What is SPND's dilution risk score?

SPND has a latest available DilutionScore record of 30/100, categorized as medium dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for SPND, 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 SPND?

DilutionWatch tracks 25 SEC filing types for SPND 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 SPND shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For SPND, 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 SPND tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for SPND. 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.

SPND Dilution Risk Score: 30/100 (MEDIUM)

Score Breakdown

📋 Offering Ability

💰Cash Runway—

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

☀️

Clear

No significant dilution signals

model est. 0%

No significant dilution signals detected for SPND.

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Market Data

Market Cap$30.75M

Shares Outstanding6.60M

Float697.8K

Cash$5.88M

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.

Field	Current Value	Basis
DilutionScore	30/100	DilutionWatch score record
Shares Outstanding	6.60M	Verified float table or market cache
Public Float	697.8K	Verified float table or market cache
Market Cap	$30.75M	Market data cache
Cash Runway	Not applicable / unavailable	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: 1.

Recent SEC source mix: XBRL 1.

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

Institutional Holdings

Institutional data not yet available.

Short Interest

No current FINRA short-interest record is available for this ticker.

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2020-11-16

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual SPND Dilution Snapshot

Spindletop Oil & Gas Co. (SPND) has a DilutionScore of 30/100, rated Medium dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for SPND: xbrl on 2020-11-16.

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

SPND's DilutionScore is currently 30/100 (Medium risk), with 2 score changes tracked over 89 days. The score deteriorated from 33/100 (Medium risk).

Period	Score	Risk Level	Duration
Aug 22 – Oct 13, 2026	30/100	MEDIUM	53 days
Aug 14 – Aug 21, 2026	33/100	MEDIUM	7 days
Jul 16 – Aug 13, 2026	30/100	MEDIUM	29 days

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

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DilutionWatch monitors SEC filings 24/7 and alerts you the moment SPND files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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