FGI Industries Ltd. (FGI) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
FGI currently has 1.92M outstanding shares. with significant dilution risk as 1.36M authorized shares could dilute existing holders by 71.0%. The company has minimally diluted shareholders by 0.42% over the past 2 years. 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 15, 2026 |
10-Q filing | 1.9M shares outstanding |
1.9M | 1.4M |
| Apr 10, 2026 |
10-K filing | 1.9M shares outstanding |
1.9M | 1.4M |
| Nov 14, 2025 |
10-Q filing | 1.9M shares outstanding |
1.9M | 1.4M |
| Aug 13, 2025 |
10-Q filing | 1.9M shares outstanding |
1.9M | 1.4M |
| Jul 31, 2025 |
Stock Split
8-K filing: Stock split 1-for-5 | Outstanding: 9,578,983 → 1,915,796 |
1.9M | 1.4M |
| May 14, 2025 |
10-Q filing | 9.6M shares outstanding |
9.6M | 6.8M |
| Mar 31, 2025 |
10-K filing | 9.6M shares outstanding |
9.6M | 6.8M |
| Nov 13, 2024 |
10-Q filing | 9.6M shares outstanding |
9.6M | 6.8M |
| Aug 13, 2024 |
10-Q filing | 9.6M shares outstanding |
9.6M | 6.8M |
| May 30, 2024 |
S-3/A filing: FGI Industries Ltd. is filing an S-3/A to register an offering of up to $25,000,000 in the aggregate of ordinary shares, preferred shares, debt securities, share purchase contracts, warrants, rights and units, in any combination, as well as 6,816,250 ordinary shares offered by the selling shareholder. |
2.6M | 6.8M |
| May 10, 2024 |
10-Q filing | 9.5M shares outstanding |
9.5M | 0 |
| Apr 09, 2024 |
S-3 filing: This is an S-3 filing for a shelf registration, allowing the company to offer and sell securities from time to time through various methods. |
9.5M | 0 |
| Mar 26, 2024 |
10-K filing | 9.5M shares outstanding |
9.5M | 0 |
| Nov 13, 2023 |
10-Q filing | 9.5M shares outstanding |
9.5M | 0 |
| Aug 11, 2023 |
10-Q filing | 9.5M shares outstanding |
9.5M | 0 |
| May 15, 2023 |
10-Q filing | 9.5M shares outstanding |
9.5M | 0 |
| Apr 17, 2023 |
10-K filing | 9.3M shares outstanding |
9.3M | 0 |
| Nov 14, 2022 |
10-Q filing | 9.5M shares outstanding |
9.5M | 0 |
| Aug 15, 2022 |
10-Q filing | 9.2M shares outstanding |
9.2M | 0 |
| May 13, 2022 |
10-Q filing | 7.0M shares outstanding |
7M | 0 |
| Apr 07, 2022 |
POS AM filing: This prospectus relates to the offer and sale by FGI Industries Ltd. of up to (i) 2,500,000 ordinary shares underlying Investor Warrants that are issuable at a price of $6.00 per ordinary share and (ii) 50,000 ordinary shares underlying Representatives' Warrants that are issuable at a price of $6.00 per ordinary share, in each case from time to time upon exercise of such warrants. |
9.5M | 0 |
| Jan 27, 2022 |
8-K filing: FGI Industries Ltd. closed its initial public offering of 2,500,000 units at $6.00 per unit, with each unit consisting of one ordinary share and one warrant, and the underwriters exercised their option to purchase an additional 375,000 warrants. ($15.0M proceeds) |
9.5M | 2.5M |
| Jan 18, 2022 |
S-1/A filing: Initial public offering of units, each unit consisting of one ordinary share of FGI Industries Ltd. and one warrant to purchase one of our ordinary shares. |
9.5M | 2.5M |
| Jan 11, 2022 |
S-1/A filing: FGI Industries Ltd. is offering 2,500,000 ordinary shares in its initial public offering, with an expected price between $6.00 and $8.00 per share. |
9.5M | 2.5M |
| Jan 03, 2022 |
S-1/A filing: FGI Industries Ltd. is offering 2,500,000 ordinary shares in an initial public offering with an expected price between $6.00 and $8.00 per share. |
9.5M | 2.6M |
| Nov 12, 2021 |
S-1/A filing: This is an S-1/A filing for an initial public offering of ordinary shares. The company has applied to list its ordinary shares on the Nasdaq Capital Market under the symbol "FGI". |
N/A | 0 |
| Oct 04, 2021 |
S-1/A filing: This S-1/A filing relates to an initial public offering of ordinary shares by FGI Industries Ltd. |
N/A | 0 |
| Sep 10, 2021 |
S-1 filing: This is an S-1 filing for the initial public offering of FGI Industries Ltd. ordinary shares. |
N/A | 0 |