IGM Biosciences, Inc. (IGMS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: August 14, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 7.7% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
37M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

IGMS currently has 36.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 7.7% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Aug 14, 2025

POS AM filing: This is a post-effective amendment to deregister securities from previous filings S-3 registration statements due to a merger with Concentra Biosciences, LLC.

37M 0
Aug 14, 2025

POS AM filing: This is a post-effective amendment to deregister securities due to a merger with Concentra Biosciences, LLC, terminating all offerings of securities pursuant to the Registration Statements.

37M 0
Aug 14, 2025

POS AM filing: This is a Post-Effective Amendment filing to deregister securities due to a merger with Concentra Biosciences, LLC, terminating all offerings under the Registration Statements.

37M 0
Aug 14, 2025

POS AM filing: This is a post-effective amendment to deregister unsold securities from previous filings due to the completion of a merger agreement.

37M 0
Aug 14, 2025

POS AM filing: This post-effective amendment removes from registration all securities registered under the Registration Statements (Nos. 333-249863, 333-258644, 333-258641, 333-268136 and 333-275519) that remain unsold as of August 14, 2025, and terminates the effectiveness of the Registration Statements due to the merger with Concentra Biosciences, LLC.

37M 12M
Jul 31, 2025

10-Q filing | 36.6M shares outstanding

37M 12M
May 13, 2025

10-Q filing | 34.7M shares outstanding

35M 14M
Mar 06, 2025

10-K filing | 34.4M shares outstanding

34M 15M
Nov 08, 2024

10-Q filing | 34.1M shares outstanding

34M 15M
Aug 14, 2024

10-Q filing | 33.9M shares outstanding

34M 15M
May 08, 2024

10-Q filing | 33.6M shares outstanding

34M 15M
Mar 07, 2024

10-K filing | 33.3M shares outstanding

33M 16M
Nov 13, 2023

S-3 filing: IGM Biosciences, Inc. is filing an S-3 to offer common stock, non-voting common stock, preferred stock, debt securities, depositary shares, subscription rights, and purchase contracts, with an aggregate offering price not to exceed $400,000,000.

33M 16M
Nov 13, 2023

10-Q filing | 32.9M shares outstanding

33M 16M
Aug 03, 2023

10-Q filing | 32.9M shares outstanding

33M 16M
May 12, 2023

10-Q filing | 29.5M shares outstanding

30M 19M
Mar 30, 2023

10-K filing | 29.5M shares outstanding

29M 19M
Nov 03, 2022

S-3 filing: IGM Biosciences, Inc. files an S-3 form for a shelf offering of common stock, non-voting common stock, preferred stock, debt securities, depositary shares and subscription rights, with an aggregate offering price not to exceed $400,000,000.

29M 20M
Nov 03, 2022

10-Q filing | 29.1M shares outstanding

29M 20M
Aug 08, 2022

10-Q filing | 29.0M shares outstanding

29M 20M
May 09, 2022

10-Q filing | 27.4M shares outstanding

27M 22M
Mar 30, 2022

8-K filing: IGM Biosciences, Inc. completed a public offering of 8,695,653 shares of its non-voting common stock at a price to the public of $23.00 per share, with the underwriters exercising their option to purchase an additional 1,304,347 shares of common stock at $21.85 per share, resulting in gross proceeds of approximately $230.0 million. ($230.0M proceeds)

26M 23M
Mar 29, 2022

10-K filing | 26.1M shares outstanding

26M 23M
Nov 04, 2021

10-Q filing | 26.0M shares outstanding

26M 23M
Aug 09, 2021

S-3 filing: IGM Biosciences, Inc. may offer common stock, non-voting common stock, preferred stock, depositary shares, warrants, debt securities, subscription rights and units up to an aggregate amount of $400,000,000.

26M 23M
Aug 09, 2021

S-3 filing: This S-3 filing registers 24,747,658 shares of common stock for sale by selling stockholders of IGM Biosciences, Inc. The company will not receive any proceeds from the sale.

26M 23M
Aug 09, 2021

10-Q filing | 25.6M shares outstanding

26M 23M
May 06, 2021

10-Q filing | 25.6M shares outstanding

26M 0
Mar 30, 2021

10-K filing | 25.6M shares outstanding

26M 0
Nov 05, 2020

S-3 filing: IGM Biosciences, Inc. may offer, from time to time, common stock, preferred stock, depositary shares, warrants, debt securities, subscription rights or units up to an aggregate amount of $400,000,000.

24M 0
Nov 05, 2020

10-Q filing | 24.3M shares outstanding

24M 0
Aug 06, 2020

10-Q filing | 24.2M shares outstanding

24M 0
May 07, 2020

10-Q filing | 24.2M shares outstanding

24M 0
Mar 26, 2020

10-K filing | 24.1M shares outstanding

24M 0
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