IMPACT BIOMEDICAL INC. (IBO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 12, 2026

Risk Assessment Details

Potential Dilution: 9.65% of current shares
Recent Dilution: 787.6% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
110M
Potential Supply
10M
Additional shares possible
Splits
None
Past 2 years

Summary

IBO currently has 108M outstanding shares. with limited dilution risk as only 10.4M additional shares (9.7%) are authorized for issuance. The company has significantly diluted shareholders by 787.6% 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 | 107.8M shares outstanding

110M 10M
Nov 07, 2025

10-Q filing | 104.6M shares outstanding

100M 10M
Oct 27, 2025

8-K filing: DSS BioHealth Security, Inc. converted Series A Convertible Preferred Stock into 60,496,041 shares of Impact BioMedical Inc.'s common stock.

12M 10M
Aug 14, 2025

10-Q filing | 12.2M shares outstanding

12M 10M
May 14, 2025

10-Q filing | 12.1M shares outstanding

12M 10M
Mar 28, 2025

8-K filing: Impact BioMedical Inc. settled $8,697,142.80 of outstanding indebtedness with DSS, Inc. through the issuance of 2,415,873 shares of common stock at $3.60 per share.

12M 10M
Mar 28, 2025

10-K filing | 12.1M shares outstanding

12M 10M
Nov 12, 2024

10-Q filing | 11.5M shares outstanding

12M 10M
Sep 17, 2024

8-K filing: Impact Biomedical Inc. closed a firm commitment initial public offering of 1,500,000 shares of common stock at $3.00 per share, resulting in net proceeds of approximately $3,764,500.00 after deducting discounts, expenses allowance and expenses. ($4.5M proceeds)

10M 10M
Aug 20, 2024

S-1/A filing: This S-1/A filing details Impact BioMedical, Inc.'s initial public offering of 1,500,000 shares of common stock, with an expected price range of $3.00 to $5.00 per share, and grants the underwriters an option to purchase an additional 225,000 shares.

10M 10M
Aug 13, 2024

10-Q filing | 10.0M shares outstanding

10M 11M
Aug 09, 2024

S-1/A filing: The Registration Statement pertains to a firm commitment initial public offering and relates to the issuance and sale by the Company of shares of common stock and representative's warrants.

10M 11M
Jun 11, 2024

S-1/A filing: This is an S-1/A filing for an initial public offering of 1,500,000 shares of common stock of Impact BioMedical, Inc., with an anticipated initial public offering price between $3.00 and $5.00 per share.

10M 11M
May 10, 2024

10-Q filing | 10.0M shares outstanding

10M 11M
Feb 28, 2024

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock, subject to completion, with Aegis Capital Corp. as the underwriter. The company intends to offer 2,000,000 shares of common stock with an anticipated price between $3.00 and $5.00 per share.

10M 11M
Feb 20, 2024

10-K filing | 10.0M shares outstanding

10M 11M
Nov 21, 2023

S-1/A filing: This S-1/A filing, dated 2023-11-21, is for an initial public offering of 2,000,000 shares of common stock of Impact BioMedical, Inc., with an anticipated initial public offering price between $3.00 and $5.00 per share, and includes an underwriter option to purchase an additional 300,000 shares.

10M 11M
Nov 13, 2023

10-Q filing | 10.0M shares outstanding

10M 8.9M
Nov 06, 2023
Stock Split

8-K filing: Impact BioMedical, Inc. completed a share exchange agreement with DSS BioHealth Security, Inc. involving 60,496,091 shares of common stock for Series A Convertible Preferred Stock, and effected a 1-for-55 reverse stock split on October 31, 2023.

10M 11M
Nov 01, 2023

S-1/A filing: This S-1/A filing pertains to a firm commitment initial public offering of 2,000,000 shares of common stock of Impact BioMedical, Inc., with an anticipated initial public offering price between $3.00 and $5.00 per share. The company intends to apply to list its shares on the NYSE American under the symbol "[__]".

10M 490M
Oct 17, 2023

S-1 filing: This is a filing for an initial public offering of common stock, subject to completion, with Aegis Capital Corp. as the underwriter. The company is also issuing warrants to the underwriter.

3.9B 490M
Oct 05, 2023

10-Q filing | 3877.3M shares outstanding

3.9B 490M
Aug 01, 2023

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders.

3.9B 490M
Jul 24, 2023

S-1/A filing: This is an S-1/A filing for the distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders. DSS plans to distribute approximately 485,161,488 shares of Impact BioMedical Inc. common stock to holders of DSS common stock.

3.9B 490M
Jun 30, 2023

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders.

3.9B 490M
Jun 21, 2023

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders as of June 30, 2023.

3.9B 490M
Jun 02, 2023

S-1/A filing: This S-1/A filing pertains to the planned distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders. DSS plans to distribute approximately 486,706,712 shares of Impact common stock to holders of DSS common stock as of June 30, 2023. Immediately prior to the Distribution, DSS will beneficially hold 3,877,282,251 of the issued and outstanding shares of common stock.

3.9B 490M
May 15, 2023

S-1/A filing: This S-1/A filing relates to the planned distribution of Impact BioMedical Inc. common stock to DSS, Inc. stockholders. DSS plans to distribute approximately 486,706,712 shares of Impact common stock to DSS common stockholders as of June 30, 2023, excluding shares held by the Chairman of the Board and his affiliates. Immediately prior to the distribution, DSS will beneficially hold 3,877,282,251 shares of Impact's common stock.

3.9B 490M
Jan 09, 2023

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders through a distribution by DSS BioHealth Security, Inc., a wholly-owned subsidiary of DSS.

130M 0
Dec 07, 2022

S-1/A filing: This S-1/A filing describes a planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders through a wholly-owned subsidiary.

130M 0
Aug 24, 2022

S-1/A filing: This S-1/A filing pertains to the planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders. Immediately prior to the distribution, DSS will beneficially hold 100%, or 125,073,621 of the issued and outstanding shares of our Common Stock.

130M 0
Aug 02, 2022

S-1/A filing: This S-1/A filing pertains to the planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders, held by DSS through its subsidiary DSS BioHealth Security, Inc.

130M 0
Jul 11, 2022

S-1/A filing: This S-1/A filing relates to the planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders.

130M 0
Jun 24, 2022

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical, Inc. common stock to DSS stockholders through DSS BioHealth Security, Inc.

130M 0
Sep 29, 2021

S-1/A filing: This S-1/A filing describes the planned distribution of Impact BioMedical, Inc. common stock by Document Security Systems, Inc. to its stockholders.

N/A 0
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