FRACTYL HEALTH, INC. (GUTS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 12, 2026

Risk Assessment Details

Potential Dilution: 40.45% of current shares
Recent Dilution: 197.91% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
160M
Potential Supply
64M
Additional shares possible
Splits
None
Past 2 years

Summary

GUTS currently has 158M outstanding shares. with moderate dilution risk from 64.1M authorized shares representing 40.4% potential dilution. The company has significantly diluted shareholders by 197.91% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 12, 2026

10-Q filing | 158.5M shares outstanding

160M 64M
Mar 24, 2026

10-K filing | 158.6M shares outstanding

160M 64M
Nov 12, 2025

10-Q filing | 137.0M shares outstanding

140M 64M
Aug 12, 2025

10-Q filing | 49.0M shares outstanding

49M 64M
May 13, 2025

10-Q filing | 48.9M shares outstanding

49M 64M
Mar 13, 2025

S-3/A filing: Fractyl Health, Inc. is offering up to $300,000,000 in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings.

49M 64M
Mar 03, 2025

10-K filing | 48.9M shares outstanding

49M 64M
Mar 03, 2025

S-3 filing: Fractyl Health, Inc. is offering and selling up to $300,000,000 in the aggregate of common stock, preferred stock, and debt securities.

49M 64M
Nov 12, 2024

10-Q filing | 48.0M shares outstanding

48M 0
Aug 14, 2024

10-Q filing | 47.9M shares outstanding

48M 0
May 13, 2024

10-Q filing | 47.9M shares outstanding

48M 0
Dec 14, 2023

S-1 filing: The company issued warrants to purchase shares of common stock in connection with the issuance of amended and restated convertible notes.

N/A 0
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