Youdao, Inc. (DAO) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
DAO currently has 121M outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 15, 2026 |
20-F filing | 121.4M shares outstanding |
120M | 0 |
| Apr 15, 2025 |
20-F filing | 123.6M shares outstanding |
120M | 0 |
| Apr 25, 2024 |
20-F filing | 121.7M shares outstanding |
120M | 0 |
| Apr 27, 2023 |
20-F filing | 112.9M shares outstanding |
110M | 0 |
| Sep 09, 2022 |
POS AM filing: Youdao, Inc. may from time to time offer and sell up to an aggregate of US$500,000,000 of Class A Ordinary Shares, Preferred Shares, Warrants and Units. |
120M | 0 |
| Aug 26, 2022 |
POS AM filing: Youdao, Inc. may offer and sell up to US$500,000,000 of Class A Ordinary Shares, Preferred Shares, Warrants and Units from time to time in one or more offerings. |
120M | 0 |
| Jul 26, 2022 |
POS AM filing: Youdao, Inc. may offer and sell up to US$500,000,000 of Class A Ordinary Shares, Preferred Shares and Warrants. |
120M | 0 |
| Jun 14, 2022 |
POS AM filing: Youdao, Inc. files a POS AM to offer and sell up to US$500,000,000 of Class A Ordinary Shares, Preferred Shares, Warrants and Units. |
120M | 0 |
| Apr 28, 2022 |
20-F filing | 126.0M shares outstanding |
130M | 0 |
| Apr 28, 2022 |
POS AM filing: Youdao, Inc. may offer and sell up to an aggregate of US$500,000,000 of Class A Ordinary Shares, Preferred Shares, Warrants and Units. |
120M | 0 |
| Apr 28, 2021 |
20-F filing | 117.0M shares outstanding |
120M | 0 |
| Apr 29, 2020 |
20-F filing | 92.0M shares outstanding |
92M | 0 |