Aeluma, Inc. (ALMU) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 45.07% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
18M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

ALMU currently has 18.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 45.07% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 18.3M shares outstanding

18M 0
Nov 12, 2025

10-Q filing | 16.1M shares outstanding

16M 0
Sep 19, 2025

POS AM filing: This POS AM filing registers the resale of common stock issued in a previous offering and shares issuable upon exercise of placement agent warrants.

16M 0
Sep 19, 2025

8-K filing: Aeluma, Inc. completed a public offering of 1,700,000 shares of common stock at $13.00 per share, with the underwriters exercising their option to purchase an additional 255,000 shares, resulting in net proceeds of approximately $23.4 million for the company. ($25.32M proceeds)

16M 0
Sep 09, 2025

10-K filing | 15.9M shares outstanding

16M 0
May 09, 2025

10-Q filing | 15.8M shares outstanding

16M 0
Mar 28, 2025

8-K filing: Aeluma, Inc. completed a public offering of 2,628,571 shares of common stock at $5.25 per share, resulting in gross proceeds of approximately $13.8 million. ($13.8M proceeds)

12M 0
Mar 25, 2025

S-1/A filing: Aeluma, Inc. is registering (i) 1,739,130 shares of common stock, (ii) warrants to purchase up to 86,957 shares of common stock, (iii) up to 86,957 shares of common stock issuable upon the exercise of the Warrants, (iv) at the option of the underwriter, up to an additional 260,870 shares of common stock, and (v) up to 898,573 shares of common stock to be offered by certain selling stockholders.

12M 1.1M
Mar 25, 2025

S-1/A filing: Aeluma, Inc. is conducting a firm commitment underwritten public offering of 1,739,130 shares of common stock at an assumed initial offering price of $5.75 per share, along with a resale of 898,573 shares of common stock underlying convertible notes.

12M 1.1M
Mar 20, 2025

S-1/A filing: Aeluma, Inc. is offering 1,391,304 shares of common stock at an assumed public offering price of $5.75 per share, along with the resale of up to 898,573 shares of common stock by selling shareholders, and 69,565 underwriter warrants.

12M 740K
Feb 28, 2025

S-1 filing: Aeluma, Inc. is conducting a firm commitment underwritten public offering of common stock, and this prospectus also includes the resale of shares of common stock underlying convertible notes issued to certain investors, with Craig-Hallum Capital Group LLC as underwriter.

12M 0
Feb 11, 2025

10-Q filing | 12.2M shares outstanding

12M 0
Nov 08, 2024

10-Q filing | 12.2M shares outstanding

12M 0
Oct 10, 2024

POS AM filing: This is a POS AM filing for an offering of common stock by selling stockholders, including shares issued in the Offering and shares issuable upon exercise of Placement Agent Warrants.

12M 0
Oct 07, 2024

POS AM filing: This POS AM filing relates to the offering of up to 11,010,002 shares of common stock by selling stockholders.

12M 450K
Sep 27, 2024

10-K filing | 12.3M shares outstanding

12M 450K
May 10, 2024

10-Q filing | 12.2M shares outstanding

12M 580K
Feb 12, 2024

10-Q filing | 12.2M shares outstanding

12M 590K
Nov 09, 2023

10-Q filing | 12.7M shares outstanding

13M 84K
Oct 04, 2023

POS AM filing: This prospectus relates to the resale of up to 11,010,002 shares of Common Stock of Aeluma, Inc. by the selling stockholders identified in the prospectus.

11M 1.4M
Sep 26, 2023

S-1/A filing: This S-1/A filing pertains to an offering of up to 2,103,151 shares of common stock by selling stockholders, including shares issued in the offering and shares issuable upon exercise of placement agent warrants.

11M 1.4M
Sep 25, 2023

10-K filing | 11.4M shares outstanding

11M 1.4M
Aug 03, 2023

S-1/A filing: This S-1/A filing describes an offering of up to 2,103,151 shares of common stock by selling stockholders, including 2,017,498 shares issued in the offering and up to 85,653 shares issuable upon exercise of Placement Agent Warrants.

13M 0
Jul 06, 2023

S-1 filing: S-1 filing for an offering of common stock by selling stockholders and shares issuable upon exercise of placement agent warrants.

13M 21K
May 15, 2023

10-Q filing | 12.8M shares outstanding

13M 0
May 11, 2023

8-K filing: The company completed the Offering of common stock, issuing a total of 1,551,000 shares in the first close, 214,667 shares in the second close, 715,666 shares in the third close and 570,166 shares in the final close for gross proceeds of $6,052,500, also issuing placement agent warrants to purchase up to 44,933 shares of common stock at an exercise price of $3.00 per share to the placement agent. ($6.05M proceeds)

11M 0
Apr 05, 2023

8-K filing: The company completed the third closing of its offering issuing 715,666 shares of common stock at $3.00 per share for gross proceeds of $2,147,000, bringing the total gross proceeds from the offering to $4,342,000. ($4.34M proceeds)

11M 0
Feb 13, 2023

10-Q filing | 10.8M shares outstanding

11M 0
Dec 27, 2022

POS AM filing: This prospectus relates to the resale of up to 11,010,002 shares of Common Stock by the selling stockholders.

11M 0
Dec 23, 2022

8-K filing: The company entered into subscription agreements with accredited investors to sell 517,000 shares of common stock at $3.00 per share, for gross proceeds of $1,551,000. ($1.55M proceeds)

11M 11M
Nov 14, 2022

10-Q filing | 10.7M shares outstanding

11M 11M
Sep 28, 2022

10-K filing | 10.7M shares outstanding

11M 11M
May 16, 2022

10-Q filing | 10.7M shares outstanding

11M 11M
Feb 15, 2022

10-Q filing | 10.7M shares outstanding

11M 11M
Jan 12, 2022

S-1/A filing: This prospectus relates to the resale, from time to time, by the selling stockholders identified in this prospectus under the caption "Selling Stockholders," of up to 11,010,002 shares of Common Stock of Aeluma, Inc

11M 11M
Nov 19, 2021

S-1/A filing: This S-1/A filing relates to the resale of up to 11,010,002 shares of Common Stock by selling stockholders at a fixed price of $2.00 per share until the common stock is quoted on the OTCQB or another public trading market develops.

11M 11M
Nov 15, 2021

10-Q filing | 10.7M shares outstanding

11M 11M
Oct 15, 2021

S-1/A filing: This prospectus relates to the resale of up to 11,010,002 shares of Common Stock of Aeluma, Inc. by the selling stockholders.

11M 11M
Aug 30, 2021

S-1 filing: The filing is an S-1 registration statement for an offering of up to 11,010,002 shares of common stock by selling stockholders.

11M 11M
Aug 23, 2021

10-Q filing | 10.7M shares outstanding

11M 0
May 17, 2021

10-Q filing | 5.0M shares outstanding

5M 0
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