iBio, Inc. (IBIO) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
IBIO currently has 34.5M outstanding shares. with moderate dilution risk from 9.54M authorized shares representing 27.6% potential dilution. The company has significantly diluted shareholders by 177.24% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 12, 2026 |
10-Q filing | 34.5M shares outstanding |
35M | 9.5M |
| Apr 08, 2026 |
8-K filing: iBio, Inc. announced the potential issuance of shares of common stock upon the exercise of outstanding Series G warrants. |
33M | 12M |
| Jan 30, 2026 |
S-3 filing: This prospectus relates to the resale from time to time of up to 11,061,738 shares of common stock of iBio, Inc. |
33M | 12M |
| Nov 12, 2025 |
10-Q filing | 20.3M shares outstanding |
20M | 13M |
| Sep 05, 2025 |
10-K filing | 19.3M shares outstanding |
19M | 14M |
| Aug 21, 2025 |
8-K filing: iBio, Inc. entered into an underwriting agreement for the offering, issuance, and sale of pre-funded warrants to purchase 71,540,000 shares of common stock and accompanying Series G warrants to purchase up to 35,770,000 shares of common stock and Series H warrants to purchase up to 35,770,000 shares of common stock at a combined public offering price of $0.699 per Pre-Funded Warrant and accompanying Series G Warrant, expecting gross proceeds of approximately $50 million. ($50.0M proceeds) |
16M | 17M |
| Jun 13, 2025 |
S-3 filing: This prospectus relates to the resale from time to time of up to 11,253,370 shares of common stock, par value $0.001 per share of iBio, Inc., that are issuable upon exercise of warrants, held by the Selling Stockholders. |
16M | 17M |
| May 02, 2025 |
10-Q filing | 9.9M shares outstanding |
9.9M | 12M |
| Feb 10, 2025 |
10-Q filing | 9.1M shares outstanding |
9.1M | 13M |
| Jan 31, 2025 |
S-3 filing: This S-3 filing relates to the resale of up to 246,087 shares of common stock by a selling stockholder, acquired through an exclusive license agreement. The company will not receive any proceeds from the sale. |
9.8M | 12M |
| Nov 12, 2024 |
10-Q filing | 8.6M shares outstanding |
8.6M | 13M |
| Sep 20, 2024 |
10-K filing | 8.6M shares outstanding |
8.6M | 13M |
| Jul 25, 2024 |
S-3/A filing: The company may offer and sell up to $150,000,000 of any combination of common stock, preferred stock, debt securities, warrants or units described in the prospectus. |
8.6M | 13M |
| Jul 03, 2024 |
S-3 filing: The company may offer and sell up to $150,000,000 of any combination of common stock, preferred stock, debt securities, warrants or units. |
8.6M | 85M |
| May 20, 2024 |
8-K filing: iBio CDMO will pay Woodforest National Bank the proceeds of the sale of property under the Purchase and Sale Agreement when received and the Company will issue to Lender a pre-funded warrant for 1,560,570 shares of the Company's common stock. |
8.5M | 9.6M |
| May 13, 2024 |
10-Q filing | 8.5M shares outstanding |
8.5M | 9.6M |
| Apr 16, 2024 |
S-3 filing: This S-3 filing relates to the resale of up to 10,574,556 shares of common stock by selling stockholders, including shares issuable upon exercise of pre-funded warrants and Series E common warrants. |
8.6M | 9.5M |
| Apr 01, 2024 |
8-K filing: iBio, Inc. closed a private placement on April 1, 2024, issuing 2,701,315 shares of common stock, pre-funded warrants to purchase up to 2,585,963 shares, and Series E warrants to purchase up to 5,287,278 shares, for gross proceeds of approximately $15.1 million and net proceeds of approximately $14.1 million. ($15.1M proceeds) |
8.5M | 0 |
| Feb 09, 2024 |
10-Q filing | 3.2M shares outstanding |
3.2M | 4.3M |
| Dec 08, 2023 |
8-K filing: iBio, Inc. closed a public offering on December 7, 2023, involving the sale of 600,000 shares of common stock and 1,650,000 pre-funded warrants, along with Series C and Series D common warrants, resulting in approximately $4.5 million in gross proceeds. ($4.5M proceeds) |
1.4M | 6.1M |
| Nov 30, 2023 |
S-1/A filing: The company is offering up to 1,790,281 shares of common stock, Series C common warrants, Series D common warrants, and pre-funded warrants on a best efforts basis. |
1.4M | 6.1M |
| Nov 29, 2023 |
Stock Split
8-K filing: Stock split 1-for-20 | Outstanding: 27,653,582 → 1,405,036 |
1.4M | 0 |
| Nov 14, 2023 |
10-Q filing | 27.7M shares outstanding |
28M | 0 |
| Oct 27, 2023 |
S-1 filing: The company is offering shares of its common stock, common warrants, and pre-funded warrants on a best efforts basis. |
28M | 0 |
| Sep 29, 2023 |
POS AM filing: This prospectus relates to the offering of common stock issuable upon exercise of warrants. |
28M | 0 |
| Sep 27, 2023 |
10-K filing | 27.6M shares outstanding |
28M | 0 |
| Aug 07, 2023 |
8-K filing: iBio, Inc. amended the exercise price with certain holders of Series A and Series B Warrants that were acquired from the Company in the underwritten public offering completed in December 2022, lowering the exercise price of the warrants to $0.50 per share. |
13M | 0 |
| Aug 07, 2023 |
S-1 filing: The filing is an S-1 registration statement for up to 4,474,945 shares of common stock to be offered to Lincoln Park Capital under a purchase agreement, with the possibility of issuing additional shares up to $10 million. |
23M | 0 |
| Aug 04, 2023 |
8-K filing: iBio, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, for the potential sale of up to $10.0 million of the Company's common stock, and issued 211,473 shares of Common Stock to Lincoln Park as commitment shares. |
13M | 0 |
| May 15, 2023 |
10-Q filing | 13.2M shares outstanding |
13M | 0 |
| Feb 14, 2023 |
10-Q filing | 12.4M shares outstanding |
12M | 0 |
| Dec 08, 2022 |
8-K filing: iBio, Inc. entered into an underwriting agreement with H.C. Wainwright & Co., LLC to sell 1,530,769 shares of Common Stock and pre-funded warrants to purchase up to 1,834,616 shares of Common Stock in a firm commitment underwritten offering. ($3.5M proceeds) |
8.8M | 0 |
| Nov 14, 2022 |
10-Q filing | 8.8M shares outstanding |
8.8M | 0 |
| Oct 11, 2022 |
10-K filing | 8.7M shares outstanding |
8.7M | 0 |
| Oct 07, 2022 |
Stock Split
8-K filing: Stock split 1-for-25 | Outstanding: 218,096,000 → 9,006,583 |
9M | 0 |
| Sep 21, 2022 |
8-K filing: iBio, Inc. acquired RubrYc Therapeutics' assets for 2,558,854 shares of common stock valued at approximately $1,000,000, with potential additional payments of up to $5,000,000 in cash or shares upon achievement of milestones. ($1.0M proceeds) |
220M | 0 |
| May 13, 2022 |
8-K filing: iBio, Inc. entered into a Series 2022 Convertible Preferred Stock Purchase Agreement to issue 1,000 shares of Series 2022 Convertible Preferred Stock at $0.27 per share and plans to call a special meeting of stockholders to consider a proposal for a 1-for-25 reverse stock split. ($0.0M proceeds) |
220M | 0 |
| May 12, 2022 |
8-K filing: iBio, Inc. entered into a Purchase Agreement to issue 1,000 shares of Series 2022 Convertible Preferred Stock at $0.27 per share, and plans to seek stockholder approval for a 1-for-25 reverse stock split. ($0.0M proceeds) |
220M | 0 |
| May 12, 2022 |
10-Q filing | 218.1M shares outstanding |
220M | 0 |
| Feb 14, 2022 |
10-Q filing | 217.9M shares outstanding |
220M | 0 |
| Nov 15, 2021 |
10-Q filing | 217.9M shares outstanding |
220M | 0 |
| Sep 28, 2021 |
10-K filing | 217.9M shares outstanding |
220M | 0 |
| Aug 27, 2021 |
8-K filing: iBio, Inc. entered into a series of agreements with RubrYc Theraputics, Inc., including a Collaboration and License Agreement, a Collaboration, Option and License Agreement, and a Stock Purchase Agreement, involving a $5 million investment in RubrYc for preferred stock and exclusive licenses to certain antibodies. ($5.0M proceeds) |
220M | 0 |
| May 17, 2021 |
10-Q filing | 217.9M shares outstanding |
220M | 0 |
| Feb 16, 2021 |
10-Q filing | 216.0M shares outstanding |
220M | 0 |
| Jan 12, 2021 |
8-K filing: iBio, Inc. closed an underwritten public offering and issued additional shares to satisfy the underwriter's option exercise, generating total gross proceeds of approximately $37.1 million. ($41.7M proceeds) |
180M | 0 |
| Dec 10, 2020 |
8-K filing: iBio, Inc. closed its underwritten public offering of 29,661,017 shares of common stock on December 10, 2020. |
180M | 0 |
| Dec 09, 2020 |
8-K filing: iBio, Inc. entered into an underwriting agreement with Cantor Fitzgerald & Co. to issue and sell 29,661,017 shares of common stock at a price of $1.0955 per share, with the underwriter having an option to purchase up to an additional 4,449,152 shares, resulting in net proceeds to the company of approximately $32.3 million. ($32.3M proceeds) |
180M | 0 |
| Nov 25, 2020 |
S-3 filing: The filing is an S-3 shelf registration for the offering of common stock, preferred stock, and debt securities with a total proposed amount of $200,000,000. |
180M | 1.8M |
| Nov 25, 2020 |
8-K filing: IBio, Inc. entered into a Controlled Equity OfferingSM Sales Agreement with Cantor Fitzgerald & Co. to sell shares of the Company's common stock, and terminated the Equity Distribution Agreement with UBS Securities LLC, having sold 30,184,399 shares for $72 million. ($72.0M proceeds) |
180M | 0 |
| Nov 16, 2020 |
10-Q filing | 182.1M shares outstanding |
180M | 0 |
| Oct 13, 2020 |
10-K filing | 180.3M shares outstanding |
180M | 0 |
| Aug 13, 2020 |
8-K filing: iBio, Inc. reports 174,415,206 shares of common stock outstanding as of August 12, 2020, after Eastern Capital Limited converted 5,785 shares of Series B Preferred Stock into 28,925,000 shares of common stock at a conversion price of $0.20. |
170M | 0 |
| Jul 29, 2020 |
8-K filing: iBio, Inc. amended its equity distribution agreement with UBS Securities LLC, increasing the potential sale of common stock to $72,000,000. It also terminated a purchase agreement with Lincoln Park Capital Fund, LLC, after issuing 20,288,840 shares. ($71.53M proceeds) |
120M | 0 |
| May 15, 2020 |
10-Q filing | 118.4M shares outstanding |
120M | 28M |
| May 14, 2020 |
8-K filing: iBio, Inc. entered into a purchase agreement to sell 1,000,000 shares of common stock to Lincoln Park Capital Fund, LLC at $1.09 per share for $1,090,000. ($1.09M proceeds) |
100M | 45M |
| Mar 20, 2020 |
8-K filing: iBio, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing the Company to sell up to $50,000,000 in shares of common stock to Lincoln Park over a 36-month term, and issued 815,827 shares of common stock to Lincoln Park as consideration for their commitments. |
100M | 45M |
| Mar 13, 2020 |
S-3/A filing: The company may from time to time issue up to $100,000,000 in aggregate principal amount of its common stock, preferred stock, warrants and/or units. |
76M | 70M |
| Feb 28, 2020 |
S-3 filing: The company is filing an S-3 to register the offering of up to $100,000,000 in aggregate principal amount of common stock, preferred stock, debt securities, warrants and/or units. |
76M | 610M |
| Feb 21, 2020 |
8-K filing: iBio, Inc. entered into a warrant exchange and amendment agreement with certain holders to exchange warrants to purchase 15,000,000 shares of common stock for 15,000,000 newly-issued shares of common stock and promissory notes in the aggregate principal amount of $3.3 million. |
76M | 0 |
| Feb 14, 2020 |
10-Q filing | 76.2M shares outstanding |
76M | 0 |