Cineverse Corp. (CNVS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: August 14, 2025

Risk Assessment Details

Potential Dilution: 81.51% of current shares
Recent Dilution: 21.01% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
19M
Potential Supply
16M
Additional shares possible
Splits
None
Past 2 years

Summary

CNVS currently has 19.1M outstanding shares. with significant dilution risk as 15.5M authorized shares could dilute existing holders by 81.5%. The company has diluted shareholders by 21.01% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Aug 14, 2025

10-Q filing | 19.1M shares outstanding

19M 16M
Jun 30, 2025

10-K filing | 17.8M shares outstanding

18M 17M
Mar 06, 2025

8-K filing: Cineverse Corp. renewed its stock repurchase program to purchase up to 500,000 shares of its outstanding Class A common stock, expiring on March 31, 2026.

16M 19M
Feb 14, 2025

10-Q filing | 15.9M shares outstanding

16M 19M
Nov 22, 2024

8-K filing: Cineverse Corp. is registering the issuance of shares of Common Stock issuable upon exercise of Common Warrants due to the current trading price exceeding the warrant exercise price, with the warrant exercise price subject to adjustments including stock splits.

16M 19M
Nov 14, 2024

10-Q filing | 15.7M shares outstanding

16M 19M
Aug 14, 2024

10-Q filing | 15.7M shares outstanding

16M 19M
Jul 01, 2024

10-K filing | 15.6M shares outstanding

16M 19M
Mar 04, 2024

8-K filing: The Board approved the renewal of the stock repurchase program to purchase up to 500,000 shares of its outstanding Class A common stock.

13M 22M
Feb 14, 2024

10-Q filing | 12.8M shares outstanding

13M 22M
Nov 14, 2023

10-Q filing | 12.4M shares outstanding

12M 22M
Aug 14, 2023

10-Q filing | 12.3M shares outstanding

12M 22M
Jun 30, 2023

S-3 filing: Cineverse Corp. may offer up to $75,000,000 aggregate maximum offering price of: (i) shares of Class A common stock; (ii) shares of preferred stock; (iii) warrants to purchase Common Stock or Preferred Stock; (iv) debt securities; and (v) any combination of Common Stock, Preferred Stock, Warrants and Debt Securities.

12M 23M
Jun 29, 2023

10-K filing | 11.7M shares outstanding

12M 0
Jun 21, 2023

8-K filing: Cineverse Corp. consummated a public offering of 2,150,000 shares of Class A common stock, pre-funded warrants to purchase up to 516,667 shares of Common Stock, and common warrants to purchase up to 2,666,667 shares of Common Stock, for aggregate gross proceeds of approximately $8.0 million. ($24.0M proceeds)

8.9M 0
Jun 15, 2023

8-K filing: Cineverse Corp. agreed to sell 2,150,000 shares of Class A common stock, pre-funded warrants to purchase up to 516,667 shares of Common Stock, and common warrants to purchase up to 2,666,667 shares of Common Stock at $3.00 per share and related Common Warrant, for aggregate gross proceeds of approximately $8.0 million. ($8.0M proceeds)

8.9M 0
Jun 09, 2023
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 178,899,605 → 8,944,980

8.9M 0
Mar 03, 2023

8-K filing: Cinedigm Corp. approved a stock repurchase program to purchase up to 10,000,000 shares of its Class A common stock and amended its bylaws.

180M 0
Feb 14, 2023

10-Q filing | 178.9M shares outstanding

180M 0
Nov 14, 2022

10-Q filing | 176.9M shares outstanding

180M 0
Aug 16, 2022

10-Q filing | 175.4M shares outstanding

180M 0
Jul 01, 2022

10-K filing | 173.8M shares outstanding

170M 0
Mar 17, 2022

8-K filing: The Company purchased Roundtable Securities by issuing 316,937 shares of Common Stock at $1.5776 per share for a total purchase price of $500,000. ($0.5M proceeds)

170M 0
Feb 14, 2022

10-Q filing | 173.2M shares outstanding

170M 0
Nov 15, 2021

10-Q filing | 168.3M shares outstanding

170M 0
Oct 13, 2021

S-1 filing: Cinedigm Corp. has the right to sell to B. Riley Principal Capital up to $50 million of shares of its Common Stock, subject to certain limitations and conditions set forth in the Purchase Agreement.

170M 0
Oct 12, 2021

8-K filing: Cinedigm Corp. entered into a Common Stock Purchase Agreement with B. Riley Principal Capital, LLC, and issued 210,084 shares of its Common Stock to B. Riley Principal Capital as consideration for their commitment to purchase shares.

170M 0
Sep 09, 2021

10-Q filing | 167.9M shares outstanding

170M 0
Jul 30, 2021

10-K filing | 167.8M shares outstanding

170M 0
Feb 22, 2021

10-Q filing | 166.0M shares outstanding

170M 0
Feb 03, 2021

8-K filing: Cinedigm Corp. entered into a securities purchase agreement for the purchase and sale of 5,600,000 shares of Class A common stock at $1.25 per share in a registered direct offering, with gross proceeds of approximately $7.0 million. ($7.0M proceeds)

130M 0
Jan 26, 2021

8-K filing: Cinedigm Corp. issued 1,247,626 shares of its Class A common stock in exchange for $1,289,650.37 of principal amount of Second Lien Notes, which were immediately cancelled. ($1.29M proceeds)

130M 0
Dec 07, 2020

8-K filing: Cinedigm Corp. issued 2,776,282 shares of its Class A common stock in exchange for $1,386,106.91 of principal amount of Second Lien Notes, which were immediately cancelled. ($1.39M proceeds)

130M 0
Nov 16, 2020

10-Q filing | 129.8M shares outstanding

130M 0
Sep 14, 2020

8-K filing: Holders of convertible subordinated promissory notes converted the Notes in full into an aggregate of 10,000,000 shares of Common Stock at a conversion price of $1.50 per share.

110M 0
Aug 14, 2020

10-Q filing | 111.9M shares outstanding

110M 0
Aug 04, 2020

POS AM filing: Cinedigm Corp. is filing this post-effective amendment to deregister securities registered for issuance on Registration Statement on Form S-3, No. 333-238183.

40M 0
Jul 16, 2020

8-K filing: Cinedigm Corp. entered into a securities purchase agreement with certain investors for the purchase and sale of 7,213,334 shares of the Company's Class A common stock at a purchase price of $1.50 per share in a registered direct offering. ($10.8M proceeds)

40M 17M
Jul 06, 2020

10-K filing | 103.3M shares outstanding

100M 0
Jul 06, 2020

S-3 filing: Cinedigm Corp. is filing a shelf registration statement on Form S-3 to offer shares of Class A common stock, shares of preferred stock, warrants to purchase preferred stock or Class A common stock, or any combination of preferred stock, Class A common stock, or warrants, at an aggregate offering price not to exceed $75,000,000.

40M 17M
Jun 26, 2020

8-K filing: Cinedigm Corp. issued 329,501 shares of its Class A common stock in exchange for $842,051.49 of principal amount and accrued and unpaid interest of notes, which were immediately cancelled, consummated on June 24, 2020. ($0.84M proceeds)

40M 17M
May 21, 2020

8-K filing: Cinedigm Corp. entered into a securities purchase agreement with certain investors for the purchase and sale of 10,666,666 shares of its Class A common stock at $0.75 per share in a registered direct offering, with gross proceeds of $8.0 million and net proceeds of approximately $7.4 million. ($8.0M proceeds)

40M 17M
May 12, 2020

S-3 filing: Cinedigm Corp. is filing a shelf registration statement on Form S-3 to register the sale of up to $10,000,000 aggregate maximum offering price of Class A common stock, preferred stock and warrants.

40M 17M
Apr 16, 2020

8-K filing: Cinedigm Corp. consummated the April Share Acquisition on April 15, 2020, issuing 29,855,081 shares of its Class A common stock to five shareholders of Starrise in exchange for 223,380,000 outstanding Starrise ordinary shares.

40M 0
Feb 14, 2020

10-Q filing | 40.3M shares outstanding

40M 0
Jan 02, 2020

8-K filing: Cinedigm Corp. entered into a stock purchase agreement with two shareholders of Starrise Media Holdings Limited to buy 410,901,000 Starrise ordinary shares, issuing 54,850,103 shares of its Class A Common Stock as consideration.

N/A 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime