AVADEL PHARMACEUTICALS PLC (AVDL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
AVDL currently has 97.1M outstanding shares. with limited dilution risk as only 9.17M additional shares (9.4%) are authorized for issuance. The company has minimally diluted shareholders by 2.21% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 04, 2025 |
10-Q filing | 97.1M shares outstanding |
97M | 9.2M |
| Aug 07, 2025 |
10-Q filing | 96.7M shares outstanding |
97M | 9.2M |
| May 07, 2025 |
10-Q filing | 96.6M shares outstanding |
97M | 9.2M |
| Mar 07, 2025 |
8-K filing: Avadel Pharmaceuticals plc approved equity grants to its executives, including options to purchase ordinary shares and restricted share awards, with vesting conditions based on the company's share price performance. |
95M | 9.2M |
| Mar 03, 2025 |
10-K filing | 95.1M shares outstanding |
95M | 9.2M |
| Nov 12, 2024 |
10-Q filing | 96.3M shares outstanding |
96M | 9.2M |
| Aug 08, 2024 |
10-Q filing | 96.2M shares outstanding |
96M | 9.2M |
| May 08, 2024 |
8-K filing: Avadel Pharmaceuticals plc entered into an Open Market Sale Agreement with Jefferies LLC to offer and sell Ordinary Shares up to $100,000,000 and terminated the previous ADS Sales Agreement upon the direct listing of Ordinary Shares on the Nasdaq Stock Market. ($13.5M proceeds) |
91M | 9.2M |
| May 08, 2024 |
10-Q filing | 91.7M shares outstanding |
92M | 9.2M |
| Feb 29, 2024 |
10-K filing | 90.6M shares outstanding |
91M | 28M |
| Nov 08, 2023 |
10-Q filing | 89.4M shares outstanding |
89M | 28M |
| Aug 09, 2023 |
10-Q filing | 89.4M shares outstanding |
89M | 28M |
| May 31, 2023 |
8-K filing: Avadel Finance exercised its option to exchange $106,268,000.00 aggregate principal amount of its 6.00% Exchangeable Senior Notes due 2027 for approximately 12.3 million American Depositary Shares and $1.47 million in cash, with the exchange scheduled to close on June 26, 2023. |
77M | 28M |
| May 04, 2023 |
10-Q filing | 76.8M shares outstanding |
77M | 28M |
| Apr 03, 2023 |
8-K filing: Avadel Pharmaceuticals plc closed a public offering of ordinary shares and Series B Non-Voting Convertible Preferred Shares, with gross proceeds of approximately $143.8 million. ($287.6M proceeds) |
77M | 28M |
| Mar 30, 2023 |
8-K filing: Avadel Pharmaceuticals plc entered into an underwriting agreement for a public offering of ordinary shares and Series B Non-Voting Convertible Preferred Shares, with expected net proceeds of approximately $117.0 million, potentially increasing to $134.6 million if the underwriters exercise their option in full. ($234.0M proceeds) |
60M | 28M |
| Mar 29, 2023 |
10-K filing | 60.1M shares outstanding |
60M | 28M |
| Nov 09, 2022 |
10-Q filing | 60.2M shares outstanding |
60M | 28M |
| Aug 31, 2022 |
S-3 filing: The filing is an S-3 shelf registration for the potential offering and sale of up to $500,000,000 in aggregate principal amount of ordinary shares, ordinary shares represented by American Depositary Shares, preferred shares, debt securities, warrants and/or units. |
59M | 28M |
| Aug 09, 2022 |
10-Q filing | 59.0M shares outstanding |
59M | 9.2M |
| May 09, 2022 |
10-Q filing | 58.8M shares outstanding |
59M | 9.2M |
| Apr 05, 2022 |
8-K filing: Avadel Finance Cayman Limited, a subsidiary of Avadel Pharmaceuticals plc, closed its exchange of approximately $117.4 million in Existing Notes and $5.6 million for approximately $117.4 million in New Notes due October 2, 2023, pursuant to Section 4(a)(2) of the Securities Act of 1933. |
59M | 9.2M |
| Mar 16, 2022 |
8-K filing: Avadel Pharmaceuticals plc, through its subsidiary Avadel Finance Cayman Limited, entered into exchange agreements to exchange approximately $117.4 million in aggregate principal amount of existing 4.50% Exchangeable Senior Notes due February 1, 2023 and approximately $5.6 million in cash for approximately $117.4 million in aggregate principal amount of new 4.50% Exchangeable Senior Notes due October 2, 2023. |
59M | 9.2M |
| Mar 16, 2022 |
10-K filing | 58.5M shares outstanding |
59M | 9.2M |
| Nov 08, 2021 |
10-Q filing | 58.6M shares outstanding |
59M | 9.2M |
| Aug 09, 2021 |
10-Q filing | 58.5M shares outstanding |
58M | 9.2M |
| May 10, 2021 |
10-Q filing | 58.4M shares outstanding |
58M | 9.2M |
| Mar 09, 2021 |
10-K filing | 54.9M shares outstanding |
55M | 9.2M |
| Nov 09, 2020 |
10-Q filing | 58.2M shares outstanding |
58M | 9.2M |
| Aug 10, 2020 |
10-Q filing | 37.3M shares outstanding |
37M | 9.2M |
| May 11, 2020 |
10-Q filing | 58.1M shares outstanding |
58M | 9.2M |
| May 01, 2020 |
S-3 filing: This is an S-3 filing for the resale of ordinary shares represented by American Depositary Shares by selling shareholders. |
42M | 9.2M |
| Apr 29, 2020 |
8-K filing: Avadel Pharmaceuticals plc entered into an underwriting agreement for a public offering of 11,630,000 American Depositary Shares at $10.75 per share, with expected net proceeds of approximately $117.1 million. ($117.1M proceeds) |
42M | 0 |
| Mar 16, 2020 |
10-K filing | 41.8M shares outstanding |
42M | 0 |
| Feb 24, 2020 |
8-K filing: Avadel Pharmaceuticals plc entered into a Securities Purchase Agreement to sell 8,680,225 ordinary shares and 487,614 Series A Non-Voting Convertible Preferred Shares at $7.09 per share, resulting in gross proceeds of approximately $65 million. ($65.0M proceeds) |
46M | 0 |
| Feb 05, 2020 |
S-3 filing: The filing is for a shelf offering of ordinary shares, ordinary shares represented by American Depositary Shares, preferred shares, debt securities, warrants and/or units up to an aggregate principal amount of $250,000,000. |
37M | 0 |