4D Molecular Therapeutics, Inc. (FDMT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
FDMT currently has 51M outstanding shares. with moderate dilution risk from 20.6M authorized shares representing 40.4% potential dilution. The company has diluted shareholders by 24.8% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
S-3 filing: 4D Molecular Therapeutics, Inc. files an S-3 registration statement to offer and sell up to $400 million in the aggregate of common stock, preferred stock, debt securities, warrants and units from time to time in one or more offerings. |
51M | 21M |
| May 07, 2026 |
10-Q filing | 52.3M shares outstanding |
52M | 21M |
| Jan 26, 2026 |
8-K filing: 4D Molecular Therapeutics, Inc. exchanged shares of common stock for pre-funded warrants with RA Capital and BVF. RA Capital exchanged 4,850,000 shares, and BVF exchanged 1,750,000 shares. |
51M | 21M |
| Nov 10, 2025 |
10-Q filing | 56.1M shares outstanding |
56M | 21M |
| Aug 11, 2025 |
10-Q filing | 46.7M shares outstanding |
47M | 21M |
| May 08, 2025 |
10-Q filing | 46.3M shares outstanding |
46M | 21M |
| Feb 28, 2025 |
POS AM filing: 4D Molecular Therapeutics, Inc. may offer and sell up to $250,000,000 in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings for general corporate purposes. |
46M | 21M |
| Feb 28, 2025 |
10-K filing | 46.3M shares outstanding |
46M | 21M |
| Dec 11, 2024 |
8-K filing: 4D Molecular Therapeutics, Inc. entered into an exchange agreement with RA Capital Healthcare Fund, L.P., exchanging 535,000 shares of the Company's common stock for a pre-funded warrant to acquire 535,000 shares of the Company's common stock. |
46M | 21M |
| Nov 13, 2024 |
10-Q filing | 46.2M shares outstanding |
46M | 21M |
| Aug 08, 2024 |
10-Q filing | 55.3M shares outstanding |
55M | 21M |
| May 09, 2024 |
10-Q filing | 49.3M shares outstanding |
49M | 21M |
| Feb 29, 2024 |
10-K filing | 49.8M shares outstanding |
50M | 21M |
| Nov 09, 2023 |
10-Q filing | 42.3M shares outstanding |
42M | 21M |
| Aug 09, 2023 |
10-Q filing | 38.3M shares outstanding |
38M | 21M |
| Aug 09, 2023 |
S-3 filing: 4D Molecular Therapeutics, Inc. may offer and sell up to $300.0 million in the aggregate of common stock, preferred stock, debt securities, warrants and units from time to time in one or more offerings. |
33M | 21M |
| May 11, 2023 |
10-Q filing | 32.7M shares outstanding |
33M | 2.9M |
| Mar 15, 2023 |
10-K filing | 32.4M shares outstanding |
32M | 2.9M |
| Nov 08, 2022 |
10-Q filing | 32.4M shares outstanding |
32M | 2.9M |
| Aug 23, 2022 |
S-3 filing: This S-3 filing relates to the proposed resale of up to 2,837,914 shares of 4D Molecular Therapeutics, Inc. common stock by selling stockholders. |
32M | 2.9M |
| Aug 11, 2022 |
10-Q filing | 32.3M shares outstanding |
32M | 54K |
| May 12, 2022 |
10-Q filing | 32.3M shares outstanding |
32M | 54K |
| Mar 29, 2022 |
S-3 filing: 4D Molecular Therapeutics, Inc. is filing an S-3 to offer and sell up to $300,000,000 in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings. |
32M | 54K |
| Mar 28, 2022 |
10-K filing | 32.2M shares outstanding |
32M | 54K |
| Nov 10, 2021 |
10-Q filing | 32.1M shares outstanding |
32M | 54K |
| Aug 12, 2021 |
10-Q filing | 27.0M shares outstanding |
27M | 54K |
| May 13, 2021 |
10-Q filing | 26.7M shares outstanding |
27M | 54K |
| Mar 25, 2021 |
10-K filing | 26.7M shares outstanding |
27M | 54K |
| Dec 10, 2020 |
S-1/A filing: This S-1/A filing includes information on recent sales of unregistered securities, director and executive officer compensation, and indemnification agreements. |
17M | 54K |
| Dec 07, 2020 |
S-1/A filing: This is an S-1/A filing for 4D Molecular Therapeutics, Inc. and includes information on recent sales of unregistered securities, including Series B and C redeemable convertible preferred stock, common stock warrants, and stock options and awards issued under the 2015 Equity Incentive Plan. |
17M | 54K |
| Nov 17, 2020 |
S-1 filing: This S-1 filing includes information about a Series C convertible preferred stock financing where 4,200,353 shares were issued at $18.00 per share for approximately $75.6 million, and an offering of common stock by the company. |
17M | 0 |
| Jul 21, 2020 |
RW filing: 4D Molecular Therapeutics, Inc. requests the withdrawal of its Registration Statement on Form S-1 (File No. 333-234021) because it is no longer pursuing an initial public offering of its common stock at this time. |
N/A | 0 |