Cabaletta Bio, Inc. (CABA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 155.51% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
160M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

CABA currently has 163M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 155.51% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 163.1M shares outstanding

160M 0
Mar 23, 2026

10-K filing | 111.3M shares outstanding

110M 50M
Nov 10, 2025

10-Q filing | 96.3M shares outstanding

96M 65M
Aug 07, 2025

S-3 filing: The filing relates to a shelf offering of common stock, preferred stock, debt securities, warrants and/or units with an aggregate principal amount of up to $240,000,000. The company intends to use the net proceeds from the offering to fund research and clinical development of current or additional pipeline candidates, working capital, capital expenditures, and general corporate purposes.

91M 70M
Aug 07, 2025

10-Q filing | 91.5M shares outstanding

91M 0
May 15, 2025

10-Q filing | 49.3M shares outstanding

49M 12M
Mar 31, 2025

POS AM filing: The filing is a POS AM (Post-Effective Amendment) related to a shelf offering of up to $400,000,000 in aggregate principal amount of common stock, preferred stock, debt securities, warrants and/or units, with common stock being offered at the market through TD Securities (USA) LLC.

51M 10M
Mar 31, 2025

10-K filing | 49.5M shares outstanding

50M 12M
Nov 14, 2024

10-Q filing | 49.5M shares outstanding

49M 12M
Aug 08, 2024

10-Q filing | 49.4M shares outstanding

49M 12M
May 15, 2024

10-Q filing | 49.3M shares outstanding

49M 12M
Mar 21, 2024

10-K filing | 48.2M shares outstanding

48M 13M
Nov 09, 2023

10-Q filing | 44.0M shares outstanding

44M 17M
Aug 10, 2023

10-Q filing | 39.2M shares outstanding

39M 22M
May 11, 2023

10-Q filing | 31.4M shares outstanding

31M 30M
Mar 16, 2023

10-K filing | 29.3M shares outstanding

29M 32M
Mar 16, 2023

S-3 filing: The filing is for a potential offering of up to $350,000,000 in aggregate principal amount of common stock, preferred stock, debt securities, warrants and/or units, and also covers an at-the-market offering of common stock with an aggregate offering price of up to $100,000,000.

29M 32M
Nov 10, 2022

10-Q filing | 29.0M shares outstanding

29M 18M
Aug 11, 2022

10-Q filing | 29.0M shares outstanding

29M 18M
May 12, 2022

10-Q filing | 29.0M shares outstanding

29M 19M
Mar 17, 2022

10-K filing | 29.0M shares outstanding

29M 18M
Nov 01, 2021

10-Q filing | 25.8M shares outstanding

26M 22M
Aug 05, 2021

10-Q filing | 24.7M shares outstanding

25M 23M
May 03, 2021

10-Q filing | 23.8M shares outstanding

24M 24M
Mar 16, 2021

10-K filing | 23.1M shares outstanding

23M 24M
Nov 10, 2020

S-3 filing: The company may issue up to $250,000,000 in aggregate principal amount of common stock, preferred stock, debt securities, warrants and/or units from time to time. It also has an active atm offering for common stock up to $75,000,000.

24M 23M
Nov 10, 2020

10-Q filing | 23.3M shares outstanding

23M 24M
Aug 06, 2020

10-Q filing | 23.0M shares outstanding

23M 0
May 12, 2020

10-Q filing | 22.8M shares outstanding

23M 0
Mar 30, 2020

10-K filing | 24.0M shares outstanding

24M 0
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