FEMASYS INC (FEMY) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: March 31, 2026

Risk Assessment Details

Potential Dilution: 367.86% of current shares
Recent Dilution: 134.47% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
60M
Potential Supply
220M
Additional shares possible
Splits
None
Past 2 years

Summary

FEMY currently has 60.4M outstanding shares. with significant dilution risk as 222M authorized shares could dilute existing holders by 367.9%. The company has significantly diluted shareholders by 134.47% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 31, 2026

10-K filing | 60.4M shares outstanding

60M 220M
Dec 31, 2025

S-3 filing: This is an S-3 filing registering common stock that may be offered by selling stockholders, including shares issuable upon conversion of senior secured convertible notes and exercise of warrants.

58M 220M
Dec 04, 2025

S-3/A filing: This SEC filing is an S-3/A form, which is an amendment to a shelf registration statement. It includes exhibits such as the form of underwriting agreement, certificate of incorporation, bylaws, common stock certificate, and forms related to preferred stock, warrants, debt securities, rights certificate, and unit agreement.

58M 160M
Nov 14, 2025

10-Q filing | 58.5M shares outstanding

58M 160M
Nov 07, 2025

8-K filing: Femasys Inc. entered into a Securities Purchase Agreement to sell convertible notes and warrants to accredited investors in a private placement expected to close in two tranches on November 7, 2025 and November 26, 2025, with gross proceeds of $12 million to be used for debt repayment and working capital.

33M 180M
Aug 21, 2025

S-1/A filing: Femasys Inc. is offering up to 11,428,571 shares of common stock, pre-funded warrants, and common warrants, and intends to use the net proceeds for development, general corporate purposes, capital expenditures, and working capital.

33M 180M
Aug 08, 2025

10-Q filing | 32.6M shares outstanding

33M 160M
Jul 03, 2025

S-3 filing: Femasys Inc. is offering Common Stock, Preferred Stock, and Debt Securities for a total proposed amount of $150,000,000.

33M 160M
Jun 02, 2025

8-K filing: Femasys Inc. completed an underwritten public offering of 3,600,000 shares of common stock at $0.85 per share and a concurrent private placement of 1,686,275 shares of common stock at prices of $0.85 and $1.02 per share.

25M 8.2M
May 08, 2025

10-Q filing | 25.1M shares outstanding

25M 8.2M
Mar 27, 2025

10-K filing | 27.1M shares outstanding

27M 6.2M
Nov 12, 2024

10-Q filing | 22.2M shares outstanding

22M 11M
Aug 08, 2024

10-Q filing | 22.2M shares outstanding

22M 11M
May 09, 2024

10-Q filing | 21.8M shares outstanding

22M 12M
Mar 28, 2024

10-K filing | 22.1M shares outstanding

22M 11M
Nov 30, 2023

S-3 filing: This S-3 filing relates to the registration of 18,111,861 shares of common stock offered by selling stockholders, comprised of shares issuable upon conversion of Convertible Notes, exercise of Series A Warrants, and exercise of Series B Warrants.

22M 12M
Nov 15, 2023

8-K filing: Femasys Inc. entered into a Securities Purchase Agreement to sell convertible notes and warrants to accredited investors in a private placement expected to close on November 17, 2023, with gross proceeds of $6.85 million. ($13.7M proceeds)

22M 0
Nov 14, 2023

10-Q filing | 21.6M shares outstanding

22M 0
Aug 10, 2023

10-Q filing | 15.1M shares outstanding

15M 190K
Jun 23, 2023

S-1 filing: This S-1 filing relates to the registration of 3,388,525 shares of common stock offered by selling stockholders, comprised of shares issuable upon the exercise of Common Warrants and Placement Agent Warrants.

12M 3.4M
May 11, 2023

10-Q filing | 11.9M shares outstanding

12M 0
Apr 20, 2023

8-K filing: Femasys Inc. entered into a Securities Purchase Agreement for a registered direct offering and concurrent private placement involving the sale of 1,318,000 shares of common stock and pre-funded warrants to purchase up to 1,878,722 shares, along with warrants to purchase up to 3,196,722 shares, with expected gross proceeds of approximately $3.9 million. ($3.9M proceeds)

12M 0
Mar 30, 2023

10-K filing | 11.8M shares outstanding

12M 0
Nov 10, 2022

10-Q filing | 11.8M shares outstanding

12M 0
Aug 10, 2022

10-Q filing | 11.8M shares outstanding

12M 0
Jul 01, 2022

S-3 filing: Femasys Inc. may offer up to $150,000,000 of any combination of common stock, preferred stock, and debt securities from time to time.

12M 0
May 11, 2022

10-Q filing | 11.8M shares outstanding

12M 0
Mar 24, 2022

10-K filing | 11.8M shares outstanding

12M 0
Nov 12, 2021

10-Q filing | 11.8M shares outstanding

12M 0
Aug 11, 2021

10-Q filing | 11.8M shares outstanding

12M 0
Jun 14, 2021

S-1/A filing: Femasys Inc. is offering 2,650,000 shares of common stock in an initial public offering.

12M 3M
May 14, 2021

S-1 filing: Femasys Inc. is offering shares of its common stock in an initial public offering.

N/A 0
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