Gelteq Ltd (GELS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: July 01, 2025

Risk Assessment Details

Potential Dilution: 72.24% of current shares
Recent Dilution: 22.51% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
10M
Potential Supply
7.2M
Additional shares possible
Splits
None
Past 2 years

Summary

GELS currently has 10M outstanding shares. with significant dilution risk as 7.24M authorized shares could dilute existing holders by 72.2%. The company has diluted shareholders by 22.51% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jul 01, 2025

F-1 filing: This is an F-1 filing registering 4,000,000 Ordinary Shares for resale, including 175,000 Commitment Shares already issued, under a purchase agreement allowing sales of up to $12.0 million to Lincoln Park, with potential registration of additional shares to meet the total commitment.

10M 7.2M
Nov 15, 2024

20-F filing | 9.4M shares outstanding

9.4M 3.2M
Jul 15, 2024

F-1 filing: This F-1 filing details an offering of Ordinary Shares, including shares offered in an initial public offering, shares offered by selling shareholders, and an over-allotment option for underwriters.

8.1M 3.2M
Jun 28, 2024

POS AM filing: This POS AM filing from 2024-06-28 details an offering of Ordinary Shares at USD$5.00 per share, including shares offered by selling shareholders and an over-allotment option.

8.1M 0
Aug 30, 2022

F-1 filing: This F-1 filing outlines the terms of an initial public offering of Ordinary Shares at $5.00 per share, with 1,300,000 shares offered initially and an additional 195,000 shares available through an over-allotment option. The company intends to list the Ordinary Shares on the Nasdaq Capital Market under the symbol "GELS."

7.4M 1.5M
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