Baiya International Group Inc. (BIYA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: July 23, 2026

Risk Assessment Details

Potential Dilution: 5406.44% of current shares
Recent Dilution: 134.5% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
2.8M
Potential Supply
150M
Additional shares possible
Splits
None
Past 2 years

Summary

BIYA currently has 2.78M outstanding shares. with significant dilution risk as 150M authorized shares could dilute existing holders by 5406.4%. The company has significantly diluted shareholders by 134.5% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jul 23, 2026

F-3 filing: The company filed a shelf registration statement to offer up to $200,000,000 in aggregate of Class A ordinary shares, preferred shares, debt securities, warrants, subscription rights, and units, alongside a secondary offering of 50,000,000 Class A ordinary shares by selling shareholders.

2.8M 150M
Apr 30, 2026

20-F filing | 1.2M shares outstanding

1.2M 33M
Mar 20, 2026

F-1 filing: This F-1 filing from Baiya International Group Inc. outlines an offering of up to 30,000,000 Ordinary Shares by Selling Shareholders, with the company potentially receiving up to $35.55 million from sales to these shareholders, and discloses that 1,605,251 Ordinary Shares are outstanding prior to the offering.

1.6M 33M
May 13, 2025

20-F filing | 10.0M shares outstanding

10M 3.5M
Oct 31, 2023

F-1 filing: This F-1 filing indicates an offering with a price range of $4.00 to $6.00 and includes an over-allotment option for underwriters to purchase up to 450,000 ordinary shares.

10M 3.5M
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