Guardforce AI Co., Ltd. (GFAI) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
GFAI currently has 24.4M outstanding shares. with significant dilution risk as 47.5M authorized shares could dilute existing holders by 195.1%. The company has significantly diluted shareholders by 36.75% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 21, 2026 |
20-F filing | 24.4M shares outstanding |
24M | 48M |
| Apr 28, 2025 |
20-F filing | 17.8M shares outstanding |
18M | 54M |
| Jan 14, 2025 |
F-3 filing: Guardforce AI Co., Limited files an F-3 registration statement to offer ordinary shares, debt securities, warrants, rights or units up to $300,000,000. |
18M | 54M |
| Apr 29, 2024 |
20-F filing | 9.8M shares outstanding |
9.8M | 62M |
| May 01, 2023 |
20-F filing | 1.6M shares outstanding |
1.6M | 70M |
| Jun 01, 2022 |
POS AM filing: This POS AM filing relates to 4,337,349 ordinary shares issuable upon the exercise of publicly traded warrants. |
41M | 30M |
| Apr 01, 2022 |
20-F filing | 21.2M shares outstanding |
21M | 51M |
| Feb 01, 2022 |
F-3 filing: This F-3 filing relates to the potential sale of 19,799,990 ordinary shares by selling shareholders, including shares issuable upon the exercise of warrants, with the company not receiving proceeds from the sale of ordinary shares but potentially from warrant exercises, which would be used for acquisitions, technology investments, and general working capital. |
52M | 20M |
| Dec 23, 2021 |
F-3 filing: Guardforce AI Co., Limited files an F-3 registration statement to offer ordinary shares, debt securities, warrants, rights or units up to $150,000,000. |
52M | 0 |
| Sep 29, 2021 |
6-K filing: Guardforce AI Co., Limited entered into an Underwriting Agreement for an initial public offering of 3,614,458 units at $4.15 per unit, each unit consisting of one ordinary share and a warrant to purchase one ordinary share. |
52M | 0 |
| Jul 20, 2021 |
F-1 filing: This is an F-1 filing for Guardforce AI Co., Limited, offering $15,000,000 of units, each unit consisting of one ordinary share and a warrant to purchase one-half of one ordinary share, with an estimated initial public offering price between $4 and $6 per unit. |
52M | 0 |
| Apr 29, 2021 |
20-F filing | 52.1M shares outstanding |
52M | 0 |