Himalaya Shipping Ltd. (HSHP) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

Medium Risk

Moderate dilution risk

Last updated: June 12, 2026

Risk Assessment Details

Potential Dilution: 57.82% of current shares

Recent Dilution: 4.82% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

46M

Potential Supply

27M

Additional shares possible

Splits

None

Past 2 years

Summary

HSHP currently has 46M outstanding shares. with significant dilution risk as 26.6M authorized shares could dilute existing holders by 57.8%. The company has minimally diluted shareholders by 4.82% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding	Supply
Jun 12, 2026	F-3 filing: The company is filing a shelf registration statement to offer various securities, including common shares, preference shares, debt securities, warrants, subscription rights, purchase contracts, and purchase units, with an aggregate offering price not to exceed $200,000,000, and also registering the resale of 13,029,338 common shares by a selling securityholder.	46M	27M
Mar 12, 2026	20-F filing \| 46.0M shares outstanding	46M	0
Mar 26, 2025	20-F filing \| 43.9M shares outstanding	44M	0
Mar 27, 2024	20-F filing \| 43.9M shares outstanding	44M	0
Mar 07, 2023	F-1 filing: This is an F-1 filing for Himalaya Shipping Ltd. including information on underwriters, indemnification of directors and officers, recent sales of unregistered securities, share capital, use of proceeds, conflicts of interest, dividend policy, lock-up agreements, risk factors, and financial information.	32M	0

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