Autonomix Medical activates a $1.35M ATM program, risking 30% dilution
AMIX sits 27% above its 52-week low of $2.44 on light trading volume (0.3× avg).
Summary
Autonomix Medical filed a prospectus supplement to sell up to $1.35 million of common stock through an at-the-market program, potentially diluting existing shareholders by about 30%.
Key Events · Financing and Capital Events · AMIX
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ATM Program Activated
The company may sell up to $1.35 million of common stock from time to time through Ladenburg Thalmann, with a 3.0% commission on gross proceeds.
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Potential 30% Dilution
At an assumed price of $4.57 per share, the offering could add 295,404 shares, increasing the outstanding count from 971,043 to approximately 1.27 million shares.
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Near-Term Cash Need
With a going concern warning and a market cap of only $3.3 million, the ATM provides critical working capital but dilutes existing holders significantly.
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Shelf Capacity Nearly Exhausted
The company has already sold $1.4 million of securities under the S-3 shelf in the prior 12 months, approaching the one-third public float limit of approximately $2.8 million.
Analysis · AMIX · Industrial Applications And Services
Autonomix Medical has activated an at-the-market (ATM) program to sell up to $1.35 million of common stock. At an assumed price of $4.57, this could add 295,404 shares—roughly 30% dilution to the current 971,043 shares outstanding. The company is burning cash with a going concern warning and a market cap of only $3.3 million, so this ATM provides a lifeline but at a steep cost to existing shareholders. The filing also reveals that $1.4 million of securities have already been sold under the shelf in the past year, nearing the one-third public float limit, which may constrain future raises.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 29.5% of the 1476 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AMIX was trading at $3.10 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $3.3M. The 52-week trading range was $2.44 to $32.55. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.