Blue Gold Ltd (BGL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: December 31, 2025

Risk Assessment Details

Potential Dilution: 233.6% of current shares
Recent Dilution: 1.81% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
31M
Potential Supply
73M
Additional shares possible
Splits
None
Past 2 years

Summary

BGL currently has 31.1M outstanding shares. with significant dilution risk as 72.7M authorized shares could dilute existing holders by 233.6%. The company has minimally diluted shareholders by 1.81% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 31, 2025

F-1 filing: This F-1 filing relates to the resale of up to 2,615,072 Class A ordinary shares by selling shareholders of Blue Gold Limited.

31M 73M
Oct 21, 2025

POS AM filing: This POS AM filing registers the issuance of ordinary shares upon warrant exercises, and the resale of ordinary shares held by selling shareholders.

31M 70M
Sep 26, 2025

F-1 filing: This F-1 filing details the resale of ordinary shares by a selling shareholder, including shares underlying convertible notes and warrants.

31M 85M
Sep 26, 2025

F-1 filing: This F-1 filing describes the resale of ordinary shares by a selling shareholder and the potential sale and issuance of VWAP Purchase Shares by the company for general corporate purposes.

31M 84M
Jul 18, 2025

F-1 filing: This F-1 filing from 2025-07-18 relates to the resale of ordinary shares by selling shareholders, with up to 14,824,514 ordinary shares being offered.

31M 15M
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