Humacyte, Inc. (HUMA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
HUMA currently has 222M outstanding shares. with limited dilution risk as only 22.8M additional shares (10.3%) are authorized for issuance. The company has significantly diluted shareholders by 69.38% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 13, 2026 |
10-Q filing | 222.0M shares outstanding |
220M | 23M |
| Mar 19, 2026 |
8-K filing: Humacyte, Inc. entered into securities purchase agreements to issue and sell 25,000,000 shares of common stock at $0.80 per share in a registered direct offering. ($18.4M proceeds) |
190M | 23M |
| Nov 12, 2025 |
10-Q filing | 187.3M shares outstanding |
190M | 23M |
| Sep 12, 2025 |
S-3 filing: Humacyte, Inc. is offering and selling up to $350,000,000 in the aggregate of common stock, preferred stock, warrants, debt securities, subscription rights and units, either individually or in combination, from time to time. |
160M | 23M |
| May 13, 2025 |
10-Q filing | 155.1M shares outstanding |
160M | 23M |
| Mar 31, 2025 |
10-K filing | 155.1M shares outstanding |
160M | 23M |
| Mar 26, 2025 |
8-K filing: Humacyte, Inc. entered into an underwriting agreement for the issuance and sale of 25,000,000 shares of common stock at $2.00 per share, with an option for the underwriters to purchase an additional 3,750,000 shares. ($46.6M proceeds) |
120M | 23M |
| Nov 14, 2024 |
8-K filing: Humacyte, Inc. entered into a securities purchase agreement to issue and sell 2,808,988 shares of common stock and warrants to purchase up to 2,808,988 shares of common stock in a registered direct offering at a price of $5.34 per share and accompanying warrant, expected to close on November 15, 2024. |
120M | 31M |
| Nov 08, 2024 |
10-Q filing | 119.4M shares outstanding |
120M | 31M |
| Oct 07, 2024 |
8-K filing: Humacyte, Inc. entered into a securities purchase agreement to issue and sell 5,681,820 shares of common stock and warrants to purchase up to 5,681,820 shares of common stock in a registered direct offering at a price of $5.28 per share and accompanying warrant, with the offering expected to close on October 7, 2024. |
120M | 31M |
| Sep 25, 2024 |
8-K filing: Humacyte, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing the company to sell up to $50,000,000 of its common stock to Lincoln Park, subject to certain limitations and conditions. |
120M | 31M |
| Aug 13, 2024 |
10-Q filing | 119.2M shares outstanding |
120M | 31M |
| May 13, 2024 |
10-Q filing | 108.2M shares outstanding |
110M | 31M |
| Mar 28, 2024 |
10-K filing | 119.1M shares outstanding |
120M | 31M |
| Mar 04, 2024 |
8-K filing: Humacyte, Inc. entered into an underwriting agreement for the issuance and sale of 13,400,000 shares of its common stock at $3.00 per share, with an option for the underwriters to purchase an additional 2,010,000 shares. ($46.23M proceeds) |
100M | 31M |
| Nov 09, 2023 |
10-Q filing | 103.4M shares outstanding |
100M | 31M |
| Aug 14, 2023 |
10-Q filing | 103.4M shares outstanding |
100M | 31M |
| Jun 09, 2023 |
S-3 filing: The filing relates to the potential issuance of up to 1,333,334 shares of common stock upon exercise of an option, with the company potentially receiving up to $10,000,000 in proceeds. |
100M | 31M |
| May 12, 2023 |
10-Q filing | 103.3M shares outstanding |
100M | 30M |
| Mar 24, 2023 |
10-K filing | 103.1M shares outstanding |
100M | 30M |
| Nov 10, 2022 |
10-Q filing | 103.0M shares outstanding |
100M | 30M |
| Sep 12, 2022 |
POS AM filing: Post-Effective Amendment No. 3 is being filed to terminate the effectiveness of the Original Registration Statement and to deregister all the Registered Shares that remain unsold under the Original Registration Statement. |
100M | 30M |
| Sep 01, 2022 |
S-3 filing: The filing is an S-3 form for an at-the-market offering of common stock with an aggregate offering price of up to $80,000,000. The company intends to use the net proceeds from this offering to fund the continued development of the product candidates in their pipeline and for working capital and general corporate purposes. |
100M | 120M |
| Sep 01, 2022 |
S-3 filing: This S-3 filing includes the offering of up to 5,177,500 shares of common stock issuable upon the exercise of warrants and up to 89,716,840 shares of common stock by selling stockholders. |
100M | 120M |
| Aug 12, 2022 |
10-Q filing | 103.0M shares outstanding |
100M | 22M |
| May 13, 2022 |
10-Q filing | 103.0M shares outstanding |
100M | 22M |
| Mar 30, 2022 |
POS AM filing: This POS AM filing relates to the issuance of up to 5,177,500 shares of common stock upon exercise of warrants and the offer and sale of up to 89,706,840 shares of common stock by selling stockholders. |
100M | 22M |
| Mar 29, 2022 |
10-K filing | 103.0M shares outstanding |
100M | 22M |
| Nov 19, 2021 |
POS AM filing: This POS AM filing relates to the issuance of up to 5,177,500 shares of common stock upon exercise of warrants and the resale of up to 90,006,840 shares of common stock by selling stockholders. |
100M | 22M |
| Nov 15, 2021 |
10-Q filing | 103.0M shares outstanding |
100M | 120M |
| Oct 22, 2021 |
S-1/A filing: This S-1/A filing registers shares of common stock offered by the company and selling stockholders, including shares issuable upon the exercise of warrants and shares subject to lock-up agreements. |
100M | 120M |
| Sep 17, 2021 |
S-1 filing: This S-1 filing relates to the issuance of up to 5,177,500 shares of common stock issuable upon exercise of warrants and the offer and sale of up to 90,069,340 shares of common stock by selling stockholders. |
100M | 120M |
| Aug 16, 2021 |
10-Q filing | 10.4M shares outstanding |
10M | 22M |
| May 17, 2021 |
10-Q filing | 10.4M shares outstanding |
10M | 22M |
| Feb 17, 2021 |
8-K filing: Alpha Healthcare Acquisition Corp. entered into a business combination agreement with Humacyte, Inc., involving the acquisition of Humacyte in exchange for Alpha Healthcare's Class A common stock and potential additional shares based on stock performance after the closing of the Business Combination. ($175.0M proceeds) |
10M | 22M |
| Feb 16, 2021 |
10-K filing | 10.4M shares outstanding |
10M | 22M |
| Nov 13, 2020 |
10-Q filing | 10.4M shares outstanding |
10M | 22M |
| Sep 22, 2020 |
8-K filing: Alpha Healthcare Acquisition Corp. completed its initial public offering of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000, and simultaneously completed the private sale of 355,000 units to the Sponsor, Oppenheimer and Northland at $10.00 per unit, generating gross proceeds of $3,550,000. ($103.55M proceeds) |
2.9M | 22M |
| Sep 14, 2020 |
S-1/A filing: Initial public offering of units, each consisting of one share of Class A common stock and one-half of one redeemable warrant, to effect a business combination in the healthcare industry. |
2.9M | 22M |
| Sep 01, 2020 |
S-1/A filing: Initial public offering of 10,000,000 units at $10.00 per unit, each unit consisting of one share of Class A common stock and one-half of one redeemable warrant. |
2.9M | 15M |
| Aug 04, 2020 |
S-1 filing: Initial public offering of units, each consisting of one share of Class A common stock and one-half of one redeemable warrant, to raise funds for a business combination in the healthcare industry. |
2.9M | 22M |