ABVC BIOPHARMA, INC. (ABVC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ABVC currently has 25.4M outstanding shares. with limited dilution risk as only 1.51M additional shares (5.9%) are authorized for issuance. The company has significantly diluted shareholders by 152.04% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 18, 2026 |
10-Q filing | 25.4M shares outstanding |
25M | 1.5M |
| Mar 27, 2026 |
POS AM filing: This prospectus relates to the offer and sale of up to 225,500 shares of common stock underlying warrants previously issued by ABVC Biopharma, Inc. |
26M | 1.5M |
| Aug 13, 2025 |
10-Q filing | 19.5M shares outstanding |
20M | 1.5M |
| May 27, 2025 |
POS AM filing: This prospectus relates to the resale of up to 1,000,000 shares of Common Stock underlying a common stock purchase warrant by the selling stockholders. |
16M | 1.5M |
| May 27, 2025 |
POS AM filing: This is a POS AM filing for common stock being offered by Selling Stockholders, up to 3,400,187 shares, at prevailing market prices or privately negotiated prices. The company will not receive any proceeds from the sales. |
16M | 1.5M |
| May 27, 2025 |
POS AM filing: This is a filing for shares of common stock issuable upon exercise of outstanding warrants. |
11M | 1.5M |
| May 22, 2025 |
S-3 filing: ABVC BioPharma, Inc. may offer and sell common stock, preferred stock, warrants, or a combination of these securities, or units, for an aggregate offering price of up to $100,000,000. |
16M | 2.5M |
| May 16, 2025 |
POS AM filing: This is a POS AM filing for ABVC BioPharma, Inc. relating to the offering of up to 11,714,683 shares of common stock by selling stockholders, including shares issuable upon conversion of notes and warrants. |
16M | 2.5M |
| May 16, 2025 |
POS AM filing: This is a filing for up to 11,714,683 shares of common stock by selling stockholders. |
16M | 2.5M |
| Apr 30, 2025 |
10-Q filing | 16.8M shares outstanding |
17M | 14M |
| Apr 30, 2025 |
8-K filing: The company sold 724,372 shares of its common stock to 15 Non-U.S. Persons for aggregate gross proceeds of approximately $436,000. ($0.44M proceeds) |
16M | 14M |
| Apr 15, 2025 |
10-K filing | 15.8M shares outstanding |
16M | 14M |
| Jan 06, 2025 |
8-K filing: ABVC BioPharma, Inc. entered into a third letter agreement with Lind Global Fund II, LP, pursuant to which Lind agreed to exercise for cash 1,029,167 of the Existing Warrants to purchase shares of Common Stock at a reduced exercise price of $0.40 per share. ($0.41M proceeds) |
12M | 14M |
| Nov 14, 2024 |
10-Q filing | 12.4M shares outstanding |
12M | 14M |
| Nov 04, 2024 |
8-K filing: ABVC BioPharma, Inc. entered into a letter agreement with Lind Global Fund II, LP, pursuant to which Lind agreed to exercise, for cash, 500,000 of the Existing Warrants to purchase shares of Common Stock at a reduced exercise price of $0.42 per share. ($0.21M proceeds) |
11M | 14M |
| Aug 14, 2024 |
10-Q filing | 11.3M shares outstanding |
11M | 14M |
| Jul 26, 2024 |
POS AM filing: This POS AM filing relates to an offering of up to 3,400,187 shares of Common Stock by Selling Stockholders. The Selling Stockholders may sell their shares at prevailing market prices or privately negotiated prices. The company will not receive any proceeds from the sales. |
11M | 14M |
| Jun 21, 2024 |
S-1 filing: This prospectus relates to the resale of up to 1,000,000 shares of Common Stock underlying a common stock purchase warrant by the selling stockholders. |
11M | 14M |
| May 24, 2024 |
8-K filing: ABVC entered into a definitive agreement with OncoX BioPharma, Inc., granting OncoX an exclusive right to develop and commercialize ABVC's BLEX 404 botanical drug for treatment of Myelodysplastic Syndrome in a specified territory for 20 years, in exchange for $6,250,000 (or 1,250,000 Oncox shares valued at $5 per share) and additional milestone payments and royalties. ($6.25M proceeds) |
11M | 13M |
| May 23, 2024 |
8-K filing: ABVC BioPharma, Inc. entered into a letter agreement with Lind Global Fund II, LP, pursuant to which Lind will exercise 1,000,000 Existing Warrants to purchase shares of Common Stock at a reduced exercise price of $0.75 per share and receive a new warrant to purchase 1,000,000 shares of Common Stock at $1.00 per share. ($0.75M proceeds) |
11M | 13M |
| May 17, 2024 |
10-Q filing | 10.9M shares outstanding |
11M | 13M |
| May 15, 2024 |
8-K filing: ABVC entered into a definitive agreement with OncoX BioPharma, Inc. to grant OncoX an exclusive right to develop and commercialize ABVC's BLEX 404 for treatment of Tripple Negative Breast Cancer in a certain territory for 20 years, in consideration of $6,250,000 (or 1,250,000 Oncox shares valued at $5 per share) and royalties. ($6.25M proceeds) |
11M | 13M |
| May 09, 2024 |
8-K filing: ABVC entered into a definitive agreement with OncoX BioPharma, Inc., granting Oncox an exclusive right to develop and commercialize ABVC's BLEX 404 for the treatment of Pancreatic Cancer in a specified territory, in consideration for $6,250,000 (or 1,250,000 Oncox shares valued at $5 per share) and future royalties. ($6.25M proceeds) |
11M | 13M |
| Apr 25, 2024 |
POS AM filing: This is a POS AM filing detailing the offering of shares of common stock issuable upon exercise of outstanding warrants from a previous offering. |
11M | 13M |
| Apr 17, 2024 |
8-K filing: ABVC entered into a definitive agreement with OncoX BioPharma, Inc. granting Oncox an exclusive right to develop and commercialize ABVC's botanical drug for Non-Small Cell Lung Cancer within North America for 20 years, in exchange for $6,250,000 (or 1,250,000 Oncox shares valued at $5 per share) and royalties. ($6.25M proceeds) |
11M | 13M |
| Mar 26, 2024 |
8-K filing: The Company and BIOFIRST CORPORATION entered into a licensing agreement with ForSeeCon Eye Corporation (FEYE) for the products in their Ophthalmology pipeline, including Vitargus, with the potential for payment in FEYE stock. ($30.0M proceeds) |
11M | 13M |
| Mar 22, 2024 |
S-1/A filing: This S-1/A filing includes information on other expenses of issuance and distribution, indemnification of directors and officers, recent sales of unregistered securities, and exhibits and financial statement schedules. |
11M | 13M |
| Mar 13, 2024 |
10-K filing | 10.6M shares outstanding |
11M | 13M |
| Feb 16, 2024 |
S-1/A filing: This prospectus relates to the resale of common stock by selling stockholders. |
7.2M | 13M |
| Feb 09, 2024 |
S-1/A filing: This prospectus relates to the resale of up to 11,714,683 shares of Common Stock by the selling stockholders. |
7.2M | 14M |
| Feb 08, 2024 |
8-K filing: ABVC BioPharma, Inc. entered into a definitive agreement with Shuling Jiang to acquire land in exchange for 703,495 restricted shares of common stock at $3.50 per share and warrants to purchase up to 1,000,000 shares at $2.00 per share. ($2.46M proceeds) |
7.2M | 13M |
| Jan 17, 2024 |
8-K filing: ABVC BioPharma, Inc. entered into a securities purchase agreement with Lind Global Fund II, LP, issuing a secured, convertible note in the principal amount of $1,000,000 for a purchase price of $833,333, convertible into common stock, and a warrant to purchase up to 1,000,000 shares of common stock. |
7.2M | 13M |
| Jan 12, 2024 |
S-1 filing: This prospectus relates to the resale, from time to time, by the selling stockholders of up to 10,403,969 shares of Common Stock of ABVC BioPharma, Inc. |
7.2M | 13M |
| Nov 20, 2023 |
8-K filing: ABVC BioPharma, Inc. entered into a securities purchase agreement with Lind Global Fund II, LP, issuing a secured, convertible note in the principal amount of $1,200,000 for a purchase price of $1,000,000, convertible into common stock, and a warrant to purchase up to 1,000,000 shares of common stock. |
7.2M | 2.4M |
| Nov 16, 2023 |
8-K filing: ABVC and its subsidiary BioLite entered into global licensing agreements with AiBtl BioPharma Inc. (AIBL), where ABVC and BioLite will each receive 23 million shares of AIBL stock, potentially leading to ABVC having a controlling interest in AIBL. |
7.2M | 2.4M |
| Nov 15, 2023 |
10-Q filing | 7.2M shares outstanding |
7.2M | 2.4M |
| Sep 13, 2023 |
8-K filing: ABVC BioPharma, Inc. entered into a letter agreement with Lind Global Fund II LP, waiving certain defaults related to the Company's market capitalization, while Lind retains its conversion rights which could result in a substantial amount of common stock issued at a significant discount. |
4M | 2.4M |
| Aug 17, 2023 |
8-K filing: ABVC BioPharma, Inc. entered into a cooperation agreement with Zhonghui United Technology (Chengdu) Group Co., Ltd. to acquire 20% ownership of a property in Leshan, Sichuan, China, in exchange for 370,000 shares of ABVC's common stock at $20.0 per share. ($7.4M proceeds) |
4M | 2.4M |
| Aug 14, 2023 |
10-Q filing | 4.0M shares outstanding |
4M | 2.4M |
| Jul 31, 2023 |
8-K filing: ABVC BioPharma, Inc. closed a registered direct offering on July 31, 2023, issuing 300,000 shares of common stock and 200,000 pre-funded warrants to an institutional investor. |
3.3M | 2.4M |
| Jul 27, 2023 |
8-K filing: ABVC BioPharma, Inc. entered into a securities purchase agreement to sell 300,000 shares of common stock and 200,000 pre-funded warrants at $3.50 per share, for gross proceeds of $1,750,000. ($3.5M proceeds) |
3.3M | 2.4M |
| Jul 25, 2023 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 33,075,775 → 3,308,074 |
3.3M | 2.4M |
| Jun 08, 2023 |
S-1/A filing: This is an S-1/A filing for ABVC Biopharma, Inc. related to the offering of common stock issuable upon conversion of a note and underlying warrants. |
33M | 24M |
| Jun 01, 2023 |
S-1/A filing: This is an S-1/A filing for ABVC BioPharma, Inc. related to the offering of common stock by selling stockholders upon conversion of a note and exercise of warrants. |
33M | 24M |
| May 15, 2023 |
10-Q filing | 33.1M shares outstanding |
33M | 15M |
| May 10, 2023 |
S-1/A filing: S-1/A filing on 2023-05-10 regarding an offering of common stock by selling stockholders. |
32M | 15M |
| Apr 26, 2023 |
POS AM filing: This POS AM filing details an offering of up to 2,255,000 shares of common stock issuable upon the exercise of outstanding warrants from a previous offering. |
33M | 15M |
| Apr 26, 2023 |
POS AM filing: This POS AM filing relates to the offering of up to 3,400,187 shares of common stock by Selling Stockholders. The company will not receive any proceeds from the sales. |
32M | 15M |
| Apr 24, 2023 |
S-1 filing: The filing relates to an offering of up to $3,175,000 of shares of Common Stock issuable upon conversion of the Note, up to 5,291,667 shares of Common Stock underlying the Warrant and up to 211,667 shares of Common Stock underlying the PA Warrant by Selling Stockholders. |
32M | 15M |
| Mar 31, 2023 |
10-K filing | 31.7M shares outstanding |
32M | 15M |
| Feb 24, 2023 |
8-K filing: ABVC BioPharma, Inc. entered into a securities purchase agreement with Lind Global Fund II, LP to issue a secured, convertible note in the principal amount of $3,704,167 for a purchase price of $3,175,000, convertible into shares of the Company's common stock at $1.05 per share, and a common stock purchase warrant to purchase up to 5,291,667 shares of common stock at $1.05 per share. |
33M | 15M |
| Nov 14, 2022 |
10-Q filing | 32.6M shares outstanding |
33M | 15M |
| Aug 15, 2022 |
10-Q filing | 31.3M shares outstanding |
31M | 15M |
| Jun 14, 2022 |
POS AM filing: This POS AM filing relates to the offering of up to 4,575,923 shares of common stock by Selling Stockholders. The company will not receive any proceeds from the sale of these shares. |
30M | 15M |
| Jun 14, 2022 |
POS AM filing: This is a filing for securities offered upon exercise of outstanding warrants issued in August 2021 public offering. |
32M | 15M |
| May 17, 2022 |
8-K filing: ABVC BioPharma, Inc. closed a transaction on May 16, 2022, issuing 2,000,000 shares of common stock at $2.11 per share and warrants to purchase up to 2,000,000 shares to an institutional investor, with WallachBeth Capital LLC and ViewTrade Securities, Inc. acting as co-placement agents. ($4.22M proceeds) |
30M | 16M |
| May 16, 2022 |
10-Q filing | 29.7M shares outstanding |
30M | 16M |
| May 12, 2022 |
8-K filing: ABVC BioPharma, Inc. entered into a securities purchase agreement on May 11, 2022, for the offer and sale of 2,000,000 shares of common stock in a registered direct offering, along with warrants to purchase 2,000,000 shares. ($4.22M proceeds) |
30M | 16M |
| Mar 31, 2022 |
10-K filing | 30.3M shares outstanding |
30M | 16M |
| Nov 16, 2021 |
S-3/A filing: ABVC BioPharma, Inc. may from time to time sell common stock, preferred stock, warrants, or a combination of these securities for an aggregate offering price of up to $50,000,000. |
27M | 16M |
| Nov 15, 2021 |
10-Q filing | 26.9M shares outstanding |
27M | 1.2M |
| Oct 08, 2021 |
8-K filing: ABVC BioPharma, Inc. entered into a Joint Venture Agreement with Lucidaim Co., Ltd. and BioLite Japan K.K., transferring 54 ordinary shares of Biolite to Lucidaim for no consideration, resulting in Lucidaim owning 51% and ABVC owning 49% of Biolite's Ordinary Shares. |
24M | 1.2M |
| Aug 12, 2021 |
10-Q filing | 24.5M shares outstanding |
24M | 1.2M |
| Jul 29, 2021 |
S-1/A filing: ABVC Biopharma, Inc. proposes to issue and sell to the underwriters an aggregate of 1,000,000 Units, each Firm Unit consisting of one share of the Company's common stock, one Series A warrant to purchase one share of Common Stock and one Series B warrant to purchase one share of common stock; also an option to purchase up to an additional 150,000 shares of Common Stock, Series A warrants and Series B warrants. |
24M | 1.2M |
| Jul 28, 2021 |
S-1/A filing: This is an S-1/A filing for an offering of units, each consisting of one share of common stock, Series A warrants, and Series B warrants, with an assumed initial public offering price of $6.25 per unit, aiming to raise approximately $6,250,000 for funding clinical trials and general business purposes. |
24M | 3M |
| Jul 21, 2021 |
S-1/A filing: This S-1/A filing relates to an offering of units, each consisting of one share of common stock and warrants to purchase common stock. |
24M | 1.5M |
| Jun 21, 2021 |
S-1/A filing: S-1/A filing for offering of units, each consisting of one share of common stock, one Series A warrant, and one Series B warrant, at an assumed price of $6.25 per unit. |
24M | 1M |
| May 14, 2021 |
S-1/A filing: This S-1/A filing relates to an offering of Units, each consisting of one share of common stock and warrants to purchase common stock, with an over-allotment option for additional shares and warrants. |
24M | 1.3M |
| May 10, 2021 |
10-Q filing | 24.4M shares outstanding |
24M | 0 |
| Apr 15, 2021 |
POS AM filing: This prospectus relates to the resale of up to 4,575,923 shares of Common Stock of ABVC BioPharma, Inc. by the selling stockholders. |
24M | 0 |
| Apr 08, 2021 |
S-1 filing: This is a firm commitment underwritten public offering by ABVC Biopharma, Inc. of units, each consisting of one share of common stock, one Series A warrant, and one Series B warrant. |
24M | 4.6M |
| Mar 16, 2021 |
10-K filing | 24.4M shares outstanding |
24M | 4.6M |
| Dec 15, 2020 |
S-1/A filing: This prospectus relates to the resale of up to 4,575,923 shares of Common Stock by selling shareholders. |
19M | 4.6M |
| Nov 24, 2020 |
S-1 filing: This S-1 filing relates to the resale of up to 4,575,923 shares of Common Stock by selling shareholders. |
19M | 4.6M |
| Nov 17, 2020 |
10-Q filing | 19.5M shares outstanding |
19M | 0 |
| Nov 17, 2020 |
8-K filing: American BriVision (Holding) Corporation closed a securities purchase agreement with two non-U.S. investors, selling 1,111,112 shares of common stock and warrants to purchase 1,111,112 shares for $2,500,000 each, resulting in aggregate net proceeds of $5,000,000 for the Company. ($5.0M proceeds) |
19M | 0 |
| Oct 06, 2020 |
8-K filing: American BriVision (Holding) Corporation closed the transactions contemplated by the Exchange Agreements, issuing an aggregate of 795,735 shares of the Company's common stock and warrants to purchase 795,735 shares of Common Stock to certain U.S. and non-U.S. holders. |
19M | 0 |
| Aug 14, 2020 |
10-Q filing | 19.5M shares outstanding |
19M | 0 |
| Jun 29, 2020 |
10-Q filing | 19.5M shares outstanding |
19M | 0 |
| May 15, 2020 |
10-K filing | 19.5M shares outstanding |
19M | 0 |
| Apr 24, 2020 |
8-K filing: American BriVision (Holding) Corporation entered into exchange agreements with certain non-U.S. holders to exchange convertible promissory notes for 289,438 shares of common stock and warrants to purchase 289,438 shares of common stock. |
N/A | 0 |
| Apr 14, 2020 |
8-K filing: American BriVision (Holding) Corporation entered into exchange agreements with certain holders of convertible promissory notes to exchange $941,584.07 in notes for 506,297 shares of common stock and warrants to purchase 506,297 shares of common stock. |
N/A | 0 |
| Feb 24, 2020 |
RW filing: The company has withdrawn the registration statement. |
N/A | 0 |