Icon Energy Corp (ICON) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: September 12, 2025

Risk Assessment Details

Potential Dilution: 495.49% of current shares
Recent Dilution: 6053.05% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
2.2M
Potential Supply
11M
Additional shares possible
Splits
None
Past 2 years

Summary

ICON currently has 2.23M outstanding shares. with significant dilution risk as 11.1M authorized shares could dilute existing holders by 495.5%. The company has significantly diluted shareholders by 6053.05% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Sep 12, 2025

F-1 filing: This F-1 filing relates to an offering of common shares by a selling shareholder and the potential issuance of common shares to Yorkville under a Securities Equity Purchase Agreement (SEPA).

2.2M 11M
Apr 25, 2025

20-F filing | 0.0M shares outstanding

36K 11M
Jan 21, 2025

F-1 filing: This F-1 filing describes an offering of up to 4,739,336 Units, each consisting of one common share and one warrant, with an option for purchasers to buy Units including Pre-funded Warrants. It also registers the shares issuable upon exercise of the Pre-funded Warrants and Warrants.

1.5M 11M
May 14, 2024

F-1 filing: This filing relates to an F-1 form for an initial public offering including common stock and underwriters option.

1.5M 1.3M
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