System1, Inc. (SST) - Dilution Analysis

8-K filing: System1, Inc. entered into an Exchange Agreement with existing lenders to issue 39,250 shares of Series A Cumulative Convertible Preferred Stock as part of a comprehensive debt exchange and settlement.

10-Q filing | 8.1M shares outstanding

8-K filing: Cannae Holdings, LLC sold 2,344,482 shares of System1, Inc.'s Class A Common Stock to Kenloch Holdings, LLC for $9,979,315.50 on December 1, 2025. ($9.98M proceeds)

10-Q filing | 8.1M shares outstanding

10-Q filing | 7.8M shares outstanding

S-3 filing: This S-3 filing discusses the redemption of warrants for Class A common stock, including a feature that allows for redemption when the stock price is at or above $100.00 per share, and anti-dilution adjustments following the conversion of Trebia Public Warrants into Warrants.

8-K filing: Stock split 1-for-10 | Outstanding: 74,389,000 → 7,438,900

10-Q filing | 74.4M shares outstanding

10-K filing | 69.6M shares outstanding

10-Q filing | 70.0M shares outstanding

10-Q filing | 69.4M shares outstanding

POS AM filing: This POS AM filing registers shares of Class A Common Stock and Warrants for sale by Selling Securityholders, as well as shares of Class A Common Stock that may be issued upon exercise of Warrants.

10-Q filing | 67.8M shares outstanding

POS AM filing: This is a POS AM filing for the issuance of up to 16,812,767 shares of Class A common stock upon exercise of warrants and the offer and sale of up to 61,459,972 shares of Class A Common Stock and 1,600,045 Public Warrants by selling securityholders.

10-K filing | 68.4M shares outstanding

8-K filing: System1, Inc. completed the sale of its subsidiary Total Security Limited, resulting in the return and cancellation of approximately 29 million shares of the Company's Class A common stock owned by JDI and other entities and individuals affiliated with the Purchasing Parties.

10-Q filing | 93.9M shares outstanding

10-Q filing | 93.4M shares outstanding

10-Q filing | 92.5M shares outstanding

10-K filing | 89.3M shares outstanding

10-Q filing | 91.0M shares outstanding

10-Q filing | 89.7M shares outstanding

10-Q filing | 82.2M shares outstanding

S-1/A filing: This is an S-1/A filing for the issuance of Class A common stock upon warrant exercise and resale of Class A common stock and warrants by selling securityholders.

S-1/A filing: This S-1/A filing registers the issuance of up to 25,483,334 shares of Class A common stock upon exercise of warrants and the resale of 106,508,061 shares of Class A common stock and 8,424,034 warrants by selling securityholders.

S-1/A filing: This S-1/A filing registers for resale up to 25,483,334 shares of Class A common stock issuable upon exercise of warrants, 106,508,061 shares of Class A common stock offered by selling securityholders, and 8,424,034 warrants offered by selling securityholders.

10-K filing | 12.9M shares outstanding

S-1 filing: This is an S-1 filing for the issuance of Class A common stock upon exercise of warrants and for the offer and sale of Class A common stock and warrants by selling securityholders.

10-Q filing | 12.9M shares outstanding

10-Q filing | 12.9M shares outstanding

10-Q filing | 51.8M shares outstanding

8-K filing: Trebia Acquisition Corp. entered into a Business Combination Agreement with S1 Holdco, LLC and System1 SS Protect Holdings, Inc., involving a series of transactions that will result in System1 and Protected becoming subsidiaries of Trebia and the issuance of Class A, Class C, and Class D common stock. ($0.75M proceeds)

10-K filing | 51.8M shares outstanding

10-Q filing | 51.8M shares outstanding

10-Q filing | 51.8M shares outstanding

8-K filing: Trebia Acquisition Corp. consummated its initial public offering of 51,750,000 units at $10.00 per unit, generating gross proceeds of $517,500,000, and completed a private sale of 8,233,334 warrants to its sponsors at $1.50 per warrant, generating gross proceeds of approximately $12,350,000. ($529.85M proceeds)

S-1/A filing: Trebia Acquisition Corp. is offering 37,500,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant in an initial public offering.

S-1 filing: Trebia Acquisition Corp. is offering 37,500,000 units at a price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, in an initial public offering.