Fatpipe Inc/UT (FATN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 18, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 8.93% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
14M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

FATN currently has 14M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 8.93% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 18, 2026

10-K filing | 14.0M shares outstanding

14M 0
Nov 03, 2025

10-Q filing | 13.9M shares outstanding

14M 0
Jun 30, 2025

10-K filing | 12.9M shares outstanding

13M 0
Apr 11, 2025

8-K filing: FatPipe, Inc. closed an initial public offering of 695,656 shares of common stock at $5.75 per share, resulting in gross proceeds of approximately $4,000,000 before deducting discounts and expenses. ($4.0M proceeds)

13M 0
Mar 11, 2025

POS AM filing: This POS AM filing relates to an offering of common stock with an expected price range of $5.75 to $7.75 per share. The company plans to use the net proceeds for sales and marketing activities, customer support, research and development, and general working capital.

13M 0
Feb 07, 2025

S-1/A filing: This S-1/A filing relates to a proposed offering of common stock, with the company detailing expenses related to the offering and the planned application of net proceeds.

13M 850K
Feb 05, 2025

S-1/A filing: This S-1/A filing relates to an offering of common stock with an expected price between $5.75 and $7.75 per share. 740,740 shares of common stock are being offered. The underwriters have an option to purchase up to an additional 111,111 shares of common stock.

13M 850K
Dec 23, 2024

S-1/A filing: S-1/A filing for common stock offering with underwriters' option to purchase additional shares. The company intends to apply to have its shares of common stock listed on Nasdaq under the symbol "FATN."

13M 0
Dec 06, 2024

S-1/A filing: S-1/A filing for a common stock offering with an underwriter's option and representative's warrants. The company intends to list its shares on Nasdaq under the symbol 'FATN'.

13M 0
Nov 14, 2024

S-1/A filing: S-1/A filing for an offering of common stock with an underwriter's option to purchase additional shares and warrants granted to the lead underwriter.

13M 0
Oct 25, 2024

S-1/A filing: This S-1/A filing relates to an offering of common stock, with an option for underwriters to purchase additional shares, and includes the issuance of warrants to the lead underwriter. The number of shares outstanding after the offering is based on 13,026,484 shares outstanding as of October 23, 2024.

13M 0
Jul 19, 2024

S-1 filing: An S-1 filing indicating an offering of common stock and underwriters' option to purchase additional shares, with warrants to be issued to the underwriter. The company intends to list its shares on Nasdaq under the symbol "FATN."

13M 0
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