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65 /100
HIGH RISK
Score updated Oct 13, 2026

NRXS — NeurAxis, Inc. Dilution Risk Tracker

Track NRXS 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.

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As of October 13, 2026, NeurAxis, Inc. (NRXS) has a DilutionWatch DilutionScore of 65/100, rated HIGH dilution risk. NeurAxis, Inc. has a market capitalization of $84.39M, 12.56M shares outstanding, 26 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $11.50M, 982.9K 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
72
💰 Cash Runway
25
📊 Float Risk
45
⚠️ Warrant Exposure
30
🔄 Convertible Debt
85

Dilution Forecast

⛈️
Warning
High probability of dilution event
model est. 38%
🔁 Convertible Conversion model 60%
• Major convertible overhang: 39298% potential dilution
• Convertible risk score very high (85/100)
💰 Capital Raise model 18%
• Active ATM program with $12M remaining capacity
📜 Warrant Exercise model 15%
• Warrant overhang: 7.8% of shares outstanding
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Market Data

Market Cap$84.39M
Shares Outstanding12.56M
Float8.48M
Cash$8.32M
Debt$271.1K
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
DilutionScore65/100DilutionWatch score record
Shares Outstanding12.56MVerified float table or market cache
Public Float8.48MVerified float table or market cache
Market Cap$84.39MMarket data cache
Cash Runway20.9 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM Capacity$11.50MSEC-derived dilution fields
Outstanding Warrants982.9KSEC-derived dilution fields

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

Recent SEC source mix: 4 3, 424B5 1, 8-K 1, 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: ↑ 44.8% shares (2026Q1 vs prior)
26 institutional holders · 2.28M shares
#1 VANGUARD CAPITAL MANAGEMENT LLC 451.7K shares
#2 AIGH Capital Management LLC 400.0K shares
#3 Rosalind Advisors, Inc. 286.1K 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 Interest372.8K
Days to Cover1.6
% of Float4.4%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-11
xbrl XBRL CONVERTIBLE 2026-03-19
8-K 8K EVENT 2026-04-22
424B5 ATM 2026-04-21
4 INSIDER TRANSACTION 2026-04-03
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual NRXS Dilution Snapshot

NeurAxis, Inc. (NRXS) has a DilutionScore of 65/100, rated High 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

NRXS's DilutionScore is currently 65/100 (High risk), with 4 score changes tracked over 89 days. The score deteriorated from 66/100 (High risk).

Period Score Risk Level Duration
Sep 28 – Oct 13, 202665/100HIGH16 days
Aug 22 – Sep 27, 202666/100HIGH37 days
Aug 14 – Aug 21, 202661/100HIGH7 days
Jul 24 – Aug 13, 202671/100HIGH21 days
Jul 16 – Jul 23, 202658/100HIGH8 days

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

Share Dilution History

NRXS shares outstanding have increased 10.7% from 11.19M (Mar 2026) to 12.38M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 21, 202612.38M8.48M▲ 10.70%
May 03, 202611.51M7.66M▲ 0.49%
May 01, 202611.51M7.63M▲ 1.34%
Apr 07, 202611.19M7.52M▼ 0.10%
Mar 26, 202611.19M7.53M▲ 7.64%

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

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