Edesa Biotech, Inc. (EDSA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
EDSA currently has 8.54M outstanding shares. with moderate dilution risk from 1.74M authorized shares representing 20.4% potential dilution. The company has significantly diluted shareholders by 139.34% 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 | 8.5M shares outstanding |
8.5M | 1.7M |
| Dec 12, 2025 |
10-K filing | 8.3M shares outstanding |
8.3M | 2M |
| May 14, 2025 |
10-Q filing | 7.0M shares outstanding |
7M | 3.3M |
| Mar 04, 2025 |
S-3 filing: This S-3 filing is for a shelf offering of common shares by selling shareholders. |
7M | 3.3M |
| Feb 14, 2025 |
10-Q filing | 6.9M shares outstanding |
6.9M | 0 |
| Feb 13, 2025 |
8-K filing: Edesa Biotech, Inc. entered into a Securities Purchase Agreement for a private placement of Preferred Shares and Common Shares, resulting in gross proceeds of approximately $15.0 million. ($15.0M proceeds) |
3.2M | 0 |
| Dec 13, 2024 |
10-K filing | 3.2M shares outstanding |
3.2M | 0 |
| Aug 09, 2024 |
10-Q filing | 3.2M shares outstanding |
3.2M | 0 |
| May 10, 2024 |
10-Q filing | 3.2M shares outstanding |
3.2M | 0 |
| Feb 09, 2024 |
10-Q filing | 3.2M shares outstanding |
3.2M | 0 |
| Dec 15, 2023 |
10-K filing | 2.4M shares outstanding |
2.4M | 92K |
| Oct 11, 2023 |
Stock Split
8-K filing: Stock split 1-for-7 | Outstanding: 20,866,772 → 3,072,482 |
3.1M | 0 |
| Aug 09, 2023 |
10-Q filing | 20.9M shares outstanding |
21M | 0 |
| May 11, 2023 |
10-Q filing | 20.1M shares outstanding |
20M | 0 |
| Feb 10, 2023 |
10-Q filing | 19.4M shares outstanding |
19M | 0 |
| Dec 16, 2022 |
S-3 filing: The filing is an S-3 form regarding the offering of up to 5,382,667 common shares by selling shareholders, including shares issuable upon the exercise of Class A and Class B Warrants. The company will not receive any proceeds from the sale of shares by the selling shareholders but will receive proceeds from any cash exercise of the Warrants. |
15M | 1.8M |
| Dec 16, 2022 |
10-K filing | 16.7M shares outstanding |
17M | 640K |
| Nov 03, 2022 |
8-K filing: Edesa Biotech, Inc. closed an offering of 2,691,337 common shares along with warrants for gross proceeds of approximately $3.0 million on November 2, 2022. ($3.0M proceeds) |
15M | 0 |
| Aug 12, 2022 |
10-Q filing | 15.5M shares outstanding |
15M | 0 |
| Aug 05, 2022 |
S-3 filing: Edesa Biotech, Inc. is filing an S-3 to offer up to $150,000,000 in various securities including common shares, preferred shares, debt securities, warrants, subscription rights and units. |
15M | 0 |
| May 13, 2022 |
10-Q filing | 15.5M shares outstanding |
15M | 0 |
| Apr 11, 2022 |
S-1 filing: S-1 filing for resale of common shares issuable upon exercise of warrants. |
14M | 0 |
| Mar 23, 2022 |
8-K filing: Edesa Biotech, Inc. entered into a purchase agreement to sell and issue 1,540,000 common shares and pre-funded warrants to purchase up to 1,199,727 common shares at $3.65 and $3.6499 respectively, along with warrants to purchase up to 2,739,727 common shares in a concurrent private placement, for gross proceeds of approximately $10.0 million, with the offering expected to close on or about March 24, 2022. |
14M | 0 |
| Mar 04, 2022 |
8-K filing: Edesa Biotech, Inc. and RBC Capital Markets, LLC amended the Equity Distribution Agreement, with the Company having sold 487,228 common shares for $2,500,069 prior to March 4, 2022, and may offer and sell additional Common Shares up to $15.4 million. ($2.5M proceeds) |
14M | 0 |
| Feb 14, 2022 |
10-Q filing | 13.5M shares outstanding |
14M | 0 |
| Dec 28, 2021 |
10-K filing | 13.3M shares outstanding |
13M | 0 |
| Aug 13, 2021 |
10-Q filing | 13.3M shares outstanding |
13M | 0 |
| May 14, 2021 |
10-Q filing | 13.2M shares outstanding |
13M | 0 |
| Feb 26, 2021 |
8-K filing: Edesa Biotech, Inc. entered into an underwriting agreement with H.C. Wainwright & Co., LLC to sell 1,562,500 common shares at $6.40 per share in a firm commitment public offering, with an option for Wainwright to purchase an additional 234,375 shares. ($10.0M proceeds) |
11M | 870K |
| Feb 16, 2021 |
10-Q filing | 11.0M shares outstanding |
11M | 870K |
| Dec 07, 2020 |
10-K filing | 10.5M shares outstanding |
11M | 1.4M |
| Aug 12, 2020 |
10-Q filing | 8.9M shares outstanding |
8.9M | 3.1M |
| May 15, 2020 |
10-Q filing | 8.9M shares outstanding |
8.9M | 3.1M |
| Feb 25, 2020 |
S-1 filing: The company is issuing and selling 1,354,961 Common Shares in a registered direct offering and warrants to purchase Common Shares in a concurrent private placement. |
8.9M | 3.1M |
| Feb 13, 2020 |
10-Q filing | 8.9M shares outstanding |
8.9M | 0 |