Applied Therapeutics, Inc. (APLT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
APLT currently has 146M outstanding shares. with significant dilution risk as 89.4M authorized shares could dilute existing holders by 61.4%. The company has significantly diluted shareholders by 25.53% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 13, 2025 |
10-Q filing | 145.6M shares outstanding |
150M | 89M |
| Aug 29, 2025 |
8-K filing: Applied Therapeutics, Inc. may offer and sell shares of its common stock with an aggregate offering price of up to $75,000,000 through Cantor Fitzgerald & Co. Also, Applied Therapeutics, Inc. terminated the Leerink Partners Sales Agreement, after selling 20,615,976 shares of Common Stock for net proceeds of approximately $49.3 million. ($49.3M proceeds) |
150M | 89M |
| Aug 13, 2025 |
10-Q filing | 145.1M shares outstanding |
150M | 89M |
| May 14, 2025 |
10-Q filing | 144.8M shares outstanding |
140M | 89M |
| Apr 15, 2025 |
10-K filing | 139.5M shares outstanding |
140M | 89M |
| Nov 07, 2024 |
10-Q filing | 116.4M shares outstanding |
120M | 89M |
| Aug 07, 2024 |
10-Q filing | 114.8M shares outstanding |
110M | 89M |
| May 09, 2024 |
10-Q filing | 125.3M shares outstanding |
130M | 89M |
| Mar 22, 2024 |
S-3 filing: The filing is an S-3 registration statement for a shelf offering of up to 14,285,714 shares of common stock for resale by selling stockholders, including 2,000,000 shares issuable upon exercise of pre-funded warrants. |
110M | 89M |
| Mar 06, 2024 |
10-K filing | 105.9M shares outstanding |
110M | 75M |
| Nov 09, 2023 |
10-Q filing | 77.2M shares outstanding |
77M | 75M |
| Oct 13, 2023 |
8-K filing: Applied Therapeutics, Inc. entered into an exchange agreement with entities affiliated with Venrock Healthcare Capital Partners, exchanging 5,658,034 shares of common stock for pre-funded warrants to purchase 5,658,034 shares of common stock, with an exercise price of $0.001 per share. |
63M | 75M |
| Aug 10, 2023 |
10-Q filing | 63.1M shares outstanding |
63M | 75M |
| May 12, 2023 |
S-3 filing: The filing is an S-3 registration statement for Applied Therapeutics, Inc., covering the potential issuance of common stock upon warrant exercises, resale of common stock by selling stockholders, and other securities up to an aggregate offering price of $300,000,000. |
56M | 75M |
| May 11, 2023 |
10-Q filing | 56.4M shares outstanding |
56M | 5.1M |
| Apr 27, 2023 |
8-K filing: Applied Therapeutics, Inc. completed a private placement on April 26, 2023, selling 9,735,731 shares of common stock and 22,000,000 pre-funded warrants at $0.946 per share/warrant, resulting in gross proceeds of approximately $30 million. ($60.0M proceeds) |
48M | 5.1M |
| Mar 23, 2023 |
10-K filing | 48.1M shares outstanding |
48M | 5.1M |
| Nov 09, 2022 |
10-Q filing | 48.0M shares outstanding |
48M | 5.1M |
| Aug 12, 2022 |
10-Q filing | 46.3M shares outstanding |
46M | 5.1M |
| Jun 27, 2022 |
8-K filing: Applied Therapeutics, Inc. closed an underwritten public offering on June 27, 2022, involving the issuance and sale of 20,000,000 shares of common stock, 10,000,000 pre-funded warrants, and accompanying warrants to purchase up to 30,000,000 shares of common stock, with Alexandria Venture Investments, LLC purchasing 3,500,000 shares and 1,500,000 Pre-Funded Warrants. ($30.0M proceeds) |
26M | 5.1M |
| May 12, 2022 |
10-Q filing | 26.2M shares outstanding |
26M | 5.1M |
| Mar 10, 2022 |
10-K filing | 25.6M shares outstanding |
26M | 5.1M |
| Nov 12, 2021 |
10-Q filing | 26.2M shares outstanding |
26M | 5.1M |
| Aug 12, 2021 |
10-Q filing | 26.1M shares outstanding |
26M | 5.1M |
| May 11, 2021 |
10-Q filing | 26.1M shares outstanding |
26M | 5.1M |
| Mar 18, 2021 |
10-K filing | 26.0M shares outstanding |
26M | 5.1M |
| Feb 17, 2021 |
8-K filing: Applied Therapeutics, Inc. completed a public offering of 3,000,000 shares of common stock at a price of $23.00 per share on February 17, 2021. |
22M | 5.1M |
| Nov 12, 2020 |
10-Q filing | 22.5M shares outstanding |
22M | 5.1M |
| Aug 11, 2020 |
10-Q filing | 22.4M shares outstanding |
22M | 5.1M |
| Jun 12, 2020 |
S-3/A filing: Applied Therapeutics, Inc. is offering up to $100,000,000 of common stock through an equity distribution agreement with Goldman Sachs & Co. LLC as a sales agent in "at-the-market" offerings. |
22M | 5.1M |
| Jun 05, 2020 |
S-3 filing: Applied Therapeutics, Inc. files an S-3 form to offer and sell up to $100,000,000 of its common stock through an equity distribution agreement with Goldman Sachs & Co. LLC as the sales agent, in at-the-market offerings. |
22M | 4.9M |
| Jun 05, 2020 |
POS AM filing: This POS AM filing describes an offering of 1,380,344 shares of common stock. The selling stockholders will receive all of the net proceeds from the sale of the shares, and the company will not receive any proceeds from this offering. |
22M | 4.9M |
| May 11, 2020 |
10-Q filing | 22.0M shares outstanding |
22M | 2.6M |
| Mar 16, 2020 |
POS AM filing: This POS AM filing from 2020-03-16 details a common stock offering of 1,380,344 shares, with 21,969,277 shares outstanding as of February 29, 2020. |
22M | 2.6M |
| Mar 13, 2020 |
10-K filing | 22.0M shares outstanding |
22M | 2.6M |
| Jan 23, 2020 |
S-1/A filing: This S-1/A filing includes information about the company's common stock offering, including the number of shares to be offered, outstanding shares, and the use of proceeds. |
19M | 2.6M |
| Jan 21, 2020 |
S-1 filing: This S-1 filing includes information on outstanding shares of common stock, voting rights, dividends, liquidation preferences, and rights of common stockholders. It also details a proposed offering of 1,750,000 shares of common stock at an assumed price of $48.86 per share, with an option for underwriters to purchase an additional 262,500 shares. The net proceeds are intended for advancing clinical trials, developing pipeline candidates, and general corporate purposes. |
19M | 1.8M |