Cocrystal Pharma, Inc. (COCP) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
COCP currently has 13.8M outstanding shares. with significant dilution risk as 62.7M authorized shares could dilute existing holders by 454.6%. The company has significantly diluted shareholders by 35.5% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 13.8M shares outstanding |
14M | 63M |
| Apr 23, 2026 |
S-3 filing: This S-3 filing by Cocrystal Pharma, Inc. details a shelf registration for the issuance and sale of common stock, preferred stock, warrants, and units, with a total offering price of $150,000,000. |
14M | 63M |
| Mar 31, 2026 |
10-K filing | 13.8M shares outstanding |
14M | 63M |
| Nov 14, 2025 |
10-Q filing | 13.8M shares outstanding |
14M | 63M |
| Oct 30, 2025 |
8-K filing: Cocrystal Pharma, Inc. sold 739,426 units, each consisting of one share of common stock and one warrant, to four accredited investors at $1.39 per unit, resulting in gross proceeds of $1.03 million. ($1.03M proceeds) |
10M | 66M |
| Sep 19, 2025 |
S-1 filing: This prospectus relates to the resale of up to 5,736,773 shares of our common stock issuable upon exercise of outstanding warrants. |
10M | 66M |
| Sep 15, 2025 |
8-K filing: Cocrystal Pharma, Inc. closed a registered direct offering and concurrent private placement on September 15, 2025, issuing 2,764,710 shares of common stock at $1.70 per share, raising gross proceeds of approximately $4.75 million. ($4.75M proceeds) |
10M | 61M |
| Aug 14, 2025 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| May 15, 2025 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| Mar 31, 2025 |
10-K filing | 10.2M shares outstanding |
10M | 61M |
| Nov 13, 2024 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| Aug 14, 2024 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| May 13, 2024 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| Mar 28, 2024 |
10-K filing | 9.7M shares outstanding |
9.7M | 61M |
| Nov 13, 2023 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| Aug 14, 2023 |
10-Q filing | 10.1M shares outstanding |
10M | 61M |
| Jun 15, 2023 |
8-K filing: Cocrystal Pharma, Inc. filed a prospectus supplement for the offering of up to $7,250,000 shares of common stock pursuant to the At-The-Market Offering Agreement with H.C. Wainwright & Co., LLC. |
10M | 61M |
| May 24, 2023 |
S-3/A filing: Cocrystal Pharma, Inc. intends to offer and sell securities, including common stock and preferred stock, with a total offering price not exceeding $150,000,000, as described in the prospectus. |
10M | 61M |
| May 15, 2023 |
10-Q filing | 10.2M shares outstanding |
10M | 61M |
| May 12, 2023 |
S-3 filing: Cocrystal Pharma intends to offer and sell common stock and preferred stock, with a total offering price not exceeding $150,000,000. |
7.7M | 63M |
| Apr 10, 2023 |
8-K filing: Cocrystal Pharma, Inc. sold 2,030,458 shares of common stock at $1.97 per share to two accredited investors, Fred Hassan and Frost Gamma Investments Trust, for a total purchase price of $4,000,000. ($4.0M proceeds) |
8.1M | 8.2M |
| Mar 29, 2023 |
10-K filing | 8.1M shares outstanding |
8.1M | 8.2M |
| Nov 14, 2022 |
10-Q filing | 8.1M shares outstanding |
8.1M | 8.2M |
| Oct 11, 2022 |
Stock Split
8-K filing: Stock split one-for-12 | Outstanding: 97,469,000 → 8,122,416 |
8.1M | 8.3M |
| Aug 15, 2022 |
10-Q filing | 97.5M shares outstanding |
97M | 99M |
| May 11, 2022 |
10-Q filing | 97.5M shares outstanding |
97M | 99M |
| Mar 23, 2022 |
10-K filing | 97.5M shares outstanding |
97M | 99M |
| Nov 15, 2021 |
10-Q filing | 97.5M shares outstanding |
97M | 99M |
| Aug 16, 2021 |
10-Q filing | 97.5M shares outstanding |
97M | 99M |
| May 17, 2021 |
10-Q filing | 71.2M shares outstanding |
71M | 130M |
| May 05, 2021 |
8-K filing: Cocrystal Pharma, Inc. entered into an Underwriting Agreement with H.C. Wainwright & Co., LLC, to issue and sell 26,000,000 shares of common stock at a public offering price of $1.54 per share, with expected net proceeds of approximately $36.4 million. ($40.04M proceeds) |
35M | 160M |
| Mar 17, 2021 |
10-K filing | 35.2M shares outstanding |
35M | 160M |
| Nov 13, 2020 |
10-Q filing | 35.2M shares outstanding |
35M | 160M |
| Aug 27, 2020 |
8-K filing: Cocrystal Pharma, Inc. entered into an Underwriting Agreement with H.C. Wainwright & Co., LLC to issue and sell 14,285,715 shares of common stock at $1.05 per share, with an option for the underwriter to purchase an additional 2,142,857 shares. ($15.0M proceeds) |
35M | 160M |
| Aug 06, 2020 |
10-Q filing | 35.2M shares outstanding |
35M | 160M |
| May 13, 2020 |
10-Q filing | 35.2M shares outstanding |
35M | 160M |
| May 04, 2020 |
S-3/A filing: Cocrystal Pharma, Inc. intends to offer and sell common stock and preferred stock, with the total offering price not to exceed $150,000,000. |
37M | 160M |
| Apr 17, 2020 |
S-3 filing: Cocrystal Pharma, Inc. intends to offer and sell common stock and preferred stock with a total offering price not exceeding $150,000,000. |
37M | 0 |
| Mar 27, 2020 |
10-K filing | 29.9M shares outstanding |
30M | 0 |
| Mar 13, 2020 |
8-K filing: Cocrystal Pharma, Inc. entered into a securities purchase agreement for a registered direct offering of 5,037,038 shares of common stock at $1.35 per share, resulting in gross proceeds of approximately $6.8 million, and also settled a lawsuit with Aegis Capital Corporation. ($6.8M proceeds) |
N/A | 0 |
| Mar 04, 2020 |
8-K filing: Cocrystal Pharma, Inc. sold 8,461,540 shares of common stock at $1.30 per share in a registered direct offering, resulting in gross proceeds of approximately $11.0 million. ($11.0M proceeds) |
N/A | 0 |
| Jan 31, 2020 |
8-K filing: Cocrystal Pharma, Inc. entered into a Placement Agency Agreement with A.G.P./Alliance Global Partners for a registered offering of 3,492,063 shares of common stock at $0.63 per share, expecting to receive approximately $2.0 million in net proceeds. ($2.2M proceeds) |
N/A | 0 |