Gold Royalty Corp. (GROY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
GROY currently has 170M outstanding shares. with significant dilution risk as 251M authorized shares could dilute existing holders by 147.4%. The company has diluted shareholders by 16.84% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
F-3 filing: This is a base shelf registration statement for the offering of various securities including common shares, preferred shares, warrants, subscription receipts, and debt securities with an aggregate initial offering price not to exceed $500.0 million. |
170M | 250M |
| Mar 20, 2025 |
20-F filing | 170.2M shares outstanding |
170M | 120M |
| Jul 15, 2024 |
F-3 filing: The filing is an F-3 form indicating a shelf registration to offer common shares, preferred shares, warrants, subscription receipts, debt securities or units up to an aggregate initial offering price of $250,000,000. |
150M | 120M |
| Jun 26, 2024 |
F-3 filing: This F-3 filing registers 2,906,977 common shares for resale by the selling shareholder. |
150M | 120M |
| Mar 28, 2024 |
20-F filing | 145.7M shares outstanding |
150M | 110M |
| Dec 29, 2023 |
F-3 filing: F-3 filing for the offering of common shares by Selling Shareholders, including shares issuable upon conversion of debentures. |
140M | 110M |
| Mar 27, 2023 |
20-F filing | 143.9M shares outstanding |
140M | 90M |
| Dec 27, 2022 |
20-F filing | 143.9M shares outstanding |
140M | 90M |
| Sep 27, 2022 |
F-3 filing: F-3 filing for offering of up to 9,393,681 common shares by the Selling Shareholder. |
73M | 90M |
| Jun 14, 2022 |
F-3 filing: The company filed an F-3 form to register an offering of common shares, preferred shares, warrants, subscription receipts, debt securities or units, with an aggregate offering price not to exceed $250.0 million. |
73M | 81M |
| May 13, 2022 |
RW filing: Gold Royalty Corp. requests the withdrawal of the registration statement originally filed on January 11, 2022, as they no longer intend to pursue the offering covered by the registration statement. |
73M | 0 |
| Dec 23, 2021 |
20-F filing | 72.5M shares outstanding |
73M | 0 |
| Jan 12, 2021 |
F-1 filing: Initial public offering of units, each consisting of one common share and one-half of one warrant to purchase one common share. |
N/A | 0 |