DELCATH SYSTEMS, INC. (DCTH) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
DCTH currently has 36M outstanding shares. with significant dilution risk as 38M authorized shares could dilute existing holders by 105.4%. The company has significantly diluted shareholders by 29.55% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 36.0M shares outstanding |
36M | 38M |
| Nov 04, 2025 |
10-Q filing | 36.4M shares outstanding |
36M | 38M |
| Aug 06, 2025 |
10-Q filing | 35.8M shares outstanding |
36M | 38M |
| May 08, 2025 |
10-Q filing | 34.6M shares outstanding |
35M | 38M |
| Mar 06, 2025 |
10-K filing | 33.4M shares outstanding |
33M | 38M |
| Nov 08, 2024 |
10-Q filing | 32.3M shares outstanding |
32M | 38M |
| Sep 18, 2024 |
POS AM filing: This prospectus relates to the re-sale by the selling stockholders of up to an aggregate of 2,762,657 shares of common stock issuable upon conversion of preferred stock and exercise of warrants. |
28M | 38M |
| Sep 18, 2024 |
POS AM filing: This prospectus relates to the offer and sale by us of an aggregate 1,851,900 of our shares of common stock that are issuable at an exercise price of $10.00 per share upon exercise of the currently outstanding series F warrants and 17,456 shares of Common Stock that are issuable at an exercise price of $0.01 per share upon exercise of the currently outstandingpre-funded warrants. |
28M | 38M |
| Aug 05, 2024 |
10-Q filing | 28.4M shares outstanding |
28M | 44M |
| Jun 28, 2024 |
S-3 filing: The company is filing an S-3 to offer shares of its common stock, preferred stock, debt securities, and warrants and units to purchase any of such securities, up to a total aggregate offering price of $150,000,000. |
28M | 44M |
| May 14, 2024 |
10-Q filing | 27.8M shares outstanding |
28M | 44M |
| May 08, 2024 |
S-3/A filing: This is an S-3/A amendment filing for Delcath Systems, Inc., indicating a delayed or continuous offering pursuant to Rule 415 under the Securities Act of 1933. |
28M | 44M |
| Apr 29, 2024 |
S-3 filing: This prospectus relates to the offer and resale of 1,918,140 shares of the Companys common stock by the selling stockholders. |
28M | 44M |
| Mar 26, 2024 |
10-K filing | 24.6M shares outstanding |
25M | 43M |
| Nov 13, 2023 |
10-Q filing | 22.0M shares outstanding |
22M | 43M |
| Aug 09, 2023 |
10-Q filing | 15.3M shares outstanding |
15M | 43M |
| Jun 15, 2023 |
S-3 filing: This S-3 filing relates to the offer and resale of up to 19,509,749 shares of the Companys Common Stock by the selling stockholders. |
12M | 43M |
| May 22, 2023 |
10-Q filing | 11.6M shares outstanding |
12M | 23M |
| Mar 27, 2023 |
10-K filing | 10.1M shares outstanding |
10M | 23M |
| Jan 10, 2023 |
S-3 filing: This prospectus relates to the resale from time to time by the Selling Stockholders identified in this prospectus of up to 2,140,931 shares of the Company 92s Common Stock, which consist of (i) 1,448,889 shares of Common Stock held by the Selling Stockholders and (ii) 692,042 shares of Common Stock (the 93Warrant Shares 94 and together with the Shares, the 93Securities 94) issuable upon the exercise of pre-funded warrants held by the Selling Stockholders. |
10M | 23M |
| Nov 08, 2022 |
10-Q filing | 9.2M shares outstanding |
9.2M | 21M |
| Sep 07, 2022 |
S-3 filing: This S-3 filing relates to the resale from time to time by the Selling Stockholders of up to 1,257,705 shares of the Company’s Common Stock, which consist of (i) 690,954 shares of Common Stock held by the Selling Stockholders and (ii) 566,751 shares of Common Stock issuable upon the exercise of pre-funded warrants held by the Selling Stockholders. |
8.6M | 21M |
| Aug 08, 2022 |
10-Q filing | 8.2M shares outstanding |
8.2M | 20M |
| May 11, 2022 |
10-Q filing | 7.9M shares outstanding |
7.9M | 20M |
| Mar 31, 2022 |
10-K filing | 7.9M shares outstanding |
7.9M | 20M |
| Nov 09, 2021 |
10-Q filing | 7.6M shares outstanding |
7.6M | 20M |
| Oct 06, 2021 |
S-3 filing: This is an S-3 filing for the offering of common stock by selling stockholders, including shares issuable upon conversion of preferred stock and warrants. |
6.7M | 20M |
| Aug 10, 2021 |
10-Q filing | 6.7M shares outstanding |
6.7M | 19M |
| Jun 29, 2021 |
8-K filing: Delcath Systems, Inc. reports an increase in outstanding shares of common stock due to the conversion of Series E and E-1 Convertible Preferred Stock, the exercise of Series F, E, and E-1 warrants, and the exercise of pre-funded warrants as of June 28, 2021. |
7.3M | 19M |
| Jun 25, 2021 |
S-3 filing: The company is filing an S-3 to register up to $100 million in aggregate principal amount of our common stock, preferred stock, debt securities, warrants and/or units in one or more offerings. |
6.5M | 19M |
| May 11, 2021 |
10-Q filing | 6.5M shares outstanding |
6.5M | 10M |
| Mar 31, 2021 |
10-K filing | 6.3M shares outstanding |
6.3M | 10M |
| Mar 01, 2021 |
8-K filing: As of February 23, 2021, Delcath Systems, Inc. had 6,249,307 shares of common stock issued and outstanding. The increase in outstanding shares is due to the conversion of preferred stock, exercise of warrants, and issuance of common stock in lieu of cash payment of director fees. |
6.2M | 10M |
| Nov 12, 2020 |
10-Q filing | 4.3M shares outstanding |
4.3M | 10M |
| Oct 16, 2020 |
8-K filing: Delcath Systems, Inc. reports an increase of more than 5% in outstanding shares of common stock as of October 15, 2020, reaching 4,090,249 shares due to conversions of Series E preferred stock, exercise of Series F warrants, and purchases in an at-the-market offering. |
4.1M | 10M |
| Aug 13, 2020 |
10-Q filing | 3.9M shares outstanding |
3.9M | 10M |
| Jul 21, 2020 |
8-K filing: Delcath Systems, Inc. reports an increase in outstanding common stock by more than 5% due to the conversion of Series E and E-1 Convertible Preferred Stock into 372,500 shares of Common Stock and the conversion of a pre-funded warrant to purchase 6,000 shares of Common Stock. |
3.9M | 10M |
| May 14, 2020 |
10-Q filing | 2.8M shares outstanding |
2.8M | 10M |
| May 08, 2020 |
8-K filing: The Company consummated an underwritten public offering of 1,823,000 shares of common stock, pre-funded warrants to purchase up to 377,000 shares of common stock, and Series F warrants to purchase 2,224,900 shares of common stock. |
2.6M | 10M |
| May 01, 2020 |
S-1/A filing: This S-1/A filing relates to the re-sale by selling stockholders of 1,455,775 shares of common stock of Delcath Systems, Inc. |
73K | 10M |
| Apr 23, 2020 |
S-1/A filing: This S-1/A filing relates to the re-sale of 569,100 shares of common stock by selling stockholders and a proposed public offering for listing on the NASDAQ Capital Market. |
73K | 9.1M |
| Apr 20, 2020 |
S-1/A filing: This is an S-1/A filing for an offering of common stock, Series F warrants, and pre-funded warrants with Roth Capital Partners, Aegis Capital Corp., and Laidlaw & Company (UK) Ltd. as underwriters. The company intends to use the net proceeds of this offering for working capital and general corporate purposes, including the continued development of Melphalan/HDS. |
73K | 10M |
| Mar 25, 2020 |
10-K filing | 0.1M shares outstanding |
73K | 8.3M |
| Feb 07, 2020 |
S-1/A filing: This S-1/A filing relates to an offering of common stock and pre-funded warrants with Roth Capital Partners and Aegis Capital Corp. acting as book-running managers. The company intends to use the net proceeds for working capital and general corporate purposes, including the continued development of Melphalan/HDS. |
70K | 8.3M |
| Jan 27, 2020 |
S-1 filing: This S-1 filing relates to the resale of 1,882,723 shares of common stock by selling stockholders. |
70K | 6.8M |
| Jan 13, 2020 |
S-1 filing: The company is offering $25,000,000 of shares of common stock in this offering and intends to use the net proceeds of this offering for working capital and general corporate purposes, including the continued development of Melphalan/HDS. |
69K | 4.9M |
| Jan 06, 2020 |
S-1/A filing: This prospectus relates to the re-sale by the selling stockholders of up to an aggregate of 3,429,680 shares of common stock of Delcath Systems, Inc. |
40K | 3.4M |