Elite Express Holding Inc. (ETS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: July 14, 2026

Risk Assessment Details

Potential Dilution: 8.21% of current shares
Recent Dilution: 220.85% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
49M
Potential Supply
4M
Additional shares possible
Splits
None
Past 2 years

Summary

ETS currently has 48.7M outstanding shares. with limited dilution risk as only 4M additional shares (8.2%) are authorized for issuance. The company has significantly diluted shareholders by 220.85% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jul 14, 2026

10-Q filing | 48.7M shares outstanding

49M 4M
Jun 08, 2026

8-K filing: Elite Express Holding Inc. completed the private placement of 32,000,000 shares of its Class A Common Stock for gross proceeds of $8,000,000. ($8.0M proceeds)

17M 4M
Apr 13, 2026

10-Q filing | 16.7M shares outstanding

17M 4M
Oct 14, 2025

10-Q filing | 16.7M shares outstanding

17M 4M
Aug 14, 2025

S-1/A filing: The filing relates to the undertaking of the registrant to be a seller in the primary offering of securities.

13M 4M
Jul 14, 2025

S-1/A filing: The filing is an S-1/A form indicating a proposed offering of 4,000,000 shares of Class A common stock at an assumed initial public offering price of $4.00 per share.

13M 4M
May 23, 2025

S-1/A filing: This is an S-1/A filing for an initial public offering of 4,000,000 shares of Class A common stock at an assumed price of $4.00 per share.

13M 4M
May 05, 2025

S-1 filing: The filing is an S-1 form indicating an initial public offering of 4,000,000 shares of Class A common stock at an assumed price of $4.00 per share, with an over-allotment option for 600,000 additional shares. The company has applied to list its Class A common stock on The Nasdaq Capital Market, and the offering is conditional upon Nasdaq's approval.

13M 4M
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