FABC - Fabric.AI has inverted float - only 1.45m in public float and 1.69m short as of NASDAQ's short report posted Friday. Also has $30m in cash and no debt.

[Fabric.AI](https://Fabric.AI), Inc. (NASDAQ: FABC) | June 29, 2026

Summary

* FABC's true tradeable public float is approximately 1.45 million shares but [NASDAQ's June 25 short interest report shows 1.695 million shares sold short](https://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest) . The float is mathematically inverted.
* FABC has been on the [NASDAQ Reg SHO Threshold (Failure to Deliver) List](https://www.nasdaqtrader.com/trader.aspx?id=regshothreshold) for over 40 consecutive trading days, with estimated daily FTDs averaging over 100,000+
* The cost to borrow has surged to approximately 138%, and shares to borrow are nearly impossible to locate across major retail brokers.
* Like Volkswagen inverted float situation in 2008 but $5m market cap instead of $200B
* Reported short interest just jumped another 20% from already record levels now representing roughly 35% of currently reported shares outstanding
* The lock-up on April's Reg D private placement means virtually none of the new shares can trade until the earlier of SEC approval of unfiled S-3 or six months (October 2026)
* The company has approximately $30 million in cash, institutional backing, and a legitimate AI semiconductor technology story with a $73 billion TAM by 2030.
* When S-3 is eventually filed, usually takes SEC several weeks to give notice of effectiveness
* Stock up 30% today on below avg volume. It appears not many know about this yet.