Dakota Gold Corp. (DC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
DC currently has 124M outstanding shares. with moderate dilution risk from 59.5M authorized shares representing 48.1% potential dilution. The company has significantly diluted shareholders by 49.47% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
10-Q filing | 123.8M shares outstanding |
120M | 60M |
| Mar 25, 2026 |
10-K filing | 133.5M shares outstanding |
130M | 60M |
| Aug 13, 2025 |
10-Q filing | 112.0M shares outstanding |
110M | 60M |
| Jul 24, 2025 |
S-3 filing: Dakota Gold Corp. is filing an S-3 to register Common Stock, Warrants and Units for up to $250,000,000. |
110M | 60M |
| May 08, 2025 |
10-Q filing | 111.9M shares outstanding |
110M | 0 |
| Mar 24, 2025 |
8-K filing: Dakota Gold Corp. closed an offering of 12,400,000 shares of its common stock at a price of $2.83 per share on March 24, 2025, resulting in estimated net proceeds of approximately $32.65 million, which will be used for working capital and general corporate purposes. ($35.09M proceeds) |
91M | 0 |
| Mar 20, 2025 |
10-K filing | 90.9M shares outstanding |
91M | 74M |
| Nov 13, 2024 |
10-Q filing | 93.6M shares outstanding |
94M | 74M |
| Oct 30, 2024 |
8-K filing: Dakota Gold Corp. announced the appointment of Dr. Robert Quartermain as Interim CEO, succeeding Jonathan Awde, who resigned. Mr. Awde also agreed to forfeit his vested stock options to acquire 387,500 shares of the Company's common stock. |
88M | 74M |
| Aug 13, 2024 |
10-Q filing | 87.9M shares outstanding |
88M | 74M |
| Jul 03, 2024 |
8-K filing: Dakota Gold Corp. completed a registered direct offering, selling 2,344,836 shares of common stock to OMF Fund IV SPV C LLC at $2.50 per share, resulting in gross proceeds of $5.9 million. ($5.9M proceeds) |
87M | 74M |
| May 10, 2024 |
10-Q filing | 87.4M shares outstanding |
87M | 74M |
| Mar 28, 2024 |
10-K filing | 87.7M shares outstanding |
88M | 74M |
| Nov 13, 2023 |
10-Q filing | 78.1M shares outstanding |
78M | 74M |
| Oct 17, 2023 |
8-K filing: Dakota Gold Corp. entered into a subscription agreement with OMF Fund IV SPV C LLC (Orion) to issue and sell 6,666,667 shares of common stock at $2.55 per share for gross proceeds of $17 million in a registered direct offering. ($17.0M proceeds) |
76M | 74M |
| Aug 10, 2023 |
10-Q filing | 75.9M shares outstanding |
76M | 74M |
| May 10, 2023 |
10-Q filing | 73.7M shares outstanding |
74M | 74M |
| Mar 06, 2023 |
POS AM filing: Dakota Gold Corp. is offering up to 7,453,379 shares of common stock upon the exercise of Private Placement Warrants at an exercise price of $2.08 per share, with the warrants expiring on March 15, 2026. |
73M | 74M |
| Nov 09, 2022 |
10-Q filing | 72.0M shares outstanding |
72M | 82M |
| Sep 13, 2022 |
8-K filing: Dakota Gold Corp. issued 180,000 shares of common stock to LAC Minerals (USA) LLC and Homestake Mining Company of California as part of an amendment to an option agreement. |
71M | 82M |
| Aug 10, 2022 |
10-Q filing | 71.0M shares outstanding |
71M | 82M |
| Jul 15, 2022 |
S-3 filing: Dakota Gold Corp. files an S-3 registration statement to offer and sell common stock, warrants, and units from time to time, up to an aggregate amount of $250,000,000. |
72M | 82M |
| Jun 28, 2022 |
10-K filing | 72.0M shares outstanding |
72M | 7.5M |
| May 06, 2022 |
S-1/A filing: This prospectus relates to the issuance by Dakota Gold Corp. of up to 7,453,379 shares of common stock that are issuable upon the exercise of the Private Placement Warrants. |
N/A | 7.5M |
| Mar 28, 2022 |
S-1 filing: This S-1 filing relates to the issuance of up to 7,615,718 shares of common stock upon the exercise of warrants, with the company potentially receiving $15.8 million from the full exercise of these warrants. |
N/A | 7.6M |