Cal Redwood Acquisition Corp. (CRAQ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 211.51% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
23M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

CRAQ currently has 23M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 211.51% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 23.0M shares outstanding

23M 0
Mar 31, 2026

10-K filing | 23.7M shares outstanding

24M 0
Nov 13, 2025

10-Q filing | 23.0M shares outstanding

23M 0
Jul 02, 2025

10-Q filing | 23.7M shares outstanding

24M 0
Jun 02, 2025

8-K filing: Cal Redwood Acquisition Corp. completed its initial public offering of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000, and a private placement of 660,000 private placement units to Cal Redwood Sponsor LLC, Cohen & Company Capital Markets, and Seaport Global Securities LLC at $10.00 per unit, generating gross proceeds of $6,600,000. ($236.6M proceeds)

7.7M 0
May 27, 2025

8-K filing: Cal Redwood Acquisition Corp. consummated an initial public offering of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000, and simultaneously completed a private placement of 660,000 units to the Sponsor, CCM, and Seaport at $10.00 per unit, generating gross proceeds of $6,600,000. ($236.6M proceeds)

7.7M 0
May 21, 2025

S-1/A filing: Cal Redwood Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination, for a total offering size of $200,000,000.

7.7M 20M
May 19, 2025

S-1/A filing: Cal Redwood Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one tenth of a Class A ordinary share upon the consummation of an initial business combination.

7.7M 20M
May 14, 2025

S-1/A filing: Cal Redwood Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination.

7.7M 20M
Apr 14, 2025

S-1/A filing: Initial public offering of 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination by Cal Redwood Acquisition Corp., a blank check company.

7.7M 20M
Apr 02, 2025

S-1/A filing: Cal Redwood Acquisition Corp. is offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination.

7.7M 20M
Mar 03, 2025

S-1 filing: Cal Redwood Acquisition Corp. is offering 20,000,000 units at $10.00 per unit for a total of $200,000,000.

7.7M 21M
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