CEMTREX INC (CETX) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CETX currently has 1.02M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 3501.52% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 5 stock splits (positive for accessibility) and 5 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 05, 2026 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 10,237,983 → 1,023,798 |
1M | 0 |
| May 15, 2026 |
10-Q filing | 10.2M shares outstanding |
10M | 0 |
| Jan 09, 2026 |
8-K filing: Cemtrex, Inc. completed a registered direct offering, issuing 400,000 shares of common stock and prefunded warrants to purchase 1,069,507 shares for gross proceeds of $4,000,000. ($8.0M proceeds) |
6.9M | 0 |
| Dec 30, 2025 |
8-K filing: Cemtrex, Inc. closed a registered direct offering on December 23, 2025, issuing 340,000 shares of common stock and prefunded warrants to purchase 548,889 shares of common stock for gross proceeds of $2,000,000. ($2.0M proceeds) |
6.9M | 0 |
| Dec 29, 2025 |
10-K filing | 6.9M shares outstanding |
6.9M | 0 |
| Dec 23, 2025 |
8-K filing: Cemtrex, Inc. closed a registered direct offering on December 23, 2025, issuing 330,000 shares of common stock and prefunded warrants to purchase 470,000 shares for gross proceeds of $2,000,000. ($2.0M proceeds) |
6.2M | 0 |
| Dec 11, 2025 |
8-K filing: Cemtrex, Inc. closed a registered direct offering on December 11, 2025, issuing 310,000 shares of common stock and prefunded warrants to purchase 356,667 shares of common stock for gross proceeds of $2,000,000. ($2.0M proceeds) |
380K | 670K |
| Dec 11, 2025 |
8-K filing: The company issued 2,500,609 shares of its common stock to satisfy $6,084,000 of debt, and also issued 29,943 shares of common stock upon the exercise of Series A Warrants and 2,234,247 shares of common shares upon the exercise of Series B Warrants for $5.5 million proceeds. ($5.5M proceeds) |
6.2M | 0 |
| Sep 29, 2025 |
Stock Split
8-K filing: Stock split 1-for-15 | Outstanding: 5,678,183 → 378,545 |
380K | 670K |
| Aug 14, 2025 |
10-Q filing | 5.7M shares outstanding |
5.7M | 10M |
| Jun 03, 2025 |
8-K filing: Soluna Holdings, Inc. closed the offering of 187,500 option shares to the underwriter Aegis Capital Corp. on June 3, 2025, for gross proceeds of approximately $187,500. ($0.19M proceeds) |
1.8M | 14M |
| May 29, 2025 |
8-K filing: Cemtrex, Inc. completed a public offering of 1,250,000 shares of common stock at $1.00 per share, with an over-allotment option for an additional 187,500 shares, resulting in gross proceeds of approximately $1,250,000 before deducting expenses. ($1.25M proceeds) |
1.8M | 14M |
| May 15, 2025 |
10-Q filing | 1.8M shares outstanding |
1.8M | 14M |
| Feb 14, 2025 |
10-Q filing | 1.8M shares outstanding |
1.8M | 14M |
| Jan 10, 2025 |
S-3/A filing: Cemtrex, Inc. is filing an S-3/A form to register securities, including common stock, preferred stock, warrants, debt securities, and units, for an aggregate initial offering price not to exceed $50,000,000. |
1.7M | 14M |
| Dec 30, 2024 |
10-K filing | 1.7M shares outstanding |
1.7M | 0 |
| Dec 20, 2024 |
S-3 filing: Cemtrex, Inc. files an S-3 form to offer Common Stock, Preferred Stock, Warrants, Debt Securities, Units with an aggregate initial offering price not to exceed $50,000,000. |
730K | 0 |
| Nov 26, 2024 |
Stock Split
8-K filing: Stock split 1-for-35 | Outstanding: 25,586,668 → 731,011 |
730K | 0 |
| Nov 25, 2024 |
Stock Split
8-K filing: Stock split 1-for-35 | Outstanding: 25,586,668 → 1,338,608 |
1.3M | 0 |
| Oct 03, 2024 |
Stock Split
8-K filing: Stock split 1-for-60 | Outstanding: 17,437,456 → 25,586,668 |
26M | 0 |
| Aug 14, 2024 |
10-Q filing | 17.4M shares outstanding |
17M | 0 |
| May 14, 2024 |
10-Q filing | 10.7M shares outstanding |
11M | 5M |
| May 03, 2024 |
8-K filing: Cemtrex, Inc. closed a public offering of units, including common stock and pre-funded warrants, with Aegis Capital Corp. as the underwriter, resulting in gross proceeds of approximately $10,035,000. ($20.07M proceeds) |
1M | 15M |
| Apr 30, 2024 |
S-1/A filing: Cemtrex, Inc. is offering 5,056,179 units, each unit consisting of one share of common stock or one pre-funded warrant to purchase one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock at an assumed price of $1.78 per unit. |
1M | 15M |
| Apr 23, 2024 |
S-1/A filing: Cemtrex, Inc. is offering 2,884,616 units, each consisting of one share of common stock or one pre-funded warrant to purchase one share of common stock, one Series A warrant to purchase one share of common stock, and one Series B warrant to purchase one share of common stock at an assumed public offering price of $3.12 per Unit. |
1M | 8.1M |
| Feb 14, 2024 |
10-Q filing | 1.0M shares outstanding |
1M | 0 |
| Jan 17, 2024 |
S-1 filing: Cemtrex, Inc. is offering shares of common stock, Series A-1 warrants, Series A-2 warrants, and prefunded warrants. |
1.1M | 0 |
| Dec 28, 2023 |
10-K filing | 1.1M shares outstanding |
1.1M | 0 |
| Aug 23, 2023 |
8-K filing: Cemtrex, Inc. authorized a share repurchase program for up to 2,200,000 shares of its Series 1 Preferred Stock over a 3-year period, starting September 1, 2023, and ending August 31, 2026. |
1M | 0 |
| Aug 10, 2023 |
10-Q filing | 1.0M shares outstanding |
1M | 0 |
| May 11, 2023 |
10-Q filing | 0.8M shares outstanding |
820K | 0 |
| Feb 14, 2023 |
10-Q filing | 0.8M shares outstanding |
760K | 0 |
| Jan 23, 2023 |
Stock Split
8-K filing: Stock split 1-for-35 | Outstanding: 27,778,856 → 793,682 |
790K | 0 |
| Dec 28, 2022 |
10-K filing | 27.8M shares outstanding |
28M | 0 |
| Aug 15, 2022 |
10-Q filing | 25.8M shares outstanding |
26M | 0 |
| May 16, 2022 |
10-Q filing | 24.1M shares outstanding |
24M | 0 |
| Mar 29, 2022 |
RW filing: The Company has determined at this time not to proceed with the offering and requests that the Commission consent to this application for withdrawal of the Registration Statement. |
23M | 0 |
| Feb 18, 2022 |
10-Q filing | 23.1M shares outstanding |
23M | 0 |
| Feb 15, 2022 |
S-1 filing: The filing is for an offering of 250,000 shares of Series 1 Preferred Stock as in-kind dividend payments. |
24M | 0 |
| Jan 21, 2022 |
10-K filing | 23.7M shares outstanding |
24M | 0 |
| Aug 16, 2021 |
10-Q filing | 18.7M shares outstanding |
19M | 0 |
| Jun 23, 2021 |
10-Q filing | 18.2M shares outstanding |
18M | 320K |
| May 28, 2021 |
10-Q filing | 17.8M shares outstanding |
18M | 680K |
| Feb 26, 2021 |
8-K filing: The company entered into a Settlement and Mutual Release Agreement with Aron Govil, a former officer and director, involving disputed transfers of $7,100,000. As part of the settlement, Mr. Govil will transfer 1,000,000 shares of Series A Preferred Stock, 50,000 shares of Series C Preferred Stock, and 469,949 shares of Series 1 Preferred Stock back to the company, and forfeit all outstanding options to purchase shares of common stock. |
4M | 15M |
| Jan 05, 2021 |
10-K filing | 4.0M shares outstanding |
4M | 15M |
| Aug 14, 2020 |
10-Q filing | 4.0M shares outstanding |
4M | 15M |
| Jul 30, 2020 |
S-3/A filing: Cemtrex, Inc. is offering common stock with an aggregate offering price of up to $20,000,000 through an "at the market offering" via sales agent A.G.P., with net proceeds intended for working capital and general corporate purposes. |
9.8M | 8.7M |
| Jul 21, 2020 |
S-3 filing: Cemtrex may offer and sell shares of its common stock having an aggregate offering price of up to $20,000,000 from time to time through A.G.P. / Alliance Global Partners in an at the market offering. |
9.8M | 8.7M |
| Jun 12, 2020 |
8-K filing: Cemtrex Inc. completed a public offering of 2,402,923 shares of its common stock at a price of $2.24 per share, resulting in net proceeds of approximately $5 million after deducting offering fees and expenses. ($5.0M proceeds) |
9.8M | 0 |
| Jun 04, 2020 |
8-K filing: Cemtrex Inc. entered into securities purchase agreements for a public offering of 3,055,556 shares of common stock at $1.80 per share, resulting in net proceeds of approximately $5.1 million. ($0.0M proceeds) |
9.8M | 0 |
| May 14, 2020 |
10-Q filing | 9.8M shares outstanding |
9.8M | 0 |
| Apr 16, 2020 |
S-1 filing: The filing is for an offering of 1,783,317 shares of Series 1 Preferred Stock as in-kind dividend payments. Holders of Series 1 Preferred Stock are entitled to receive cumulative cash dividends at the rate of 10% of the purchase price per year, payable semiannually. |
6.5M | 0 |
| Feb 26, 2020 |
8-K filing: Cemtrex Inc. entered into a Subscription Agreement relating to the public offering of 347,000 shares of the Company's common stock at a price of $1.30 per share, resulting in net proceeds of approximately $446,100. ($0.45M proceeds) |
6.5M | 0 |
| Feb 19, 2020 |
10-Q filing | 6.5M shares outstanding |
6.5M | 0 |
| Jan 24, 2020 |
8-K filing: Cemtrex Inc. completed a public offering of 500,000 shares of its common stock at $1.50 per share, receiving net proceeds of approximately $705,000 after expenses and commissions. ($0.75M proceeds) |
4.5M | 0 |
| Jan 15, 2020 |
8-K filing: Cemtrex, Inc. authorized a share repurchase program for up to 2,000,000 shares each of common stock and series 1 preferred stock, over three years, starting January 15, 2020. |
4.5M | 0 |
| Jan 14, 2020 |
10-K filing | 4.5M shares outstanding |
4.5M | 0 |