Foghorn Therapeutics Inc. (FHTX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 13.39% of current shares
Recent Dilution: 14.59% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
59M
Potential Supply
7.9M
Additional shares possible
Splits
None
Past 2 years

Summary

FHTX currently has 58.7M outstanding shares. with limited dilution risk as only 7.86M additional shares (13.4%) are authorized for issuance. The company has diluted shareholders by 14.59% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 58.7M shares outstanding

59M 7.9M
Nov 05, 2025

10-Q filing | 56.6M shares outstanding

57M 7.9M
Aug 05, 2025

10-Q filing | 56.5M shares outstanding

57M 7.9M
May 14, 2025

10-Q filing | 55.7M shares outstanding

56M 7.9M
Mar 06, 2025

10-K filing | 54.9M shares outstanding

55M 7.9M
Jan 24, 2025

S-3 filing: This is an S-3 filing for a universal shelf offering of common stock, preferred stock, warrants, and units, with a total aggregate offering price of $300,000,000.

56M 7.9M
Nov 04, 2024

10-Q filing | 55.6M shares outstanding

56M 7.9M
Aug 08, 2024

10-Q filing | 51.6M shares outstanding

52M 7.9M
May 06, 2024

10-Q filing | 42.4M shares outstanding

42M 7.9M
Mar 07, 2024

10-K filing | 42.0M shares outstanding

42M 7.9M
Nov 02, 2023

10-Q filing | 42.0M shares outstanding

42M 7.9M
Aug 04, 2023

10-Q filing | 41.8M shares outstanding

42M 7.9M
May 08, 2023

10-Q filing | 41.8M shares outstanding

42M 7.9M
Mar 09, 2023

10-K filing | 41.6M shares outstanding

42M 7.9M
Nov 08, 2022

10-Q filing | 41.7M shares outstanding

42M 7.9M
Aug 09, 2022

10-Q filing | 41.5M shares outstanding

42M 7.9M
May 09, 2022

10-Q filing | 41.4M shares outstanding

41M 7.9M
Mar 10, 2022

10-K filing | 41.4M shares outstanding

41M 7.9M
Feb 14, 2022

S-3 filing: This is an S-3 filing for newly registered securities including common stock, preferred stock, warrants, and units with a total offering amount of $300,000,000.

37M 7.9M
Dec 13, 2021

8-K filing: Foghorn Therapeutics Inc. sold 4,000,000 shares of common stock to Eli Lilly and Company at $20.00 per share for an aggregate purchase price of $80,000,000 on December 10, 2021. ($80.0M proceeds)

37M 7.9M
Nov 09, 2021

10-Q filing | 37.0M shares outstanding

37M 7.9M
Aug 10, 2021

10-Q filing | 36.8M shares outstanding

37M 7.9M
May 11, 2021

10-Q filing | 36.8M shares outstanding

37M 7.9M
Mar 18, 2021

10-K filing | 3.5M shares outstanding

3.5M 7.9M
Dec 04, 2020

10-Q filing | 5.4M shares outstanding

5.4M 7.9M
Oct 22, 2020

S-1/A filing: This S-1/A filing includes information about a common stock offering with an option for underwriters to purchase additional shares. The company estimates net proceeds of approximately $107.8 million from the sale of common stock at an initial public offering price of $16.00 per share.

36M 7.9M
Oct 19, 2020

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock, with an option for underwriters to purchase additional shares.

36M 8.6M
Oct 02, 2020

S-1 filing: This is an S-1 filing related to an initial public offering of common stock.

12M 0
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