IT TECH PACKAGING, INC. (ITP) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ITP currently has 17M outstanding shares. with significant dilution risk as 247M authorized shares could dilute existing holders by 1455.6%. The company has significantly diluted shareholders by 68.54% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 13, 2025 |
10-Q filing | 17.0M shares outstanding |
17M | 250M |
| Aug 14, 2025 |
10-Q filing | 17.0M shares outstanding |
17M | 250M |
| May 15, 2025 |
8-K filing: IT Tech Packaging, Inc. completed a public offering of 6,899,500 shares of common stock at a price of $0.20 per share, resulting in gross proceeds of approximately $1.4 million before deducting fees and expenses. ($1.4M proceeds) |
10M | 250M |
| May 09, 2025 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| Apr 11, 2025 |
10-K filing | 10.1M shares outstanding |
10M | 250M |
| Nov 15, 2024 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| Aug 12, 2024 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| May 10, 2024 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| Mar 27, 2024 |
10-K filing | 10.1M shares outstanding |
10M | 250M |
| Nov 09, 2023 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| Aug 10, 2023 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| May 11, 2023 |
10-Q filing | 10.1M shares outstanding |
10M | 250M |
| Apr 03, 2023 |
S-3/A filing: IT Tech Packaging, Inc. files an S-3/A form to register for offering and selling common stock, debt securities, warrants, subscription rights or units with a maximum aggregate offering price of $100,000,000. |
10M | 250M |
| Mar 24, 2023 |
10-K filing | 10.0M shares outstanding |
10M | 0 |
| Feb 23, 2023 |
S-3/A filing: IT Tech Packaging, Inc. is offering common stock, debt securities, warrants, subscription rights or units, in one or more offerings up to a total dollar amount of $100,000,000. |
11M | 0 |
| Dec 22, 2022 |
S-3 filing: IT Tech Packaging, Inc. files an S-3 registration statement for the potential offering of common stock, debt securities, warrants, subscription rights, or units up to a total of $100,000,000. |
11M | 0 |
| Nov 10, 2022 |
10-Q filing | 11.4M shares outstanding |
11M | 0 |
| Aug 09, 2022 |
10-Q filing | 9.9M shares outstanding |
9.9M | 0 |
| Jul 08, 2022 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 99,049,900 → 9,904,990 |
9.9M | 0 |
| Jul 07, 2022 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 99,049,900 → 9,904,990 |
9.9M | 0 |
| May 10, 2022 |
10-Q filing | 99.0M shares outstanding |
99M | 0 |
| Mar 15, 2022 |
10-K filing | 99.0M shares outstanding |
99M | 0 |
| Nov 24, 2021 |
S-3 filing: IT Tech Packaging, Inc. files an S-3 form for a shelf offering of common stock, debt securities, warrants, subscription rights, or units with a maximum aggregate offering price of $100,000,000. |
99M | 0 |
| Nov 10, 2021 |
10-Q filing | 99.0M shares outstanding |
99M | 0 |
| Aug 10, 2021 |
10-Q filing | 99.0M shares outstanding |
99M | 0 |
| May 11, 2021 |
10-Q filing | 99.0M shares outstanding |
99M | 0 |
| Mar 23, 2021 |
10-K filing | 113.6M shares outstanding |
110M | 0 |
| Jan 20, 2021 |
8-K filing: IT Tech Packaging, Inc. completed a best-efforts public offering on January 20, 2021, selling 26,181,818 shares of common stock and 26,181,818 warrants at $0.55 per share and warrant, for gross proceeds of approximately $14.4 million. ($28.8M proceeds) |
29M | 46M |
| Jan 13, 2021 |
S-1/A filing: This S-1/A filing describes an offering of up to 18,750,000 shares of common stock and common warrants. |
29M | 46M |
| Dec 22, 2020 |
S-1 filing: This S-1 filing outlines an offering of common stock and warrants, with the intent to use the proceeds for working capital and general corporate purposes. |
29M | 8.8M |
| Nov 12, 2020 |
10-Q filing | 25.8M shares outstanding |
26M | 11M |
| Sep 25, 2020 |
S-3/A filing: This is an S-3/A filing for the resale of common stock by selling stockholders and shares issuable upon exercise of warrants. |
29M | 8.8M |
| Aug 31, 2020 |
S-3 filing: This is an S-3 filing to register for resale an aggregate of 4,400,000 shares of common stock by the Selling Stockholders. |
29M | 4.4M |
| Aug 11, 2020 |
10-Q filing | 28.5M shares outstanding |
29M | 0 |
| May 14, 2020 |
10-Q filing | 28.5M shares outstanding |
28M | 0 |
| May 04, 2020 |
8-K filing: IT Tech Packaging, Inc. entered into a securities purchase agreement with certain institutional investors to sell 4,400,000 shares of common stock and warrants to purchase up to 4,400,000 shares for gross proceeds of approximately $2.55 million, with the agreement later amended to adjust the warrant exercise price. ($2.55M proceeds) |
22M | 0 |
| May 01, 2020 |
8-K filing: IT Tech Packaging, Inc. sold 4,400,000 shares of common stock and warrants to purchase up to 4,400,000 shares in a registered direct offering for gross proceeds of approximately $2.55 million. ($2.55M proceeds) |
22M | 0 |
| Mar 23, 2020 |
10-K filing | 22.0M shares outstanding |
22M | 0 |