Galmed Pharmaceuticals Ltd. (GLMD) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: March 31, 2026

Risk Assessment Details

Potential Dilution: 230.98% of current shares
Recent Dilution: 431.64% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
6.6M
Potential Supply
15M
Additional shares possible
Splits
None
Past 2 years

Summary

GLMD currently has 6.56M outstanding shares. with significant dilution risk as 15.2M authorized shares could dilute existing holders by 231.0%. The company has significantly diluted shareholders by 431.64% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 31, 2026

POS AM filing: This prospectus relates to the offer and sale of up to 7,250,000 of our ordinary shares, par value NIS 1.80 per share, by YA II PN, LTD.

6.6M 15M
Mar 31, 2026

20-F filing | 6.6M shares outstanding

6.6M 23M
Aug 18, 2025

F-1 filing: This F-1 filing registers 7,500,000 ordinary shares offered by the selling shareholder YA II PN, LTD. The ordinary shares are to be issued pursuant to the Standby Equity Purchase Agreement dated August 30, 2024. The company may receive up to $20.0 million in aggregate gross proceeds from sales of their ordinary shares to YA.

5.5M 24M
Apr 02, 2025

20-F filing | 1.7M shares outstanding

1.7M 20M
Apr 02, 2025

POS AM filing: This prospectus relates to the offer and sale of up to 809,217 of our ordinary shares, par value NIS 1.80 per share, by YA II PN, LTD.

2.3M 19M
Nov 14, 2024

F-3 filing: Galmed Pharmaceuticals LTD. is filing an F-3 to offer, issue and sell from time to time up to US $200,000,000 of its ordinary shares, including in the form of warrants to purchase ordinary shares, including in the form of subscription rights, debt securities and a combination of such securities, separately or as units, in one or more offerings.

1.7M 21M
Oct 21, 2024

F-1 filing: This F-1 filing relates to the offer and sale of up to 1,000,000 ordinary shares by YA II PN, LTD. with Galmed Pharmaceuticals Ltd.

1.5M 21M
Aug 30, 2024

F-1 filing: Galmed Pharmaceuticals Ltd. is offering up to 416,667 ordinary shares through a selling shareholder, YA II PN, LTD., with the company potentially receiving up to $10 million from sales of ordinary shares to YA under a Purchase Agreement.

640K 21M
Apr 04, 2024

20-F filing | 5.0M shares outstanding

5M 16M
Nov 22, 2023

POS AM filing: This POS AM filing registers ordinary shares issuable upon exercise of placement agent warrants issued as compensation as part of a public offering in July 2023.

25M 0
Nov 01, 2023

POS AM filing: This is a POS AM filing registering ordinary shares issuable upon exercise of placement agent warrants and common warrants.

25M 0
Mar 29, 2023

20-F filing | 25.1M shares outstanding

25M 0
May 02, 2022

20-F filing | 24.6M shares outstanding

25M 0
Mar 26, 2021

F-3 filing: This is an F-3 filing to register securities for sale under a shelf registration process, including ordinary shares, warrants, subscription rights, debt securities, or a combination thereof, up to an aggregate offering price of $300,000,000 and an at the market offering of ordinary shares for up to $50,000,000.

25M 0
Mar 18, 2021

20-F filing | 21.3M shares outstanding

21M 0
Mar 12, 2020

20-F filing | 21.1M shares outstanding

21M 0
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