Schedule1 pulls outstanding share counts straight from SEC, TSX, and OTC filings, then calculates your position under Rule 13d-3 with every warrant cap applied.
Both answers move whenever an issuer files, and both feed the percentage you report.
How many shares are outstanding right now?
The answer sits in the issuer's latest filing, changes without warning, and has to be looked up again for every position you hold, every quarter.
How much of your warrant position can you exercise?
Your blockers cap it, and the cap moves with the outstanding count you just looked up. Change that number and the calculation has to be rebuilt from the start.
Add a company to your watchlist and Schedule1 resolves its outstanding share count from the issuer's own filings, then keeps it refreshed. Each figure shows its as-of date, the form it came from, and a link to the source.
A 4.99% or 9.99% blocker limits how much of a tranche is exercisable against a denominator that moves as the exercisable amount moves. Schedule1 solves each tranche in ascending cap order and shows the derivation.
Adding the full warrant position to both sides of the ratio and dividing, with the caps playing no part in the result.
What the blockers permit once the 4.99% cap binds, and the figure Schedule1 puts in your table.
A firm reading 13.51% would believe it sits above 10%, when the blockers put it at 9.47%.
US, Canadian, and over-the-counter issuers resolve into the same table, the same calculation, and the same audit trail.
Tracking beneficial ownership used to mean going through financial statements manually every quarter and rebuilding our warrant blocker calculations from scratch each time. Schedule1 automated the whole process. We know exactly where we stand on our 13G positions without the quarterly scramble.
We'll walk through your own positions and show you the calculation on your numbers.