KWESST Micro Systems Inc. (DFSC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
DFSC currently has 9.01M outstanding shares. with significant dilution risk as 32.1M authorized shares could dilute existing holders by 356.0%. The company has significantly diluted shareholders by 631.75% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Feb 26, 2025 |
F-3 filing: This F-3 filing relates to the offer and sale of up to 8,075,758 common shares of KWESST Micro Systems Inc. by selling securityholders. |
9M | 32M |
| Dec 30, 2024 |
20-F filing | 1.6M shares outstanding |
1.6M | 24M |
| Nov 19, 2024 |
F-3 filing: This F-3 filing relates to the offer and sale of up to 8,497,660 common shares of KWESST Micro Systems Inc. underlying certain pre-funded warrants, common share purchase warrants and placement agent's warrants held by the selling securityholders. |
2.4M | 24M |
| Oct 15, 2024 |
F-1 filing: KWESST Micro Systems Inc is offering up to 1,982,815 Common Shares and Pre-funded Warrants. They have also granted a 45-day option to the representative of the underwriters, exercisable one or more times in whole or in part, to purchase up to an additional 297,422 Common Shares, and/or up to 297,422 Pre-funded Warrants. |
3.6M | 16M |
| Sep 06, 2024 |
F-3 filing: This F-3 filing relates to the offer and sale of up to 5,068,625 common shares of KWESST Micro Systems Inc. underlying certain investor warrants and placement agent's warrants held by the selling securityholders. |
16M | 14M |
| Aug 14, 2024 |
RW filing: The company has withdrawn its registration statement for a planned registered offering of common shares or pre-funded warrants. |
6M | 8.5M |
| May 15, 2024 |
F-1 filing: This is an F-1 filing detailing a proposed offering of common shares and pre-funded warrants for working capital and general corporate purposes. |
6M | 16M |
| Feb 20, 2024 |
F-3 filing: KWESST Micro Systems Inc. may offer various securities, including common shares, preferred shares, debt securities, warrants, units, and subscription receipts, up to an aggregate initial offering price of US$100,000,000 during the 36-month period that the registration statement remains effective. |
5.6M | 8.5M |
| Jan 22, 2024 |
20-F filing | 5.6M shares outstanding |
5.6M | 8.5M |
| Aug 02, 2023 |
F-1 filing: This F-1 filing details a U.S. IPO and a Canadian Offering, and an offering of common shares by selling securityholders. |
4.1M | 8.5M |
| Jan 27, 2023 |
20-F filing | 4.1M shares outstanding |
4.1M | 0 |
| Aug 16, 2022 |
F-1 filing: This F-1 filing outlines a proposed offering of common units and pre-funded units by KWESST Micro Systems Inc. to fund working capital and general corporate purposes. |
3M | 0 |