ESH Acquisition Corp. (ESHA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: November 17, 2025

Risk Assessment Details

Potential Dilution: 444.97% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
3.9M
Potential Supply
17M
Additional shares possible
Splits
None
Past 2 years

Summary

ESHA currently has 3.89M outstanding shares. with significant dilution risk as 17.3M authorized shares could dilute existing holders by 445.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 17, 2025

10-Q filing | 3.9M shares outstanding

3.9M 17M
Aug 19, 2025

10-Q filing | 3.9M shares outstanding

3.9M 17M
May 20, 2025

10-Q filing | 3.9M shares outstanding

3.9M 17M
Apr 04, 2025

10-K filing | 3.9M shares outstanding

3.9M 17M
Dec 06, 2024

8-K filing: ESH Acquisition Sponsor LLC converted 2,865,000 shares of Class B common stock into 2,865,000 shares of Class A common stock, and holders of 10,760,119 shares of Class A common stock redeemed their shares for cash.

3.9M 17M
Nov 14, 2024

10-Q filing | 11.8M shares outstanding

12M 17M
Aug 13, 2024

10-Q filing | 11.8M shares outstanding

12M 17M
May 20, 2024

10-Q filing | 11.8M shares outstanding

12M 17M
Apr 01, 2024

10-K filing | 11.8M shares outstanding

12M 17M
Nov 14, 2023

10-Q filing | 11.8M shares outstanding

12M 17M
Aug 18, 2023

10-Q filing | 11.8M shares outstanding

12M 17M
Jun 23, 2023

8-K filing: ESH Acquisition Corp. consummated its initial public offering of 11,500,000 units at $10.00 per unit, generating gross proceeds of $115,000,000, and also consummated a private placement with the Sponsor, I-Bankers and Dawson James for 7,470,000 warrants at $1.00 per warrant, generating total proceeds of $7,470,000. ($122.47M proceeds)

2.9M 17M
Jun 20, 2023

8-K filing: The company consummated a private placement of 7,470,000 warrants to purchase 7,470,000 Class A Shares at a price of $1.00 per warrant. The company also adopted its Amended and Restated Certificate of Incorporation. ($7.47M proceeds)

2.9M 17M
Jun 09, 2023

S-1/A filing: ESH Acquisition Corp. is offering 10,000,000 units at $10.00 per unit for a total of $100,000,000.

2.9M 17M
May 22, 2023

S-1/A filing: ESH Acquisition Corp. is offering 10,000,000 units at $10.00 per unit for a total of $100,000,000 in an initial public offering, each unit consists of one share of Class A common stock and one right to receive one-tenth of one share of Class A common stock upon consummation of initial business combination. Additionally, ESH Sponsor LLC, I-Bankers Securities, Inc. and Dawson James Securities, Inc. have committed to purchase an aggregate of 7,320,000 warrants at a price of $1.00 per warrant in a private placement.

2.9M 17M
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