Archer Aviation Inc. (ACHR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ACHR currently has 767M outstanding shares. with moderate dilution risk from 229M authorized shares representing 29.9% potential dilution. The company has significantly diluted shareholders by 111.48% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
8-K filing: Archer Aviation Inc. filed a prospectus supplement for the resale of 3,266,870 shares of Class A common stock and announced the issuance of up to $8 million in shares to vendors for services and goods. |
770M | 230M |
| May 11, 2026 |
10-Q filing | 766.9M shares outstanding |
770M | 230M |
| Jan 22, 2026 |
8-K filing: The Company filed a prospectus supplement relating to the resale of 341,984 shares of Class A common stock issued to selling stockholders in connection with the acquisition of a business. |
660M | 230M |
| Dec 10, 2025 |
8-K filing: The company filed a prospectus supplement relating to the resale of 1,174,453 shares of Class A common stock that were issued to the selling stockholder pursuant to an Asset Purchase Agreement. |
660M | 230M |
| Nov 26, 2025 |
8-K filing: Archer Aviation Inc. issued 1,517,618 shares of Class A common stock pursuant to a license agreement with certain licensing parties. |
660M | 230M |
| Nov 19, 2025 |
8-K filing: Archer Aviation Inc. filed a prospectus supplement relating to the resale of 1,095,321 shares of Class A common stock that were issued by the Company to the selling stockholder pursuant to a Stock Retainer Agreement and related stock purchase agreement. |
660M | 230M |
| Nov 06, 2025 |
10-Q filing | 660.9M shares outstanding |
660M | 230M |
| Nov 06, 2025 |
8-K filing: Archer Aviation Inc. entered into securities purchase agreements with institutional investors to issue and sell 81,250,000 shares of Class A common stock at $8.00 per share in a registered direct offering, for gross proceeds of $650.0 million. ($650.0M proceeds) |
540M | 230M |
| Jun 13, 2025 |
8-K filing: Archer Aviation Inc. entered into a securities purchase agreement to issue and sell 85,000,000 shares of Class A common stock in a registered direct offering at a price of $10.00 per share, for gross proceeds of $850 million. ($850.0M proceeds) |
540M | 230M |
| May 12, 2025 |
10-Q filing | 540.4M shares outstanding |
540M | 230M |
| Feb 28, 2025 |
10-K filing | 542.5M shares outstanding |
540M | 230M |
| Feb 11, 2025 |
8-K filing: Archer Aviation Inc. entered into a securities purchase agreement to issue and sell 35,500,000 shares of its Class A common stock in a registered direct offering at a price of $8.50 per share, for gross proceeds of $301.75 million. ($301.75M proceeds) |
400M | 230M |
| Feb 11, 2025 |
8-K filing: Archer Aviation Inc. completed a registered direct offering of 35,500,000 shares of Class A common stock at $8.50 per share, resulting in gross proceeds of $301.75 million. ($301.75M proceeds) |
400M | 230M |
| Dec 12, 2024 |
8-K filing: Archer Aviation Inc. entered into subscription agreements to sell and issue shares of Class A common stock in private placements to accredited investors and Stellantis N.V., with anticipated gross proceeds of approximately $430 million. |
400M | 230M |
| Nov 08, 2024 |
10-Q filing | 397.5M shares outstanding |
400M | 230M |
| Nov 04, 2024 |
8-K filing: Archer Aviation Inc. entered into a memorandum of understanding with FCA US LLC, a subsidiary of Stellantis N.V., for a contract manufacturing relationship, including a forward issuance agreement for shares of Class A common stock and a performance warrant for up to 10,494,377 shares. ($0.1M proceeds) |
330M | 230M |
| Aug 13, 2024 |
S-3 filing: This S-3 filing registers the resale of 49,283,582 shares of Class A common stock by selling stockholders. |
330M | 230M |
| Aug 09, 2024 |
10-Q filing | 334.1M shares outstanding |
330M | 180M |
| Aug 08, 2024 |
8-K filing: Archer Aviation Inc. entered into subscription agreements to sell and issue 49,283,582 shares of Class A common stock at $3.35 per share in a private placement, anticipated to close on or about August 12, 2024. |
280M | 180M |
| Jul 03, 2024 |
8-K filing: On July 1, 2024, the Company issued 17,401,153 shares of Class A common stock to Stellantis N.V. at a price of $3.16071 per share, for gross proceeds of approximately $55.0 million, pursuant to a Forward Purchase Agreement. ($55.0M proceeds) |
280M | 180M |
| May 10, 2024 |
S-3 filing: Archer Aviation Inc. files an S-3 form to offer shares of Class A common stock, preferred stock, debt securities, warrants, subscription rights and units for up to $95,000,000. |
280M | 180M |
| May 09, 2024 |
10-Q filing | 285.3M shares outstanding |
290M | 160M |
| Feb 29, 2024 |
10-K filing | 270.4M shares outstanding |
270M | 160M |
| Nov 13, 2023 |
S-3 filing: Archer Aviation Inc. is offering up to $70,000,000 aggregate dollar amount of shares of Class A common stock, preferred stock, debt securities, warrants to purchase Class A common stock, preferred stock or debt securities, subscription rights to purchase Class A common stock, preferred stock or debt securities and/or units consisting of some or all of these securities. |
240M | 160M |
| Nov 09, 2023 |
10-Q filing | 277.7M shares outstanding |
280M | 160M |
| Oct 20, 2023 |
8-K filing: Archer Aviation Inc. issued 12,313,234 shares of Class A common stock to Stellantis N.V. at a price of $5.68 per share, for gross proceeds of approximately $70.0 million, pursuant to the Forward Purchase Agreement. ($70.0M proceeds) |
210M | 160M |
| Aug 15, 2023 |
S-3 filing: This S-3 filing registers 94,671,586 shares of Class A Common Stock for resale by selling stockholders. |
210M | 160M |
| Aug 14, 2023 |
10-Q filing | 208.6M shares outstanding |
210M | 67M |
| Aug 10, 2023 |
8-K filing: Archer Aviation Inc. entered into subscription agreements to sell 26,173,286 shares of Class A common stock at $5.54 per share in a private placement, and agreed to issue 1,985,559 shares of common stock to an outside vendor in satisfaction of outstanding payables. ($145.0M proceeds) |
180M | 67M |
| May 11, 2023 |
10-Q filing | 184.8M shares outstanding |
180M | 67M |
| Mar 15, 2023 |
10-K filing | 184.7M shares outstanding |
180M | 67M |
| Nov 10, 2022 |
POS AM filing: This is a post-effective amendment to convert the prior registration statement into a registration statement on Form S-3 and to update certain information regarding the securities being offered pursuant to the prospectus contained herein; no additional securities are being registered. |
170M | 67M |
| Nov 10, 2022 |
10-Q filing | 177.7M shares outstanding |
180M | 67M |
| Aug 10, 2022 |
10-Q filing | 174.4M shares outstanding |
170M | 67M |
| Jul 01, 2022 |
POS AM filing: This prospectus relates to the issuance of Class A Common Stock upon exercise of warrants and the offer and sale of Class A Common Stock and Private Warrants by selling securityholders. |
170M | 67M |
| May 12, 2022 |
10-Q filing | 169.5M shares outstanding |
170M | 130M |
| Mar 14, 2022 |
10-K filing | 167.1M shares outstanding |
170M | 130M |
| Nov 12, 2021 |
10-Q filing | 157.3M shares outstanding |
160M | 130M |
| Oct 22, 2021 |
S-1/A filing: This is an S-1/A filing for Atlas Class A Shares and warrants. It discusses the determination of the offering price of the Class A Shares underlying the Warrants and mentions a PIPE Financing of $600 million for 60,000,000 Class A Shares. |
13M | 130M |
| Oct 07, 2021 |
S-1 filing: This S-1 filing relates to the issuance of up to 25,398,947 shares of Class A Common Stock issuable upon exercise of warrants and the offer and sale of up to 165,425,700 shares of Class A Common Stock and up to 8,732,280 Private Warrants by selling securityholders. |
13M | 100M |
| Sep 15, 2021 |
8-K filing: Holders of 24,239,307 shares of Class A Common Stock redeemed their shares for cash at $10.00 per share, resulting in an aggregate redemption amount of $242,420,848.23. ($242.42M proceeds) |
13M | 67M |
| Aug 16, 2021 |
10-Q filing | 12.5M shares outstanding |
13M | 67M |
| May 24, 2021 |
10-Q filing | 12.5M shares outstanding |
13M | 67M |
| Mar 08, 2021 |
10-K filing | 50.0M shares outstanding |
50M | 67M |
| Feb 10, 2021 |
8-K filing: Atlas Crest Investment Corp. entered into a Business Combination Agreement with Archer Aviation Inc., involving a merger and the creation of a dual-class share structure with Class A and Class B common stock, and a PIPE Financing for $600 million. ($600.0M proceeds) |
50M | 67M |
| Dec 17, 2020 |
8-K filing: Atlas Crest Investment LLC forfeited 1,875,000 shares of Class B Common Stock to maintain 20.0% ownership after underwriters did not exercise their over-allotment option following the IPO. |
50M | 67M |
| Dec 07, 2020 |
10-Q filing | 50.0M shares outstanding |
50M | 67M |
| Nov 02, 2020 |
8-K filing: Atlas Crest Investment Corp. completed its initial public offering of 50,000,000 units at $10.00 per unit, generating gross proceeds of $500,000,000, and also completed the private sale of 8,000,000 warrants to the Sponsor at $1.50 per warrant, generating gross proceeds of $12,000,000. ($512.0M proceeds) |
N/A | 67M |
| Oct 21, 2020 |
S-1/A filing: This is an S-1/A filing for shares of Class A common stock and redeemable warrants offered as units. |
N/A | 67M |
| Oct 19, 2020 |
S-1/A filing: Initial public offering of units, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant, with an over-allotment option for the underwriters to purchase additional units. |
N/A | 58M |
| Oct 14, 2020 |
S-1/A filing: This is an S-1/A filing for an initial public offering of units, each consisting of one share of Class A common stock and one-third of one redeemable warrant, by Atlas Crest Investment Corp., a blank check company, with a proposed offering amount of $500,000,000. |
N/A | 77M |
| Oct 02, 2020 |
S-1 filing: Atlas Crest Investment Corp. is offering 50,000,000 units at $10.00 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant in an initial public offering. |
N/A | 75M |