Generation Bio Co. (GBIO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: November 05, 2025

Risk Assessment Details

Potential Dilution: 171.52% of current shares
Recent Dilution: 1.4% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
6.7M
Potential Supply
12M
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

GBIO currently has 6.74M outstanding shares. with significant dilution risk as 11.6M authorized shares could dilute existing holders by 171.5%. The company has minimally diluted shareholders by 1.4% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 05, 2025

10-Q filing | 6.7M shares outstanding

6.7M 12M
Aug 12, 2025

10-Q filing | 6.7M shares outstanding

6.7M 12M
Jul 21, 2025
Stock Split

8-K filing: Stock split 1-for-10 | Outstanding: 67,002,511 → 6,700,251

6.7M 12M
May 07, 2025

10-Q filing | 67.0M shares outstanding

67M 120M
Mar 13, 2025

10-K filing | 66.6M shares outstanding

67M 120M
Jan 06, 2025

8-K filing: Election of Phillip Samayoa as Chief Scientific Officer and the reduction in the Company's workforce by approximately 20%.

67M 120M
Nov 06, 2024

10-Q filing | 66.7M shares outstanding

67M 120M
Aug 07, 2024

S-3 filing: Generation Bio Co. is offering securities from time to time in one or more offerings of up to $600,000,000 in aggregate offering price.

67M 120M
Aug 07, 2024

10-Q filing | 66.5M shares outstanding

67M 120M
May 13, 2024

10-Q filing | 66.4M shares outstanding

66M 19M
Mar 06, 2024

10-K filing | 64.5M shares outstanding

64M 19M
Nov 09, 2023

10-Q filing | 65.9M shares outstanding

66M 19M
Aug 02, 2023

10-Q filing | 65.7M shares outstanding

66M 19M
May 10, 2023

10-Q filing | 60.2M shares outstanding

60M 19M
Mar 23, 2023

8-K filing: Generation Bio Co. sold and issued 5,859,375 shares of its common stock to Moderna at an aggregate purchase price of $36.0 million in a completed transaction. ($36.0M proceeds)

58M 19M
Feb 23, 2023

10-K filing | 58.1M shares outstanding

58M 19M
Nov 03, 2022

10-Q filing | 58.9M shares outstanding

59M 19M
Aug 04, 2022

10-Q filing | 57.1M shares outstanding

57M 19M
May 05, 2022

10-Q filing | 57.0M shares outstanding

57M 19M
Feb 24, 2022

10-K filing | 56.3M shares outstanding

56M 19M
Feb 24, 2022

POS AM filing: Generation Bio Co. files a POS AM to offer and sell up to $600,000,000 in the aggregate of securities from time to time in one or more offerings including Debt Securities, Common Stock, and Preferred Stock.

57M 19M
Nov 10, 2021

10-Q filing | 56.9M shares outstanding

57M 19M
Aug 11, 2021

10-Q filing | 56.8M shares outstanding

57M 19M
May 12, 2021

10-Q filing | 56.6M shares outstanding

57M 19M
Mar 18, 2021

10-K filing | 46.3M shares outstanding

46M 19M
Jan 04, 2021

S-1 filing: This S-1 filing from 2021-01-04 details an offering of common stock with a proposed amount of $199.2 million and outlines the company's intention to use the net proceeds for research and development of their programs, platform technologies, and general corporate purposes.

54M 19M
Nov 10, 2020

10-Q filing | 45.6M shares outstanding

46M 11M
Aug 11, 2020

10-Q filing | 5.3M shares outstanding

5.3M 11M
Jun 11, 2020

S-1/A filing: This S-1/A filing outlines a proposed offering of common stock with an option for underwriters to purchase additional shares, intended for research and development, platform technology enhancement, and general corporate purposes.

7M 11M
Jun 08, 2020

S-1/A filing: This S-1/A filing details an offering of common stock, with 7,400,000 shares offered by the company and an option for underwriters to purchase an additional 1,110,000 shares, resulting in 41,508,104 shares outstanding after the offering, and includes information about executive compensation and agreements.

7M 15M
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