CASI Pharmaceuticals, Inc. (CASI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 82.56% of current shares
Recent Dilution: 36.57% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
19M
Potential Supply
15M
Additional shares possible
Splits
None
Past 2 years

Summary

CASI currently has 18.5M outstanding shares. with significant dilution risk as 15.3M authorized shares could dilute existing holders by 82.6%. The company has significantly diluted shareholders by 36.57% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

20-F filing | 18.5M shares outstanding

19M 15M
Mar 31, 2025

20-F filing | 15.3M shares outstanding

15M 19M
Dec 20, 2024

F-3 filing: This is an F-3 filing for a shelf offering of up to $200 million in various securities, including ordinary shares, preferred shares, and subscription rights, with the possibility of future offerings of ordinary shares up to $50 million.

15M 18M
Aug 16, 2024

F-3 filing: This is an F-3 filing for CASI Pharmaceuticals, Inc. regarding the offering of 3,000,000 ordinary shares, including shares issuable upon exercise of warrants, by selling shareholders.

13M 3M
May 03, 2024

F-3 filing: The company may offer and sell from time to time, in one or more offerings, up to an aggregate of $50.0 million of any combination of ordinary shares, debt securities, preferred shares, and subscription rights.

13M 0
Mar 28, 2024

20-F filing | 13.4M shares outstanding

13M 0
Apr 26, 2023

20-F filing | 13.6M shares outstanding

14M 0
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