BioLineRx Ltd. (BLRX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 23, 2026

Risk Assessment Details

Potential Dilution: 31.3% of current shares
Recent Dilution: 16.94% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
2.6B
Potential Supply
820M
Additional shares possible
Splits
None
Past 2 years

Summary

BLRX currently has 2.61B outstanding shares. with moderate dilution risk from 817M authorized shares representing 31.3% potential dilution. The company has diluted shareholders by 16.94% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 23, 2026

20-F filing | 2610.8M shares outstanding

2.6B 820M
Mar 31, 2025

20-F filing | 2232.6M shares outstanding

2.2B 1.2B
Mar 26, 2024

20-F filing | 1086.6M shares outstanding

1.1B 2.3B
Dec 29, 2023

F-3 filing: BioLineRx Ltd. may offer, issue, and sell from time to time up to $250,000,000 of our ordinary shares, including in the form of American Depositary Shares, or ADSs, warrants to purchase ordinary shares, including in the form of ADSs, debt securities, subscription rights and a combination of such securities, separately or as units, in one or more offerings.

970M 2.5B
Mar 22, 2023

20-F filing | 923.0M shares outstanding

920M 150M
Mar 16, 2022

20-F filing | 715.2M shares outstanding

720M 350M
Feb 23, 2021

20-F filing | 349.2M shares outstanding

350M 720M
Feb 23, 2021

POS AM filing: This POS AM filing relates to the offering of up to 41,949,555 ordinary shares represented by 2,796,637 ADSs issuable upon the exercise of warrants originally issued in the May 2020 and June 2020 Private Placements.

350M 720M
Dec 31, 2020

F-3 filing: BioLineRx Ltd. is filing an F-3 to offer up to $150,000,000 of ordinary shares, American Depositary Shares, warrants, debt securities, subscription rights and units.

300M 770M
Aug 07, 2020

POS AM filing: This is a POS AM filing for BioLineRx Ltd. registering for resale 120,537,030 ordinary shares represented by 8,035,802 ADSs issuable upon the exercise of warrants held by the selling shareholders.

300M 0
Jun 26, 2020

F-1 filing: This F-1 filing registers for resale 120,537,030 ordinary shares represented by 8,035,802 ADSs issuable upon the exercise of warrants held by the selling shareholders.

300M 0
Mar 12, 2020

20-F filing | 171.3M shares outstanding

170M 0
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