SBFM

Sunshine Biopharma Inc.

SBFM stock: dilution — what the SEC filings say, updated every weekday morning.

Nasdaq · Pharmaceutical Preparations · EDGAR filings (CIK 1402328) · 6 signals · 0 setups · updated Sep 22, 2026

What the filings say Pressure ▼

The company can sell stock into the market any day at prevailing prices — steady supply.

Radar 56 (elevated attention) · dilution pressure elevated · listing risk low · governance risk low · runway 27.2 mo · strongest signal: ATM program (Sep 11, 2026)

Direction is stated for existing shareholders (▼ more shares / survival or listing risk; ▲ insiders or holders buying). It is a characterization of the filings, not a forecast or a recommendation.

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56Radar · attention score (0–100)

68Dilution pressure · financing + balance sheet

24Listing risk · exchange standards

27Governance risk · reporting, auditor, going concern

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12-month history

Every signal and setup for SBFM back a year, not just 30 days — see how the current setup built.

Full analyst notes

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Balance sheet (XBRL)

$13.7Mcash + short-term investments as of Jun 30, 2026

27.2 moestimated runway (annualized 180-day YTD operating cash flow [companyfacts])

$27.5Mstockholders' equity as of Jun 30, 2026

$7.1Mpublic float (10-K cover)

3.9Mshares outstanding as of Aug 13, 2026 · was 5.0M May 13, 2026

Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 84 days old. A financing after the balance-sheet date is the main reason a figure can be stale — check the timeline below for offerings since then.

Signal timeline

Last 30 days of filing signals plus current balance-sheet flags, newest first. ▼ pressure · ▲ support · hover a score for its components; every row links to the filing.

Date	Signal	Evidence	Score
Sep 11, 2026	▼ ATM program	“atm” language in 8-K (8-K) filed 2026-09-11 filing	40
Sep 8, 2026	▼ Offering (424B)	424B3 prospectus supplement 2026-09-08; 2 prior 424B filings in 12m filing	28
Sep 8, 2026	▼ Shelf effective	EFFECT notice 2026-09-08 filing	21
Aug 28, 2026	▼ Shelf filed	S-1 filed 2026-08-28 filing	35
Aug 28, 2026	· Officer/director change	8-K Item 5.02 filed 2026-08-28 (accepted 16:05 ET) filing	27
Jun 30, 2026	▼ Near $5M MVLS floor	Public float $7,061,719 (as of 2025-06-30) vs $5M Nasdaq MVLS floor; needs price x shares confirmation filing	24

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