EDAP EDAP TMS SA

NEUTRAL Impact: 4/10 EFFECT
Horizon months Filed Apr 1, 2026 Processed 2mo ago SEC 9999999995-26-001026
IPO/offering going effective
Latest settled — T+20d
EDAP ▼ -6.23% at T+20d
NEUTRAL call ✗ call lost -6.23% · α vs SPY -15.95% · entry $3.53 → $3.31
Next anchor: T+60d in 16d
Currently $4.77 · +35.13% from $3.53 entry
Entry anchored
Mar 31, 03:47 PM ET
via Databento tick
T+1d
-3.97%
call -3.97% · α -4.05%
$3.39
settled 2mo ago
T+5d
-4.82%
call -4.82% · α -8.58%
$3.36
settled 2mo ago
T+20d
-6.23%
call -6.23% · α -15.95%
$3.31
settled 6w ago
T+60d
call — · α —
in 16d

Price Chart

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Executive Summary

EDAP TMS SA's shelf registration (S-3) has become effective, allowing the company to issue up to $125 million in securities, including ordinary shares, preferred shares, and warrants. The registration also permits resale of up to 4,574,421 ordinary shares issuable under warrants held by the European Investment Bank. This provides capital-raising flexibility but introduces potential future dilution.

Actionable Insight

Monitor for any takedown of the shelf offering, which could lead to near-term dilution. The presence of EIB-held warrants may influence future capital structure decisions and share price volatility if exercised.

Key Facts

  • S-3 shelf registration became effective on 2026-03-31
  • Registration allows issuance of up to $125 million in securities
  • Covers resale of up to 4,574,421 ordinary shares tied to European Investment Bank warrants
  • Company will not receive proceeds from resale, but may benefit if warrants are exercised

Financial Impact

$125 million in potential future issuances; warrant-related share resale exposure of 4.57 million shares

dilutionequitycashFlow

Risk Factors

  • Potential share dilution if company issues new securities under the shelf
  • Downward pressure on stock price if EIB or other holders sell registered shares

Market Snapshot

Exchange
Nasdaq
Sector
Electromedical & Electrotherapeutic Apparatus

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
EFFECT Filing (Primary)9999999995-26-001026
Document: 9999999995-26-001026-index.html9999999995-26-001026
Document: 9999999995-26-001026.txt9999999995-26-001026
11 reports for EDAP
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for EDAP — sortable, filterable
Type Now
May 29, 2026
15d ago
8-K
NEUTRAL ★ 4/10
$4.32 $4.59▲ +6.25%▲ +8.77%$4.77 (+10.42%)
May 14, 2026
4w ago
DEFA14A
BEARISH ★ 6/10
$4.13 $4.33▼ −4.84%▼ −5.56%$4.77 (−15.50%)
May 14, 2026
4w ago
DEFA14A
NEUTRAL ★ 3/10
$4.13 $4.33▲ +4.84%▲ +5.56%$4.77 (+15.50%)
May 14, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$4.13 $4.33▲ +4.84%▲ +5.56%$4.77 (+15.50%)
May 7, 2026
5w ago
8-K
MIXED ★ 6/10
$4.16 $4.16· 0.00%▼ −1.50%$4.77 (+14.66%)
Apr 16, 2026
8w ago
Press Release
NEUTRAL ★ 3/10
$3.59 $3.29▼ −8.36%▼ −9.34%$4.77 (+32.87%)
Apr 1, 2026
10w ago
EFFECT
NEUTRAL ★ 4/10
$3.53 $3.36▼ −4.82%▼ −8.58%$4.77 (+35.13%)
Mar 27, 2026
11w ago
S-3/A
NEUTRAL ★ 4/10
$3.73 $3.46▼ −7.24%▼ −11.10%$4.77 (+27.88%)
Mar 25, 2026
11w ago
S-3
NEUTRAL ★ 5/10
$3.77 $3.39▼ −10.08%▼ −11.71%$4.77 (+26.53%)
Mar 25, 2026
11w ago
Press Release
MIXED ★ 6/10
$3.71 $3.53▼ −4.85%▼ −4.61%$4.77 (+28.57%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (48h 53m)

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