	86.58M	▲ 0.01%
Mar 26, 2026	90.10M	86.57M	▼ 0.01%
Mar 08, 2026	89.59M	86.58M	▲ 0.02%
Mar 05, 2026	89.59M	86.56M	▲ 0.29%

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

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