Dilution Radar
Count the shares that don't exist yet. Warrants, options, convertibles, preferred and remaining shelf capacity as a share of market cap — then judge whether this company builds value with the capital markets or survives on them.
What this template answers
Each item below becomes a heading in the AI response.
- What is the basic share count, and what is the fully diluted count once warrants, options, RSUs, convertibles and preferred conversion are included?
- What shelf capacity remains available, and what is it as a percentage of today's market capitalisation?
- Is there an at-the-market facility live — an 8-K or prospectus supplement naming a sales agent — and has it been drawn on?
- Does a registration statement carry a 'Selling Stockholders' table, meaning existing holders are registering shares for resale rather than the company raising cash?
- At what prices do the warrants and conversion features strike, and what happens to the count if the stock doubles?
- Is there a reverse-split history, and how many shares were outstanding before each one?
- Is dilution funding growth that earns a return, or funding ordinary operating losses?
- What is the realistic share count twelve months out, and what does that do to per-share value at an unchanged enterprise value?
Categories
- Finance & Investing
- Critical Thinking & Skepticism
Tags
- dilution
- warrants
- shelf
- atm-offering
- share-count
Creator
More on SoWhatify