ASSEMBLY BIOSCIENCES, INC. (ASMB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 26, 2026

Risk Assessment Details

Potential Dilution: 22.66% of current shares
Recent Dilution: 159.15% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
3.8M
Additional shares possible
Splits
None
Past 2 years

Summary

ASMB currently has 16.9M outstanding shares. with moderate dilution risk from 3.83M authorized shares representing 22.7% potential dilution. The company has significantly diluted shareholders by 159.15% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 26, 2026

8-K filing: Assembly Biosciences, Inc. completed an underwritten registered offering of 3,358,602 shares of common stock, 415,000 pre-funded warrants, and an additional 566,040 shares via option exercise, resulting in approximately $107.4 million in net proceeds.

17M 3.8M
May 07, 2026

10-Q filing | 16.9M shares outstanding

17M 7.5M
Mar 19, 2026

S-3 filing: The company is filing an S-3 to offer shares of common stock, preferred stock, debt securities, warrants, subscription rights, and/or units up to an aggregate offering price of $400,000,000.

7.7M 17M
Oct 14, 2025

S-3 filing: This prospectus relates to the offering and resale from time to time of up to 6,980,811 shares of common stock of Assembly Biosciences, Inc. by the selling stockholder identified in this prospectus.

7.7M 13M
Aug 06, 2025

10-Q filing | 7.7M shares outstanding

7.7M 6.1M
May 08, 2025

10-Q filing | 7.5M shares outstanding

7.5M 6.2M
Mar 20, 2025

S-3 filing: The company intends to offer, issue and sell, together or separately, from time to time in one or more offerings: shares of our common stock; shares of our preferred stock, which may be issued in one or more series; debt securities, which may be issued in one or more series and which may be senior debt securities or subordinated debt securities; warrants to purchase shares of our common stock, shares of our preferred stock or our debt securities; subscription rights to purchase shares of our common stock, shares of our preferred stock or our debt securities; and/ or units.

6.4M 7.4M
Mar 20, 2025

10-K filing | 7.5M shares outstanding

7.5M 6.2M
Dec 19, 2024

8-K filing: Gilead purchased 940,499 shares of Assembly Biosciences' common stock at $21.37 per share on December 19, 2024. ($20.1M proceeds)

6.4M 7.4M
Nov 07, 2024

10-Q filing | 6.4M shares outstanding

6.4M 7.4M
Aug 08, 2024

10-Q filing | 6.3M shares outstanding

6.3M 7.4M
May 08, 2024

10-Q filing | 5.5M shares outstanding

5.5M 8.3M
Mar 28, 2024

10-K filing | 5.5M shares outstanding

5.5M 8.3M
Feb 09, 2024
Stock Split

8-K filing: Stock split 1-for-12 | Outstanding: 65,709,112 → 5

5 14M
Nov 08, 2023

10-Q filing | 65.7M shares outstanding

66M 99M
Aug 09, 2023

10-Q filing | 52.3M shares outstanding

52M 110M
May 04, 2023

10-Q filing | 51.0M shares outstanding

51M 110M
Mar 22, 2023

S-3 filing: The company is filing an S-3 to offer common stock, preferred stock, debt securities, warrants, subscription rights, and units up to an aggregate amount of $150,000,000.

48M 120M
Mar 22, 2023

10-K filing | 48.4M shares outstanding

48M 120M
Nov 08, 2022

10-Q filing | 48.4M shares outstanding

48M 0
Aug 09, 2022

10-Q filing | 48.3M shares outstanding

48M 0
May 12, 2022

10-Q filing | 48.2M shares outstanding

48M 0
Mar 11, 2022

10-K filing | 48.1M shares outstanding

48M 0
Nov 04, 2021

10-Q filing | 47.9M shares outstanding

48M 0
Aug 05, 2021

10-Q filing | 42.9M shares outstanding

43M 0
May 06, 2021

10-Q filing | 40.2M shares outstanding

40M 0
Feb 25, 2021

10-K filing | 38.2M shares outstanding

38M 1.8M
Nov 05, 2020

10-Q filing | 33.0M shares outstanding

33M 7M
Aug 28, 2020

S-3 filing: The company may from time to time issue, in one or more series or classes, up to $300,000,000 of our common stock, preferred stock, debt securities, warrants and/or units.

35M 4.8M
Aug 05, 2020

10-Q filing | 35.3M shares outstanding

35M 0
May 08, 2020

10-Q filing | 32.7M shares outstanding

33M 0
Mar 04, 2020

10-K filing | 32.6M shares outstanding

33M 0
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