American Resources Corp (AREC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
AREC currently has 84.3M outstanding shares. with limited dilution risk as only 2.44M additional shares (2.9%) are authorized for issuance. The company has significantly diluted shareholders by 8587.3% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 14, 2025 |
10-Q filing | 84.3M shares outstanding |
84M | 2.4M |
| Oct 17, 2025 |
8-K filing: American Resources Corporation entered into securities purchase agreements to sell 2,661,764 shares of common stock and pre-funded warrants to purchase up to 5,181,374 shares of common stock in a private placement offering, with the offering anticipated to close on or about October 16, 2025. ($16.22M proceeds) |
76M | 10M |
| Oct 14, 2025 |
8-K filing: American Resources Corporation entered into securities purchase agreements to sell 9,480,282 shares of common stock at $3.55 per share in a private placement offering, with Maxim Group LLC acting as the placement agent. ($33.65M proceeds) |
76M | 10M |
| Feb 04, 2025 |
8-K filing: CGrowth Capital, Inc. purchased 100% of the issued and outstanding shares of common stock of American Infrastructure Corporation in exchange for ten million shares of newly created Series A Preferred Stock. |
76M | 10M |
| Jan 06, 2025 |
8-K filing: American Resources Corporation's subsidiary, American Infrastructure Corporation (AIC), entered into a binding term sheet for a merger with CGrowth Capital, Inc. (CGRA), where CGRA will acquire 100% of AIC's common stock in exchange for ten million shares of newly created Series A Preferred Stock. |
76M | 10M |
| Nov 19, 2024 |
10-Q filing | 76.2M shares outstanding |
76M | 10M |
| Aug 19, 2024 |
10-Q filing | 77.4M shares outstanding |
77M | 9.3M |
| Jul 02, 2024 |
8-K filing: American Resources Corporation's subsidiary, American Metals LLC, entered into a Business Combination Agreement with Electrified Materials Corporation and AI Transportation Acquisition Corp., involving mergers and share exchanges to create a combined entity, with the shareholders of American Metals LLC receiving Pubco Common Stock valued at $100,000,000 plus potential earnout consideration. ($100.0M proceeds) |
890K | 86M |
| Apr 15, 2024 |
10-K filing | 0.9M shares outstanding |
890K | 86M |
| Nov 14, 2023 |
10-Q filing | 65.1M shares outstanding |
65M | 22M |
| Aug 14, 2023 |
10-Q filing | 66.8M shares outstanding |
67M | 20M |
| May 15, 2023 |
10-Q filing | 66.8M shares outstanding |
67M | 20M |
| May 01, 2023 |
S-3/A filing: This is an S-3/A filing by American Resources Corporation. |
65M | 22M |
| Apr 18, 2023 |
S-3/A filing: This is an S-3/A filing by American Resources Corporation. |
65M | 22M |
| Apr 07, 2023 |
S-3/A filing: American Resources Corporation intends to offer and sell Class A Common Stock, Warrants and Units, in one or more series or issuances, up to an aggregate amount of $36,390,000. |
65M | 22M |
| Mar 31, 2023 |
10-K filing | 65.1M shares outstanding |
65M | 22M |
| Feb 06, 2023 |
8-K filing: American Resources Corporation entered into an agreement with Golden Properties Ltd. to convert $9,891,241.12 of debt into 9,420,230 shares of class A common stock. |
67M | 20M |
| Nov 14, 2022 |
10-Q filing | 66.9M shares outstanding |
67M | 20M |
| Sep 06, 2022 |
8-K filing: American Resources Corporation sells the exclusive rights to Graphene Technologies to Novusterra Inc. for 4.0 million shares valued at $4.00 per share. ($16.0M proceeds) |
67M | 20M |
| Aug 15, 2022 |
10-Q filing | 66.6M shares outstanding |
67M | 20M |
| Jun 03, 2022 |
S-3 filing: American Resources Corporation is filing a shelf registration to offer and sell Class A Common Stock, Warrants and Units up to an aggregate amount of $36,390,000. |
65M | 22M |
| May 16, 2022 |
10-Q filing | 65.1M shares outstanding |
65M | 0 |
| Apr 07, 2022 |
8-K filing: American Resources Corporation entered into a Letter of Intent to acquire Energy Technologies Inc., involving cash and stock consideration. ($3.0M proceeds) |
65M | 0 |
| Mar 30, 2022 |
10-K filing | 65.1M shares outstanding |
65M | 0 |
| Jan 14, 2022 |
8-K filing: American Resources Corporation issued a 7.5% equity membership interest in its subsidiary, American Rare Earth LLC, to HG Ventures LLC. Additionally, American Resources issued a warrant to Heritage to purchase up to $50,000,000 of American Rare Earth's equity ownership interest at a pre-money valuation of $300,000,000. |
61M | 0 |
| Nov 15, 2021 |
10-Q filing | 60.8M shares outstanding |
61M | 0 |
| May 12, 2021 |
10-Q filing | 51.9M shares outstanding |
52M | 0 |
| Oct 29, 2020 |
10-Q filing | 35.6M shares outstanding |
36M | 0 |
| Jul 23, 2020 |
10-Q filing | 26.3M shares outstanding |
26M | 0 |
| Jun 17, 2020 |
10-Q filing | 26.0M shares outstanding |
26M | 0 |