Innoviz Technologies Ltd. (INVZ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: August 13, 2025

Risk Assessment Details

Potential Dilution: 57.78% of current shares
Recent Dilution: 20.07% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
200M
Potential Supply
120M
Additional shares possible
Splits
None
Past 2 years

Summary

INVZ currently has 201M outstanding shares. with significant dilution risk as 116M authorized shares could dilute existing holders by 57.8%. The company has diluted shareholders by 20.07% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Aug 13, 2025

F-3 filing: Innoviz Technologies Ltd. is offering up to $200,000,000 of ordinary shares, warrants, or debt securities, separately or as units, and also offering ordinary shares up to $75,000,000 through an at-the-market offering with Jefferies as the sales agent.

200M 120M
Mar 12, 2025

20-F filing | 167.2M shares outstanding

170M 32M
Mar 12, 2024

20-F filing | 165.4M shares outstanding

170M 34M
Mar 09, 2023

20-F filing | 135.2M shares outstanding

140M 64M
Sep 29, 2022

F-3 filing: Innoviz Technologies Ltd. is offering up to $200,000,000 of ordinary shares, warrants to purchase ordinary shares or debt securities, debt securities or any combination of the above, separately or as units.

130M 64M
May 24, 2022

F-3 filing: This F-3 filing includes the offering of ordinary shares issuable upon exercise of existing warrants, as well as ordinary shares and warrants offered by Selling Securityholders, with existing warrants exercisable at $11.50 per share until April 5, 2026.

130M 27M
Mar 30, 2022

20-F filing | 134.1M shares outstanding

130M 0
Oct 04, 2021

POS AM filing: This POS AM filing relates to the potential offering of ordinary shares and warrants by selling securityholders, as well as ordinary shares issuable upon exercise of warrants, with the company potentially receiving proceeds from warrant exercises for general corporate purposes.

130M 0
Jul 27, 2021

F-1 filing: This F-1 filing outlines the offering of ordinary shares issuable upon exercise of warrants, as well as ordinary shares and warrants offered by selling securityholders. The company may receive proceeds from the exercise of warrants, while the selling securityholders will receive proceeds from their sales.

130M 150M
Apr 21, 2021

20-F filing | 129.8M shares outstanding

130M 0
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