As of August 28, 2026, Tenax Therapeutics, Inc. (TENX) has a DilutionWatch DilutionScore of 54/100, rated HIGH dilution risk. Tenax Therapeutics, Inc. has a market capitalization of $314.85M, 37.42M shares outstanding, 80 institutional holders tracked. Stored dilution-related fields include shelf registration capacity of $300.00M, 31.88M 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.
Dilution Forecast
⛈️
Warning
High probability of dilution event
model est. 36%
📜 Warrant Exercise
model 60%
• Massive warrant overhang: 85% of shares outstanding
• Warrant risk score very high (90/100)
💰 Capital Raise
model 20%
• Active shelf registration ($300M, 95% of market cap)
Market Data
Market Cap$314.85M
Shares Outstanding37.42M
Float10.61M
Cash$118.00M
DebtN/A
Short InterestN/A
Institutional Holdings
QoQ: ↑ 280.7% shares (2026Q1 vs prior)
80 institutional holders · 26.70M shares
#1
JANUS HENDERSON GROUP PLC
3.63M shares
#2
PRICE T ROWE ASSOCIATES INC /MD/
2.95M shares
#3
PERCEPTIVE ADVISORS LLC
2.90M shares
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 Interest2.56M
Days to Cover1.9
% of Float24.1%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2026-06-30
xbrl
XBRL CONVERTIBLE
2025-12-31
EFFECT
EFFECT
2026-04-01
S-3
SHELF
2026-03-24
4
INSIDER TRANSACTION
2026-02-03
Full SEC filing analysis available with free account
→
Recent News
No recent news
Factual TENX Dilution Snapshot
Tenax Therapeutics, Inc. (TENX) has a DilutionScore of 54/100, rated High dilution risk. Score date: August 28, 2026.
- Stored shelf registration capacity: $300.0M.
- Stored outstanding warrants: 31.9M.
- Recent SEC activity tracked for TENX: xbrl on 2026-06-30; EFFECT on 2026-04-01; S-3 on 2026-03-24.
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.
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