Cellectar Biosciences, Inc. (CLRB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 29, 2026

Risk Assessment Details

Potential Dilution: 4142.19% of current shares
Recent Dilution: 359.27% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
5.9M
Potential Supply
240M
Additional shares possible
Splits
None
Past 2 years

Summary

CLRB currently has 5.86M outstanding shares. with significant dilution risk as 243M authorized shares could dilute existing holders by 4142.2%. The company has significantly diluted shareholders by 359.27% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 29, 2026

S-1/A filing: The filing is a registration statement for the resale of up to 51,998,413 shares of common stock by selling stockholders, including shares issuable upon the exercise of various warrants.

5.9M 240M
May 19, 2026

S-1 filing: This filing relates to the resale of up to 51,206,051 shares of common stock by selling stockholders, including shares issued in a private placement and shares issuable upon the exercise of various warrants.

5.9M 190M
May 14, 2026

10-Q filing | 4.2M shares outstanding

4.2M 190M
May 08, 2026

8-K filing: Cellectar Biosciences, Inc. entered into a securities purchase agreement to issue and sell shares of common stock and warrants in a registered direct offering and concurrent private placement, with gross proceeds expected to be approximately $35 million. ($35.0M proceeds)

8M 190M
Nov 13, 2025

10-Q filing | 3.2M shares outstanding

3.2M 190M
Oct 20, 2025

S-1 filing: This S-1 filing relates to the resale of up to 2,096,188 shares of common stock by selling stockholders, issuable upon exercise of common stock purchase warrants.

4.2M 190M
Aug 14, 2025

10-Q filing | 1.8M shares outstanding

1.8M 190M
Jun 30, 2025

S-1/A filing: This is an S-1/A filing for an offering of up to 1,556,674 shares of common stock issuable upon exercise of warrants, Class A Units (one share of common stock and one common warrant) and Class B Units (one pre-funded warrant and one common warrant).

1.8M 190M
Jun 26, 2025

S-1 filing: The company is offering Class A Units, Class B Units, shares of common stock, Pre-Funded Warrants, Common Warrants and shares of common stock underlying the Pre-Funded Warrants and Common Warrants.

1.8M 190M
Jun 05, 2025

8-K filing: Cellectar Biosciences, Inc. entered into warrant exercise inducement offer letters for the immediate exercise of outstanding warrants to purchase 8,301,322 shares of common stock at a reduced exercise price of $0.3041 per share. ($2.53M proceeds)

46M 150M
May 13, 2025

10-Q filing | 46.1M shares outstanding

46M 150M
Mar 13, 2025

10-K filing | 46.1M shares outstanding

46M 150M
Jan 29, 2025

S-1 filing: The filing is an S-1 form regarding the resale of up to 19,221,348 shares of common stock by selling stockholders, issuable upon exercise of common stock purchase warrants.

40M 150M
Nov 18, 2024

10-Q filing | 39.8M shares outstanding

40M 130M
Oct 29, 2024

10-Q filing | 35.8M shares outstanding

36M 140M
Jul 22, 2024

8-K filing: Cellectar Biosciences, Inc. entered into warrant exercise inducement offer letters with certain holders of its Tranche B warrants, who agreed to exercise their Existing Warrants to purchase shares of Series E-4 Convertible Voting Preferred Stock which is convertible to 6,739,918 shares of the Company's common stock at a reduced price of $2.52 per share, in exchange for new warrants; the company received $19.4 million in gross proceeds. ($19.4M proceeds)

33M 140M
May 24, 2024

S-3 filing: Cellectar Biosciences, Inc. may offer and sell, from time to time, shares of common stock; shares of preferred stock; debt securities; warrants; rights to purchase common stock, preferred stock, debt securities or units; as well as units that include any of these securities up to $300,000,000.

33M 140M
May 14, 2024

10-Q filing | 33.2M shares outstanding

33M 140M
Mar 27, 2024

10-K filing | 9.4M shares outstanding

9.4M 160M
Nov 13, 2023

10-Q filing | 9.9M shares outstanding

9.9M 160M
Oct 25, 2023

S-3/A filing: Registration of 34,487,159 shares of common stock issuable upon conversion of preferred stock and warrants.

9.7M 160M
Oct 05, 2023

S-3 filing: This prospectus relates to the resale of up to 34,487,159 shares of common stock by the selling stockholders.

9.7M 160M
Sep 08, 2023

8-K filing: Cellectar Biosciences, Inc. completed a private placement offering of 1,225 shares of Series E-1 Convertible Voting Preferred Stock, Tranche A Warrants to acquire 2,205 shares of Series E-3 Convertible Voting Preferred Stock, and Tranche B Warrants to acquire 1,715 shares of Series E-4 Convertible Voting Preferred Stock for an aggregate offering price of $24.5 million. ($24.5M proceeds)

9.7M 130M
Aug 14, 2023

10-Q filing | 9.7M shares outstanding

9.7M 130M
May 04, 2023

10-Q filing | 9.7M shares outstanding

9.7M 130M
Mar 09, 2023

10-K filing | 9.7M shares outstanding

9.7M 130M
Nov 23, 2022

S-1 filing: This S-1 filing relates to the resale of up to 7,027,043 shares of common stock issuable upon the exercise of outstanding warrants.

6.1M 130M
Nov 03, 2022

10-Q filing | 6.1M shares outstanding

6.1M 130M
Aug 05, 2022

10-Q filing | 6.1M shares outstanding

6.1M 130M
May 10, 2022

10-Q filing | 61.1M shares outstanding

61M 71M
Mar 21, 2022

10-K filing | 45.4M shares outstanding

45M 87M
Nov 08, 2021

10-Q filing | 59.9M shares outstanding

60M 72M
Aug 09, 2021

10-Q filing | 55.3M shares outstanding

55M 77M
May 10, 2021

10-Q filing | 52.7M shares outstanding

53M 79M
Mar 02, 2021

10-K filing | 50.5M shares outstanding

51M 82M
Jan 21, 2021

S-3 filing: This is an S-3 filing for the resale of common stock issuable upon conversion of Series D Preferred Stock and also covers the sale of common stock to underwriters.

27M 110M
Dec 28, 2020

8-K filing: Cellectar Biosciences, Inc. executed an underwriting agreement to sell 18,148,136 shares of common stock at $1.35 per share and a securities purchase agreement to sell 1,518.5180 shares of Series D convertible preferred stock at $13,500 per share.

27M 72M
Nov 09, 2020

10-Q filing | 26.8M shares outstanding

27M 72M
Aug 11, 2020

S-3 filing: Cellectar Biosciences, Inc. may offer to sell common stock, preferred stock, and subscription rights, with an aggregate initial offering price not to exceed $100,000,000.

27M 72M
Aug 10, 2020

10-Q filing | 26.6M shares outstanding

27M 630K
Jun 05, 2020

8-K filing: Cellectar Biosciences, Inc. sold 14,601,628 shares of common stock, 2,789,700 pre-funded warrants, and 8,694,664 Series H warrants in a public offering, with net proceeds of approximately $18.2 million.

9.4M 18M
May 20, 2020

S-1/A filing: This is an S-1/A filing for offering 11,904,762 shares of common stock, pre-funded warrants, and warrants to purchase 5,952,381 shares of common stock.

9.4M 18M
May 08, 2020

S-1 filing: This S-1 filing describes an offering of common stock, pre-funded warrants to purchase common stock, and warrants to purchase common stock, along with associated Series H Warrants, with Oppenheimer & Co. acting as the sole book-running manager.

9.4M 0
May 07, 2020

10-Q filing | 9.4M shares outstanding

9.4M 0
Mar 09, 2020

10-K filing | 9.4M shares outstanding

9.4M 0
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