HOTH Rocket One Inc.
Price Chart
Executive Summary
Rocket One Inc. filed Amendment No. 2 to its prospectus supplement, increasing the aggregate amount of common stock it may sell under its existing Sales Agreement with H.C. Wainwright by up to $6.83 million. The company has already sold 8.12 million shares for gross proceeds of ~$9.27 million under this agreement. This filing signals continued dilution risk for existing shareholders.
Actionable Insight
The company is aggressively tapping the ATM facility, having already sold ~$9.3M in stock. This additional $6.8M tranche represents ~14% of the public float, creating persistent downward pressure. Monitor share price for acceleration of selling; any positive catalyst (e.g., pipeline data) may be offset by continued dilution.
Key Facts
- Rocket One is offering up to an additional $6,829,000 of common stock under the existing Sales Agreement with H.C. Wainwright.
- Since entering the Sales Agreement (Nov 2024), the company has sold 8,124,155 shares for gross proceeds of ~$9.27 million.
- The public float is ~$48.3 million (21.77M non-affiliate shares at $2.22/share as of June 2, 2026).
- The offering is limited by General Instruction I.B.6 of Form S-3 to one-third of public float in any 12-month period.
- Common stock trades on Nasdaq under symbol 'RKTO' (closing price $2.22 on June 2, 2026).
Financial Impact
Up to $6.83 million in additional dilution, representing ~14% of current public float ($48.3M). Prior sales of $9.27M have already diluted existing holders.
Risk Factors
- Continued dilution from ATM sales could depress share price.
- The company's reliance on equity financing suggests limited cash runway or profitability.
- Nasdaq listing under $2.22/share with small float makes the stock susceptible to volatility from selling pressure.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001213900-26-064456 |
| Document: 0001213900-26-064456-index-headers.html | 0001213900-26-064456 |
| Document: 0001213900-26-064456-index.html | 0001213900-26-064456 |
| Document: 0001213900-26-064456.txt | 0001213900-26-064456 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
3d ago
|
8-K
| $2.14 $1.98 | ▼ −7.43% | ▼ −7.83% | $1.51 (−29.44%) |
|
Jun 3, 2026
3d ago
|
8-K
| $2.14 $1.98 | ▲ +7.43% | ▲ +7.83% | $1.51 (+29.44%) |
|
Jun 3, 2026
3d ago
|
424B5
| $2.14 $1.98 | ▲ +7.43% | ▲ +7.83% | $1.51 (+29.44%) |
|
Jun 2, 2026
4d ago
|
8-K
| — | awaiting T+1 | — | — |
|
May 28, 2026
9d ago
|
8-K
| $1.70 $1.46 | ▼ −14.12% | ▼ −14.36% | $1.51 (−11.18%) |
|
May 27, 2026
10d ago
|
424B5
| $1.70 $1.46 | ▲ +14.12% | ▲ +14.36% | $1.51 (+11.18%) |
|
May 27, 2026
10d ago
|
8-K
| $1.36 $1.70 | ▲ +25.00% | ▲ +24.45% | $1.51 (+11.03%) |
|
May 4, 2026
4w ago
|
8-K
| $0.7100 $0.7400 | ▼ −4.23% | ▼ −2.84% | $1.51 (−112.68%) |
|
Apr 16, 2026
7w ago
|
8-K
| $0.7300 $0.7440 | ▲ +1.92% | ▲ +2.11% | $1.51 (+106.85%) |
|
Apr 16, 2026
7w ago
|
424B5
| $0.7300 $0.7440 | ▼ −1.92% | ▼ −2.11% | $1.51 (−106.85%) |
US Market Status
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