Forte Biosciences, Inc. (FBRX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: June 02, 2026

Risk Assessment Details

Potential Dilution: 244.45% of current shares
Recent Dilution: 801.09% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
14M
Potential Supply
34M
Additional shares possible
Splits
None
Past 2 years

Summary

FBRX currently has 13.9M outstanding shares. with significant dilution risk as 34M authorized shares could dilute existing holders by 244.4%. The company has significantly diluted shareholders by 801.09% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 02, 2026

S-3 filing: The company filed an S-3 shelf registration statement to offer up to $500,000,000 in various securities including common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, and purchase contracts.

14M 34M
May 11, 2026

10-Q filing | 13.9M shares outstanding

14M 34M
Mar 31, 2026

10-K filing | 13.9M shares outstanding

14M 34M
Nov 14, 2025

10-Q filing | 12.5M shares outstanding

13M 35M
Aug 14, 2025

10-Q filing | 12.4M shares outstanding

12M 35M
May 15, 2025

10-Q filing | 6.6M shares outstanding

6.6M 41M
Mar 28, 2025

S-3 filing: Forte Biosciences, Inc. files an S-3 shelf registration statement for the potential offering of common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, purchase contracts, and units, with an aggregate offering price not to exceed $300,000,000.

1.5M 46M
Mar 28, 2025

10-K filing | 6.6M shares outstanding

6.6M 41M
Dec 13, 2024

S-3 filing: Forte Biosciences, Inc. is offering 9,546,944 shares of common stock for resale by selling stockholders.

1.5M 46M
Nov 14, 2024

10-Q filing | 1.5M shares outstanding

1.5M 37M
Aug 14, 2024

10-Q filing | 36.5M shares outstanding

37M 1.9M
May 13, 2024

10-Q filing | 36.4M shares outstanding

36M 1.9M
Mar 18, 2024

10-K filing | 36.4M shares outstanding

36M 2M
Nov 13, 2023

10-Q filing | 36.3M shares outstanding

36M 2M
Aug 29, 2023

S-3 filing: Filing relates to the offer and resale from time to time of up to 24,856,250 shares of common stock of Forte Biosciences, Inc. by the selling stockholders.

36M 2.1M
Aug 14, 2023

10-Q filing | 36.3M shares outstanding

36M 0
May 15, 2023

10-Q filing | 21.0M shares outstanding

21M 0
Mar 31, 2023

10-K filing | 21.0M shares outstanding

21M 0
Nov 14, 2022

10-Q filing | 18.9M shares outstanding

19M 0
Aug 15, 2022

10-Q filing | 20.3M shares outstanding

20M 0
May 16, 2022

10-Q filing | 14.8M shares outstanding

15M 0
Mar 31, 2022

10-K filing | 14.8M shares outstanding

15M 0
Nov 08, 2021

10-Q filing | 14.8M shares outstanding

15M 0
Aug 16, 2021

10-Q filing | 14.1M shares outstanding

14M 0
May 28, 2021

S-3 filing: Forte Biosciences, Inc. files an S-3 shelf registration to offer common stock, preferred stock, debt securities, depositary shares, subscription rights, and purchase contracts, up to an aggregate offering price of $300,000,000.

14M 0
May 10, 2021

10-Q filing | 13.5M shares outstanding

14M 0
Mar 16, 2021

10-K filing | 13.5M shares outstanding

14M 0
Nov 09, 2020

10-Q filing | 12.8M shares outstanding

13M 0
Aug 10, 2020

10-Q filing | 11.2M shares outstanding

11M 0
Apr 23, 2020

10-Q filing | 23.9M shares outstanding

24M 0
Feb 27, 2020

10-K filing | 23.9M shares outstanding

24M 0
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