Envirotech Vehicles, Inc. (EVTV) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
EVTV currently has 12.9M outstanding shares. with significant dilution risk as 590M authorized shares could dilute existing holders by 4580.6%. The company has significantly diluted shareholders by 313.0% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 19, 2026 |
10-Q filing | 12.9M shares outstanding |
13M | 590M |
| Apr 13, 2026 |
10-K filing | 7.7M shares outstanding |
7.7M | 600M |
| Mar 09, 2026 |
8-K filing: Envirotech Vehicles, Inc. entered into a securities purchase agreement with YA II PN, Ltd. to issue and sell debentures in the aggregate principal amount of $11,000,000 in two tranches, with the first tranche of $4,000,000 closed on March 6, 2026, and issued warrants to purchase up to 1,291,778 shares of common stock in connection with the first closing. |
3.2M | 600M |
| Aug 18, 2025 |
S-3/A filing: The filing is an S-3/A form indicating a shelf offering for common stock, preferred stock, and debt securities, with an aggregate offering price not exceeding $1,000,000,000. |
2.6M | 600M |
| Aug 18, 2025 |
10-Q filing | 3.2M shares outstanding |
3.2M | 50M |
| Aug 06, 2025 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 25,670,211 → 2,567,021 |
2.6M | 51M |
| May 22, 2025 |
S-1 filing: This prospectus relates to the resale of up to 95,888,921 shares of common stock by YA II PN, LTD, and the company may receive up to $17 million additional aggregate gross proceeds from sales of common stock to the Selling Securityholder pursuant to the Purchase Agreement. |
26M | 510M |
| May 20, 2025 |
10-Q filing | 21.8M shares outstanding |
22M | 340M |
| Apr 15, 2025 |
10-K filing | 19.9M shares outstanding |
20M | 340M |
| Dec 06, 2024 |
S-1/A filing: This S-1/A filing relates to the resale of common stock by a selling securityholder and potential sales of common stock by the company to the selling securityholder pursuant to a standby equity purchase agreement. |
17M | 340M |
| Nov 14, 2024 |
10-Q filing | 16.3M shares outstanding |
16M | 340M |
| Nov 01, 2024 |
S-1 filing: This prospectus relates to the resale, from time to time, of up to 13,609,145 shares of common stock of Envirotech Vehicles, Inc., by YA II PN, LTD. |
17M | 340M |
| Aug 14, 2024 |
10-Q filing | 15.6M shares outstanding |
16M | 310M |
| May 15, 2024 |
10-Q filing | 15.4M shares outstanding |
15M | 310M |
| Apr 05, 2024 |
S-1 filing: Envirotech Vehicles, Inc. is offering common stock and pre-funded warrants to purchase common stock on a reasonable best efforts basis. |
16M | 310M |
| Mar 28, 2024 |
10-K filing | 15.1M shares outstanding |
15M | 310M |
| Nov 14, 2023 |
10-Q filing | 15.1M shares outstanding |
15M | 310M |
| Oct 16, 2023 |
10-Q filing | 15.0M shares outstanding |
15M | 310M |
| Oct 16, 2023 |
10-Q filing | 15.0M shares outstanding |
15M | 310M |
| Sep 25, 2023 |
10-K filing | 15.0M shares outstanding |
15M | 310M |
| Nov 14, 2022 |
10-Q filing | 15.0M shares outstanding |
15M | 310M |
| Aug 15, 2022 |
10-Q filing | 15.0M shares outstanding |
15M | 310M |
| May 16, 2022 |
10-Q filing | 299.9M shares outstanding |
300M | 29M |
| May 04, 2022 |
S-1 filing: Envirotech Vehicles, Inc. is offering shares of its common stock. The underwriters have an over-subscription option to purchase additional shares. The net proceeds will be used for working capital and potential acquisitions or investments. |
300M | 29M |
| Apr 26, 2022 |
10-K filing | 299.9M shares outstanding |
300M | 29M |
| Nov 12, 2021 |
10-Q filing | 294.3M shares outstanding |
290M | 34M |
| Aug 19, 2021 |
10-Q filing | 294.3M shares outstanding |
290M | 34M |
| May 25, 2021 |
10-Q filing | 293.6M shares outstanding |
290M | 35M |
| May 13, 2021 |
8-K filing: ADOMANI, Inc. completed the second closing of its previously announced private placement on May 7, 2021, resulting in $16.275 million of additional cash proceeds. ($23.0M proceeds) |
260M | 73M |
| Apr 19, 2021 |
S-3 filing: This prospectus relates to the possible resale from time to time of up to 73,237,505 shares of our common stock, par value $0.00001 per share, which are held by, or may be issued to, the selling stockholders identified in this prospectus. |
260M | 73M |
| Mar 31, 2021 |
10-K filing | 255.2M shares outstanding |
260M | 0 |
| Feb 17, 2021 |
8-K filing: ADOMANI, Inc. entered into a definitive agreement to acquire Envirotech Drive Systems, Inc. through a merger, issuing 142,558,000 shares of ADOMANI common stock. |
74M | 0 |
| Dec 03, 2020 |
8-K filing: ADOMANI, Inc. entered into Exchange Agreements with warrant holders to cancel warrants in exchange for 27,499,985 shares of common stock. |
74M | 0 |
| Nov 13, 2020 |
10-Q filing | 73.7M shares outstanding |
74M | 0 |
| Aug 14, 2020 |
10-Q filing | 73.6M shares outstanding |
74M | 0 |
| Apr 30, 2020 |
10-Q filing | 73.3M shares outstanding |
73M | 0 |
| Mar 10, 2020 |
10-K filing | 73.2M shares outstanding |
73M | 0 |