Black Hawk Acquisition Corp (BKHA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BKHA currently has 2.12M outstanding shares. with significant dilution risk as 6M authorized shares could dilute existing holders by 282.5%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jul 14, 2025 |
8-K filing: Holders of 4,775,923 ordinary shares exercised their right to redeem such shares for approximately $10.68 per share, resulting in the removal of approximately $51,010,745.30 from the Trust Account, leaving 2,124,077 public ordinary shares outstanding. ($51.01M proceeds) |
2.1M | 6M |
| Jun 26, 2025 |
10-Q filing | 8.9M shares outstanding |
8.9M | 6M |
| Apr 10, 2025 |
10-Q filing | 8.9M shares outstanding |
8.9M | 6M |
| Feb 07, 2025 |
10-K filing | 8.9M shares outstanding |
8.9M | 6M |
| Sep 23, 2024 |
10-Q filing | 8.9M shares outstanding |
8.9M | 6M |
| Jun 28, 2024 |
10-Q filing | 8.9M shares outstanding |
8.9M | 6M |
| Apr 19, 2024 |
10-Q filing | 8.9M shares outstanding |
8.9M | 6M |
| Mar 26, 2024 |
8-K filing: Black Hawk Acquisition Corporation consummated its initial public offering of 6,900,000 units at $10.00 per unit, generating gross proceeds of $69,000,000, and simultaneously consummated a private placement of 235,500 units to the Sponsor at $10.00 per unit, generating gross proceeds of $2,355,000. ($71.36M proceeds) |
1.7M | 6M |
| Feb 26, 2024 |
S-1/A filing: Initial public offering of 6,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-fifth of one right to receive one Class A ordinary share. |
1.7M | 6M |
| Feb 05, 2024 |
S-1 filing: Black Hawk Acquisition Corporation is offering 6,000,000 units in an initial public offering, each unit consisting of one Class A ordinary share and one-fifth of one right to receive one Class A ordinary share. The Sponsor has committed to purchase additional units in a private placement. |
1.7M | 6.2M |