Global Blue Group Holding AG (GB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: June 04, 2025

Risk Assessment Details

Potential Dilution: 122.61% of current shares
Recent Dilution: 40.68% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
200M
Potential Supply
240M
Additional shares possible
Splits
None
Past 2 years

Summary

GB currently has 199M outstanding shares. with significant dilution risk as 244M authorized shares could dilute existing holders by 122.6%. The company has significantly diluted shareholders by 40.68% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 04, 2025

20-F filing | 199.4M shares outstanding

200M 240M
Sep 12, 2024

F-3 filing: Global Blue Group Holding AG files an F-3 registration statement to register (i) the Unsold Securities registered for resale by the selling securityholders and (ii) an additional 4,092,072 ordinary shares registered for resale.

280M 240M
Jun 10, 2024

F-3 filing: This F-3 filing registers 18,181,818 ordinary shares for resale by the selling securityholder. The company will not receive any proceeds from these sales. The company's ordinary shares are listed on the New York Stock Exchange (the "NYSE") under the symbol "GB".

280M 18M
Jun 05, 2024

20-F filing | 199.6M shares outstanding

200M 0
Aug 28, 2023

F-3 filing: The filing relates to an F-3 form for the offering of ordinary shares by the company, with the intention to use the net proceeds from the sales of ordinary shares as set forth in the applicable prospectus supplement and/or free writing prospectus.

190M 0
Jun 28, 2023

20-F filing | 189.9M shares outstanding

190M 0
Oct 13, 2022

F-3 filing: This F-3 filing relates to the offering and sale of securities by a selling securityholder from time to time.

180M 0
Jun 29, 2022

20-F filing | 180.6M shares outstanding

180M 0
Aug 31, 2021

F-3 filing: The filing is an F-3 registration statement for the offering of securities by selling securityholders.

180M 0
Jul 01, 2021

POS AM filing: This is a POS AM filing related to Global Blue's ordinary shares, with certain PIPE investors committing to subscribe for shares at $10.00 per share.

180M 0
Jun 28, 2021

20-F filing | 180.5M shares outstanding

180M 63M
Mar 23, 2021

F-1 filing: This is an F-1 filing describing the organization and business operations of Far Point Acquisition Corporation, including details of its Initial Public Offering of 63,250,000 units at $10.00 per unit.

17M 63M
Sep 18, 2020

F-1 filing: This is an F-1 filing detailing the expenses associated with the offer and sale of ordinary shares by selling securityholders, including SEC registration fees, legal fees, accounting fees, printing expenses, and miscellaneous expenses, with a total estimated cost of $1,179,190.30.

17M 0
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