AlphaTON Capital Releases Market Update on Outstanding Shares, Warrants, Options, and RSUs

Rhea-AI Summary

AlphaTON Capital (Nasdaq: ATON) provided a market update on outstanding equity instruments as of February 19, 2026. Key figures: 23,434,588 ordinary shares outstanding; 1,373,686 shares from warrants (WAEP $11.62); 1,283,931 pre-funded warrant shares; 316,111 option shares (WAEP $40.65); and 5,410 RSU shares.

This clarifies basic share count and potential dilution from warrants, pre-funded warrants, options, and RSUs for investors monitoring outstanding/issuable common shares.

Key Figures

Ordinary shares outstanding: 23,434,588 shares Warrant shares: 1,373,686 shares Warrant exercise price: $11.62 per share +5 more

8 metrics

Ordinary shares outstanding 23,434,588 shares As of February 19, 2026

Warrant shares 1,373,686 shares Ordinary shares issuable upon exercise of outstanding warrants

Warrant exercise price $11.62 per share Weighted average exercise price of outstanding warrants

Pre-funded warrant shares 1,283,931 shares Ordinary shares issuable from 2025 PIPE pre-funded warrants

Option shares 316,111 shares Ordinary shares issuable from options under 2021 Equity Incentive Plan

Option exercise price $40.65 per share Weighted average exercise price of outstanding share options

RSU shares 5,410 shares Ordinary shares issuable upon vesting of outstanding RSUs

Addressable users 1 billion monthly active users Telegram super-app addressable market cited by company

Market Reality Check

Price: $0.4556 Vol: Volume 382,778 is at 0.2x...

low vol

$0.4556 Last Close

Volume Volume 382,778 is at 0.2x the 20-day average of 1,879,674, indicating subdued trading ahead of this update. low

Technical Shares at $0.4556 trade 96.7% below the $13.80 52-week high and below the $3.12 200-day MA, highlighting a deeply depressed trend.

Peers on Argus

Scanner data flags ATON trending down while only one peer in momentum (MGLD) mov...

1 Up

Scanner data flags ATON trending down while only one peer in momentum (MGLD) moved up about 3.85%. Broader peers show mixed, low‑magnitude moves, suggesting this share-capital update is stock-specific rather than part of an asset-management sector rotation.

Historical Context

5 past events · Latest: Feb 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 18	AI strategy briefing	Positive	-7.7%	CEO outlined GPU acquisition and Cocoon AI growth ahead of live X session.
Feb 17	Biotech asset option	Positive	-6.3%	Binding call option to sell iOx with potential >$100M milestones and royalties.
Feb 17	AI GPU lease	Positive	-6.3%	$30M lease for 504 NVIDIA B200 GPUs with projected monthly AI revenue.
Feb 10	Board refresh	Neutral	+5.5%	Election of independent director F. Daniel Siciliano after Steven Mintz resigned.
Feb 10	Conference appearance	Positive	+5.5%	Consensus Hong Kong presentation on confidential AI infrastructure for Telegram users.

Pattern Detected

Recent ostensibly positive strategic and AI infrastructure announcements often coincided with negative next-day price reactions, while event/management updates saw more supportive moves.

Recent Company History

Over the past weeks, AlphaTON has focused on AI infrastructure and portfolio repositioning. On Feb 17, 2026, it announced a $30 million lease for 504 NVIDIA B200 GPUs, projecting strong IRR and monthly revenue, yet the stock fell about 6%. A call option to monetize legacy biotech asset iOx, also on Feb 17, likewise saw a similar decline. By contrast, board changes and AI-focused conference participation around Feb 10 aligned with gains near 5.5%, underscoring mixed market confidence in strategic shifts.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-11-06

An effective Form F-3 shelf filed on Nov 6, 2025 registers the resale of up to 189,719 ordinary shares by a selling shareholder. The company receives no proceeds from these sales, but ongoing shelf usage—reflected in multiple 424B3 supplements—adds a continuing secondary-supply consideration alongside today’s detailed count of shares, warrants, options, and RSUs.

Market Pulse Summary

This announcement provides a granular view of AlphaTON’s capital structure, detailing 23.4M ordinary...

Analysis

This announcement provides a granular view of AlphaTON’s capital structure, detailing 23.4M ordinary shares along with sizable warrants, options, and RSUs. Coming after recent AI infrastructure leases and a biotech divestiture option, it helps quantify potential future dilution and overhang. Investors watching this name may focus on how execution of AI revenue plans, balance-sheet developments, and any further use of registered securities interact with today’s expanded share-capital disclosure.

Key Terms

warrants, pre-funded warrants, PIPE investment, share options, +3 more

7 terms

warrants financial

"ordinary shares issuable upon the exercise of outstanding warrants, with a weighted average"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

pre-funded warrants financial

"ordinary shares issuable upon the exercise of outstanding pre-funded warrants from PIPE"

Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.

PIPE investment financial

"pre-funded warrants from PIPE investment in 2025"

A pipe investment is a private sale of stock or convertible securities made directly to selected investors by a company that is already publicly traded, allowing the company to raise cash quickly without a full public offering. It matters to investors because it can dilute existing share value and change ownership stakes, but also signals that the company secured financing; like a homeowner taking a quick private loan to cover a repair, it can be a sign of needed funds or investor confidence.

share options financial

"ordinary shares issuable upon the exercise of outstanding share options under our 2021"

Share options are contracts that give someone the right, but not the obligation, to buy a company’s stock at a predetermined price for a limited time—think of them like a coupon to purchase shares later at a set price. They matter to investors because when exercised they increase the number of outstanding shares (dilution), can change management incentives and company value, and represent a potential future claim on profits or equity.

restricted share units financial

"ordinary shares issuable upon the vesting of outstanding restricted share units under"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

equity incentive plan financial

"outstanding share options under our 2021 Equity Incentive Plan, with a weighted average"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

ordinary shares financial

"the Company has outstanding: 23,434,588 ordinary shares 1,373,686 ordinary shares issuable"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

AI-generated analysis. Not financial advice.

Road Town, Tortola, British Virgin Islands, Feb. 19, 2026 (GLOBE NEWSWIRE) -- AlphaTON Capital Corp. (Nasdaq: ATON) ("AlphaTON" or the "Company"), the world's leading public technology company scaling the Telegram super-app with an addressable market of one billion monthly active users, today announced a market update on its outstanding shares, warrants, options, and RSUs. As of February 19, 2026, the Company has outstanding:

• 23,434,588 ordinary shares 
• 1,373,686 ordinary shares issuable upon the exercise of outstanding warrants, with a weighted average exercise price of $11.62 per share;
• 1,283,931 ordinary shares issuable upon the exercise of outstanding pre-funded warrants from PIPE investment in 2025;
• 316,111 ordinary shares issuable upon the exercise of outstanding share options under our 2021 Equity Incentive Plan, with a weighted average exercise price of $40.65 per share; and
• 5,410 ordinary shares issuable upon the vesting of outstanding restricted share units under our 2021 Equity Incentive Plan.

About AlphaTON Capital Corp.

AlphaTON Capital Corp (NASDAQ: ATON) is the world's leading technology public company scaling the Telegram super-app, with an addressable market of 1 billion monthly active users. The Company is delivering a comprehensive hyperscaler strategy on the Telegram ecosystem through a combination of software products, middleware data and AI training assets, and AI infrastructure hardware clusters deploying Confidential AI for the Telegram ecosystem.

Through its operations, AlphaTON Capital provides public market investors with institutional-grade exposure to the Telegram ecosystem and its one billion-user platform while maintaining the governance standards and reporting transparency of a Nasdaq-listed company. The Company's activities span AI Confidential Compute, network validation and staking operations, development of Telegram-based applications including strategic investments and acquisitions of decentralized finance platforms, gaming and markets, and business applications.

AlphaTON Capital Corp is incorporated in the British Virgin Islands and trades on Nasdaq under the ticker symbol "ATON". AlphaTON Capital, through its legacy business, is also advancing first-in-class therapies targeting known checkpoint resistance pathways to achieve durable treatment responses and improve patients' quality of life. AlphaTON Capital actively engages in the drug development process and provides strategic counsel to guide the development of novel immunotherapy assets and asset combinations.

Website: https://alphatoncapital.com
Telegram: https://t.me/alphatoncapital_official
X: https://x.com/AlphaTONCapital
LinkedIn: https://www.linkedin.com/company/alphaton-capital/

Forward-Looking Statements

All statements in this press release, other than statements of historical facts, including without limitation, statements regarding the Company’s business strategy, plans and objectives of management for future operations and those statements preceded by, followed by or that otherwise include the words “believe,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “plans,” “potential,” “continues,” or similar expressions or variations on such expressions are forward-looking statements. As a result, forward-looking statements are subject to certain risks and uncertainties, including, but not limited to: the risk that the Company may not secure additional financing or TON, the uncertainty of the Company’s investment in TON, the uncertainty around the Company’s legacy business, the operational strategy of the Company, the Company’s executive management team, risks from Telegram’s platform and ecosystem, the potential impact of markets and other general economic conditions, and other factors set forth in “Item 3 – Key Information-Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended March 31, 2025 and included in the Company’s Form 6-Ks filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

Investor Relations:

John Ragozzino, CFA
AlphaTON@icrinc.com
(203) 682-8200

Media Inquiries:

Richard Laermer
RLM PR
AlphaTON@rlmpr.com
(212) 741-5106 X 216

Richard Laermer
AlphaTON(at)rlmpr.com

FAQ

How many ordinary shares did AlphaTON report outstanding on February 19, 2026 (ATON)?

AlphaTON reported 23,434,588 ordinary shares outstanding as of February 19, 2026. According to the company, this is the current issued share count before considering exercisable warrants, options, pre-funded warrants, or RSUs.

What is the number and weighted average exercise price of ATON outstanding warrants?

AlphaTON has 1,373,686 ordinary shares issuable from outstanding warrants at a weighted average exercise price of $11.62. According to the company, these warrants represent potential dilution if exercised.

How many shares are issuable from ATON pre-funded warrants from the 2025 PIPE?

AlphaTON disclosed 1,283,931 ordinary shares issuable upon exercise of pre-funded warrants from the 2025 PIPE. According to the company, these shares become outstanding when those pre-funded warrants are exercised.

What outstanding stock options and their exercise price did AlphaTON disclose (ATON)?

AlphaTON reported 316,111 ordinary shares issuable from outstanding options$40.65

How many restricted share units (RSUs) did AlphaTON report as issuable (ATON)?

AlphaTON reported 5,410 ordinary shares issuable upon vesting of outstanding RSUs