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Red Flags Detected

  • The Number of Shares of Our Common Stock to Be Outstanding After This Offering In the Table Above Is Based On 91,071,479 Shares Outstanding As of August 21, 2025 and Does Not Include (i) 23,670,036 Shares Reserved For Issuance Pursuant to Our Stock Option, Restricted Stock and Stock Purchase Plans, Including 19,860,736 Shares Issuable Pursuant to Outstanding Awards Under Such Plans, (ii) 51,676,956 Shares of Common Stock Issuable and Reserved For Issuance Upon the Conversion of Series A Convertible Preferred Stock and Accumulated Dividends, and (iii) 2,000,000 Shares of Common Stock Issuable and Reserved For Issuance On or Before On November 25, 2025 As Additional Shares Under Our Recently Completed Registered Direct Offering, In Each Case As of July 31, 2025. (new) — The company has substantial share reserves that could significantly dilute existing shareholders if exercised or converted.
  • We May Become Obligated to Issue Additional Earnout Shares Under the Apt EP Acquisition Agreement, Depending On the Extent to Which the Product Revenue and Regulatory Approval Milestones Through September 30, 2029, But In No Event More Than 19.9% of the Total Number of Shares of Our Common Stock Issued and Outstanding Immediately Prior to July 31, 2024. (new) — Potential earnout shares tied to future milestones could add up to 19.9% more shares, increasing dilution risk.
NYSE: STXS Stereotaxis, Inc. 424B5

Stereotaxis launches up to $50M at-the-market offering of common stock at $2.87/share

Filed August 29, 2025 · ~1 min read

Key Changes

  • high

    Stereotaxis is offering up to $50 million of common stock in an at-the-market offering through Roth, with proceeds going to the company.

    The Offering verify on EDGAR →
  • medium

    The offering price is $2.87 per share, the last reported sale price on August 27, 2025.

    The Offering verify on EDGAR →
  • high

    New investors will experience immediate dilution of $2.41 per share, based on an as adjusted net tangible book value of $0.46 per share.

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 2, 2026 · How we verify