Brainsway Ltd. (BWAY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BWAY currently has 39.2M outstanding shares. with significant dilution risk as 22.2M authorized shares could dilute existing holders by 56.6%. The company has significantly diluted shareholders by 31.01% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 20, 2026 |
20-F filing | 39.2M shares outstanding |
39M | 22M |
| Apr 22, 2025 |
F-3 filing: This F-3 filing relates to the offer and sale from time to time by the selling shareholder of up to 3,603,745 American Depositary Shares representing 7,207,490 Ordinary Shares, including ADSs issued pursuant to a securities purchase agreement and ADSs issuable upon the exercise of a warrant. |
33M | 28M |
| Apr 22, 2025 |
20-F filing | 37.6M shares outstanding |
38M | 24M |
| Jul 22, 2024 |
F-3 filing: Brainsway Ltd. may offer to the public from time to time up to $100,000,000 of American Depositary Shares, ordinary shares, warrants, subscription rights or units in one or more series. |
33M | 14M |
| Mar 28, 2024 |
20-F filing | 33.2M shares outstanding |
33M | 14M |
| Mar 27, 2023 |
20-F filing | 33.1M shares outstanding |
33M | 14M |
| Apr 12, 2022 |
20-F filing | 32.9M shares outstanding |
33M | 14M |
| Sep 17, 2021 |
F-3 filing: Registration of American Depositary Shares, ordinary shares, warrants, subscription rights and/or units for a total proposed amount of $100,000,000. |
22M | 25M |
| Apr 19, 2021 |
20-F filing | 22.3M shares outstanding |
22M | 0 |
| Sep 04, 2020 |
F-3 filing: Brainsway Ltd. may offer to the public from time to time American Depositary Shares, ordinary shares, warrants, subscription rights and/or units consisting of two or more of these classes or series of securities up to $75,000,000. |
22M | 0 |
| Mar 23, 2020 |
20-F filing | 22.2M shares outstanding |
22M | 0 |