Alzamend Neuro, Inc. (ALZN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ALZN currently has 3.8M outstanding shares. with significant dilution risk as 9.85M authorized shares could dilute existing holders by 259.2%. The company has significantly diluted shareholders by 730.09% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Dec 09, 2025 |
10-Q filing | 3.8M shares outstanding |
3.8M | 9.9M |
| Oct 09, 2025 |
8-K filing: Alzamend Neuro, Inc. issued 361,743 shares of common stock upon conversion of Series B Convertible Preferred Stock between October 1, 2025 and October 8, 2025. |
3.8M | 9.9M |
| Jul 22, 2025 |
10-K filing | 2.9M shares outstanding |
2.9M | 9.9M |
| May 12, 2025 |
Stock Split
8-K filing: Stock split 1-for-9 | Outstanding: 6,608,591 → 800,954 |
800K | 9.9M |
| Mar 27, 2025 |
S-1/A filing: This prospectus relates to the resale of up to 75,775,110 shares of common stock of Alzamend Neuro, Inc. by Orchid Finance LLC. |
6.6M | 89M |
| Mar 13, 2025 |
S-3 filing: This prospectus relates to the resale of up to 75,775,110 shares of common stock of Alzamend Neuro, Inc. by Orchid Finance LLC, including shares to be issued upon conversion of preferred stock and exercise of a warrant. |
6.6M | 89M |
| Mar 10, 2025 |
10-Q filing | 6.6M shares outstanding |
6.6M | 13M |
| Mar 03, 2025 |
8-K filing: Alzamend Neuro, Inc. amended its bylaws to decrease the quorum requirement for a stockholder meeting from a majority to 35% and filed a Certificate of Designations for Series C Convertible Preferred Stock related to a Securities Purchase & Exchange Agreement with a sophisticated investor. |
5.4M | 13M |
| Feb 28, 2025 |
8-K filing: Alzamend Neuro, Inc. entered into a Securities Purchase & Exchange Agreement with a sophisticated investor to exchange Series A Convertible Preferred Stock for Series C Convertible Preferred Stock and sell up to 500 shares of Series C Convertible Preferred Stock and warrants for up to $5,000,000.00 less a five percent discount. ($1.93M proceeds) |
5.4M | 13M |
| Dec 11, 2024 |
10-Q filing | 5.4M shares outstanding |
5.4M | 13M |
| Sep 11, 2024 |
10-Q filing | 3.9M shares outstanding |
3.9M | 13M |
| Jul 30, 2024 |
10-K filing | 0.8M shares outstanding |
840K | 13M |
| Jul 16, 2024 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 7,981,763 → 798,176 |
800K | 13M |
| Jul 03, 2024 |
S-1/A filing: This prospectus relates to the resale of up to 125,000,000 shares of common stock by the Selling Stockholder, consisting of shares issuable upon conversion of preferred stock and shares issuable upon exercise of warrants. |
8M | 130M |
| Jun 26, 2024 |
S-1/A filing: This prospectus relates to the resale of up to 125,000,000 shares of common stock of Alzamend Neuro, Inc. by Orchid Finance LLC. |
7.9M | 130M |
| Jun 03, 2024 |
S-1 filing: This prospectus relates to the resale of up to 125,000,000 shares of common stock of Alzamend Neuro, Inc. by Orchid Finance LLC, including shares to be issued upon conversion of preferred stock and exercise of warrants. |
7.4M | 130M |
| May 09, 2024 |
8-K filing: Alzamend Neuro, Inc. entered into a Securities Purchase Agreement to sell up to 2,500 shares of Series A Convertible Preferred Stock and warrants to purchase common stock for up to $25,000,000 in several tranche closings, subject to certain conditions including stockholder approval. ($25.0M proceeds) |
7.1M | 4M |
| Apr 30, 2024 |
8-K filing: Alzamend Neuro, Inc. sold 100 shares of Series B convertible preferred stock and warrants to purchase 100,000 shares of common stock to Ault Lending, LLC for $100,000, as part of an agreement where Ault Lending may purchase up to $6 million of Series B Preferred Stock and warrants. ($0.2M proceeds) |
7.1M | 4M |
| Mar 29, 2024 |
8-K filing: Alzamend Neuro, Inc. sold 780 shares of Series B convertible preferred stock and warrants to purchase 780,000 shares of common stock to Ault Lending, LLC for $780,000, completing a portion of a potential $6 million offering. ($1.56M proceeds) |
7.1M | 4M |
| Mar 25, 2024 |
10-Q filing | 7.1M shares outstanding |
7.1M | 4M |
| Feb 02, 2024 |
8-K filing: Alzamend Neuro, Inc. entered into a Securities Purchase Agreement with Ault Lending, LLC, selling 1,220 shares of Series A convertible preferred stock and warrants to purchase 1,220,000 shares of Common Stock for $1.22 million. ($1.22M proceeds) |
6.6M | 4M |
| Dec 15, 2023 |
10-Q filing | 6.6M shares outstanding |
6.6M | 4M |
| Oct 31, 2023 |
Stock Split
8-K filing: Stock split one-for-fifteen | Outstanding: 98,440,124 → 6,466,655 |
6.5M | 4M |
| Sep 13, 2023 |
10-Q filing | 98.4M shares outstanding |
98M | 60M |
| Aug 02, 2023 |
S-3 filing: The company is filing an S-3 to offer and sell, from time to time, any combination of common stock, preferred stock, warrants, rights or units having an aggregate initial offering price not exceeding $25,000,000. |
98M | 60M |
| Jul 27, 2023 |
10-K filing | 97.5M shares outstanding |
98M | 4.9M |
| Mar 15, 2023 |
10-Q filing | 98.3M shares outstanding |
98M | 4.9M |
| Dec 12, 2022 |
10-Q filing | 97.5M shares outstanding |
97M | 4.9M |
| Sep 13, 2022 |
10-Q filing | 97.5M shares outstanding |
97M | 4.9M |
| Jul 19, 2022 |
10-K filing | 89.1M shares outstanding |
89M | 4.9M |
| Mar 15, 2022 |
10-Q filing | 90.1M shares outstanding |
90M | 4.9M |
| Dec 13, 2021 |
10-Q filing | 88.9M shares outstanding |
89M | 4.9M |
| Sep 13, 2021 |
10-Q filing | 86.9M shares outstanding |
87M | 4.9M |
| Jul 29, 2021 |
10-K filing | 67.4M shares outstanding |
67M | 4.9M |
| Jun 11, 2021 |
S-1/A filing: This is an S-1/A filing for the initial public offering of common stock. We are offering 2,500,000 shares of our common stock, with an expected initial price of $5.00 per share. |
82M | 4.9M |
| Jun 07, 2021 |
S-1/A filing: Alzamend Neuro, Inc. is offering 2,500,000 shares of common stock in its initial public offering, with an expected initial public offering price of $5.00 per share, and Digital Power Lending, LLC may purchase up to $10.0 million of common stock in this offering at the same price. |
82M | 4.9M |
| Jun 03, 2021 |
S-1/A filing: This is an S-1/A filing for an initial public offering of common stock with a proposed offering of 2,500,000 shares at an expected price of $5.00 per share. |
82M | 2.5M |
| May 25, 2021 |
S-1/A filing: This is the initial public offering of shares of common stock of Alzamend Neuro, Inc. We are offering 2,500,000 shares of our common stock at an expected price of $5.00 per share. |
82M | 2.5M |
| May 10, 2021 |
S-1 filing: This is an S-1 filing for an initial public offering of common stock to fund research and development of AL001 and AL002, as well as for working capital and general corporate purposes. |
82M | 0 |