COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CMTL currently has 29.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 4.96% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 23, 2026 |
S-3 filing: This is an S-3 filing for Comtech Telecommunications Corp. registering common stock, preferred stock, debt securities, warrants, purchase contracts and units with a proposed maximum aggregate offering price of $125,000,000. |
30M | 0 |
| Mar 16, 2026 |
10-Q filing | 29.8M shares outstanding |
30M | 0 |
| Dec 11, 2025 |
10-Q filing | 29.6M shares outstanding |
30M | 0 |
| Nov 10, 2025 |
10-K filing | 29.4M shares outstanding |
29M | 0 |
| Jun 09, 2025 |
10-Q filing | 29.4M shares outstanding |
29M | 0 |
| Mar 12, 2025 |
10-Q filing | 29.3M shares outstanding |
29M | 0 |
| Mar 04, 2025 |
8-K filing: Comtech Telecommunications Corp. amended its credit agreements and exchanged Series B-2 Convertible Preferred Stock for Series B-3 Convertible Preferred Stock, issuing 178,180.34 shares of the latter to investors. |
29M | 0 |
| Jan 13, 2025 |
10-Q filing | 29.4M shares outstanding |
29M | 0 |
| Oct 30, 2024 |
10-K filing | 28.8M shares outstanding |
29M | 0 |
| Oct 18, 2024 |
8-K filing: Comtech Telecommunications Corp. entered into a series of agreements including an amendment to its credit agreement, a subordinated credit agreement, and a subscription and exchange agreement to change the terms of its convertible preferred stock, involving the exchange of Series B-1 for Series B-2 Convertible Preferred Stock and the issuance of additional Series B-2 shares. |
28M | 0 |
| Jul 16, 2024 |
S-1 filing: This S-1 filing describes an offering of common stock issuable upon exercise of warrants. |
28M | 0 |
| Jun 18, 2024 |
8-K filing: Comtech Telecommunications Corp. entered into a Credit Agreement for a $162.0 million term loan and a $60.0 million asset-based revolving credit facility, issued 1,435,884 warrants to lenders, and exchanged Series B Convertible Preferred Stock for Series B-1 Convertible Preferred Stock. |
29M | 0 |
| Jun 18, 2024 |
10-Q filing | 28.9M shares outstanding |
29M | 0 |
| Jan 23, 2024 |
8-K filing: Comtech Telecommunications Corp. entered into a Subscription and Exchange Agreement for the issuance and sale of Series B Convertible Preferred Stock, the exchange of Series A-1 Convertible Preferred Stock for Series B Convertible Preferred Stock, and the issuance of Series B Convertible Preferred Stock in lieu of cash for expense reimbursements. ($45.0M proceeds) |
29M | 0 |
| Dec 14, 2023 |
8-K filing: Comtech Telecommunications Corp. and certain affiliates and related funds of Magnetar Capital LLC and White Hat Capital Partners LP agreed to change the terms of the Company's Series A Convertible Preferred Stock by exchanging 100,000 shares of Series A Convertible Preferred Stock for 100,000 shares of Series A-1 Convertible Preferred Stock. |
29M | 0 |
| Dec 07, 2023 |
10-Q filing | 28.7M shares outstanding |
29M | 0 |
| Oct 12, 2023 |
10-K filing | 28.0M shares outstanding |
28M | 0 |
| Jun 08, 2023 |
10-Q filing | 28.1M shares outstanding |
28M | 0 |
| Mar 09, 2023 |
10-Q filing | 28.0M shares outstanding |
28M | 0 |
| Dec 08, 2022 |
10-Q filing | 27.8M shares outstanding |
28M | 0 |
| Sep 29, 2022 |
10-K filing | 26.5M shares outstanding |
27M | 0 |
| Jul 13, 2022 |
S-3 filing: This is an S-3 filing for a shelf offering of common stock by a selling stockholder. The shares may be sold in one or more transactions at fixed prices, prevailing market prices, prices related to such prevailing market prices, varying prices determined at the time of sale, or negotiated prices. |
27M | 0 |
| Jul 13, 2022 |
S-3 filing: This S-3 filing registers an indeterminate amount of common stock, preferred stock, debt securities, warrants, purchase contracts and units with an aggregate offering price not to exceed $200,000,000, which may be offered from time to time in unspecified numbers and at indeterminate prices. |
27M | 0 |
| Jun 09, 2022 |
10-Q filing | 26.5M shares outstanding |
27M | 0 |
| Mar 10, 2022 |
10-Q filing | 26.5M shares outstanding |
26M | 0 |
| Dec 09, 2021 |
10-Q filing | 26.4M shares outstanding |
26M | 0 |
| Nov 12, 2021 |
8-K filing: Comtech Telecommunications Corp. entered into Amended and Restated Voting Agreements with Investors, superseding prior Voting Agreements, and filed a Certificate of Correction to remove inoperative text regarding voting of the Series A Convertible Preferred Stock. |
26M | 600K |
| Oct 04, 2021 |
10-K filing | 25.7M shares outstanding |
26M | 600K |
| Jun 08, 2021 |
10-Q filing | 25.9M shares outstanding |
26M | 370K |
| Mar 12, 2021 |
S-3/A filing: This prospectus relates to shares of Common Stock of Comtech Telecommunications Corp. that may be sold by the Selling Stockholder identified in this prospectus from time to time. |
25M | 860K |
| Mar 11, 2021 |
10-Q filing | 25.4M shares outstanding |
25M | 860K |
| Mar 03, 2021 |
8-K filing: Comtech Telecommunications Corp. completed the acquisition of UHP Networks Inc. on March 2, 2021, issuing 1,026,567 shares of Comtech's common stock at closing to satisfy initial payment and escrow arrangements under the terms of the Stock Purchase Agreement. ($24.0M proceeds) |
25M | 980K |
| Mar 03, 2021 |
S-3 filing: This is an S-3 filing for shares of Common Stock of Comtech Telecommunications Corp. that may be sold by the Selling Stockholder. |
25M | 980K |
| Dec 09, 2020 |
10-Q filing | 25.3M shares outstanding |
25M | 0 |
| Oct 15, 2020 |
RW filing: Comtech Telecommunications Corp. filed an RW filing on 2020-10-15 regarding a proposed offering of common stock in connection with a merger with Gilat Satellite Networks Ltd., which was terminated on October 5, 2020, leading to the withdrawal of the offering. |
25M | 0 |
| Sep 29, 2020 |
10-K filing | 24.9M shares outstanding |
25M | 0 |