Pasithea Therapeutics Corp. (KTTA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 17.18% of current shares
Recent Dilution: 565.02% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
33M
Potential Supply
5.7M
Additional shares possible
Splits
None
Past 2 years

Summary

KTTA currently has 33.4M outstanding shares. with limited dilution risk as only 5.74M additional shares (17.2%) are authorized for issuance. The company has significantly diluted shareholders by 565.02% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 33.4M shares outstanding

33M 5.7M
Mar 30, 2026

10-K filing | 24.9M shares outstanding

25M 5.7M
Jan 26, 2026

POS AM filing: The Registration Statement pertains to the registration of an indeterminate amount of (i) the Registrant's common stock, (ii) the Registrant's preferred stock, (iii) warrants, (iv) subscription rights and (v) units, or any combination of the foregoing, having an aggregate offering price not to exceed $15,000,000.

7.4M 5.7M
Dec 02, 2025

8-K filing: Pasithea Therapeutics Corp. sold 14,846,665 shares of common stock and 65,153,335 pre-funded warrants in a public offering that closed on December 1, 2025, with net proceeds of approximately $54.9 million. ($60.24M proceeds)

7.4M 7.7M
Nov 26, 2025

S-1/A filing: The company is offering up to 75,000,000 shares of common stock at an assumed price of $0.80 per share, and pre-funded warrants to purchase up to 75,000,000 shares of common stock at an assumed price of $0.799 per warrant, in a reasonable best efforts offering.

7.4M 83M
Nov 18, 2025

S-1 filing: The company is offering shares of its common stock, pre-funded warrants, and common warrants.

7.4M 22M
May 15, 2025

10-Q filing | 7.4M shares outstanding

7.4M 7.7M
May 07, 2025

8-K filing: Pasithea Therapeutics Corp. sold shares of common stock and warrants in a public offering, resulting in gross proceeds of approximately $6.3 million, which includes proceeds from warrant exercises. ($5.63M proceeds)

3M 7.7M
May 01, 2025

S-1 filing: The company is offering up to 3,246,753 shares of common stock together with warrants, and pre-funded warrants to purchase up to 3,246,753 shares of common stock.

3M 14M
Mar 24, 2025

10-K filing | 2.7M shares outstanding

2.7M 7.7M
Nov 13, 2024

10-Q filing | 1.3M shares outstanding

1.3M 7.7M
Oct 07, 2024

S-3 filing: This prospectus relates to the resale of up to 3,743,905 shares of Pasithea Therapeutics Corp. common stock by the Selling Stockholders, consisting of shares issuable upon the exercise of pre-funded warrants, Series A warrants, Series B warrants, and placement agent warrants.

1M 7.7M
Sep 30, 2024

8-K filing: Pasithea Therapeutics Corp. entered into a securities purchase agreement for a private placement involving pre-funded warrants and Series A and B warrants, closing on September 30, 2024, with net proceeds of approximately $4.5 million for working capital and general corporate purposes. ($0.0M proceeds)

1M 4M
Aug 13, 2024

10-Q filing | 1.0M shares outstanding

1M 4M
May 14, 2024

10-Q filing | 1.0M shares outstanding

1M 4M
Mar 29, 2024

10-K filing | 1.0M shares outstanding

1M 4M
Mar 29, 2024

POS AM filing: Pasithea Therapeutics Corp. is filing this post-effective amendment to deregister certain of the securities originally registered pursuant to the Registration Statement (File No. 333-271011) filed with the Securities and Exchange Commission on March 30, 2023 with respect to up to 781,302 shares of the Registrant's common stock, to be issued under the Registrant's 2021 Stock Incentive Plan.

1M 4M
Jan 02, 2024
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 20,836,623 → 1,041,831

1M 4M
Nov 13, 2023

10-Q filing | 20.8M shares outstanding

21M 80M
Sep 14, 2023

8-K filing: Pasithea Therapeutics Corp. repurchased 5,323,451 shares of its common stock at a price of $0.70 per share via a tender offer, resulting in 20,819,956 shares outstanding.

21M 80M
Aug 11, 2023

10-Q filing | 26.1M shares outstanding

26M 80M
May 12, 2023

10-Q filing | 26.1M shares outstanding

26M 80M
May 12, 2023

S-3 filing: This is an S-3 filing for Pasithea Therapeutics Corp. detailing the offering of common stock for resale by selling stockholders.

26M 80M
Mar 30, 2023

10-K filing | 25.3M shares outstanding

25M 64M
Mar 30, 2023

S-3 filing: Pasithea Therapeutics Corp. may offer and sell, from time to time, up to $15,000,000 aggregate offering price of common stock, preferred stock, warrants, subscription rights or units.

16M 64M
Dec 14, 2022

8-K filing: Pasithea Therapeutics Corp. entered into a Settlement and Cooperation Agreement with the Camac Group, which includes the repurchase of 3,205,282 shares of Common Stock from the Camac Group at $1.0003 per share. ($3.21M proceeds)

27M 24M
Nov 14, 2022

10-Q filing | 26.5M shares outstanding

27M 24M
Aug 15, 2022

10-Q filing | 26.7M shares outstanding

27M 24M
May 16, 2022

10-Q filing | 23.0M shares outstanding

23M 24M
Mar 30, 2022

10-K filing | 22.9M shares outstanding

23M 24M
Dec 09, 2021

S-1 filing: This S-1 filing details the offering of common stock and common stock issuable upon the exercise of warrants by selling stockholders.

22M 24M
Nov 29, 2021

8-K filing: Pasithea Therapeutics Corp. sold 8,680,000 shares of common stock and warrants to purchase up to 8,680,000 shares of common stock at a combined price of $3.50 per share and associated warrant in a private placement that closed on November 29, 2021. ($30.38M proceeds)

13M 5.8M
Nov 18, 2021

10-Q filing | 13.2M shares outstanding

13M 5.8M
Sep 13, 2021

S-1/A filing: Pasithea Therapeutics Corp. is offering 2,898,551 units, each unit consisting of one share of common stock and one warrant to purchase one share of common stock, in its initial public offering with an expected price between $5.00 and $7.00 per unit.

11M 5.8M
Sep 10, 2021

S-1/A filing: Initial public offering of up to 2,898,551 units, each unit consisting of one share of common stock and one warrant to purchase one share of common stock.

11M 5.8M
Aug 27, 2021

S-1/A filing: Pasithea Therapeutics Corp. is offering 2,898,551 units, each unit consisting of one share of common stock and one warrant to purchase one share of common stock in an initial public offering.

11M 5.8M
Aug 06, 2021

S-1/A filing: Pasithea Therapeutics Corp. is offering 2,898,551 shares of common stock and warrants to purchase up to 2,898,551 shares of common stock in an initial public offering.

8.3M 2.9M
Jun 22, 2021

S-1/A filing: Pasithea Therapeutics Corp. is offering shares of its common stock in an initial public offering.

8.3M 0
Jun 04, 2021

S-1/A filing: This S-1/A filing from Pasithea Therapeutics Corp. details an initial public offering of common stock, with the underwriters granted a 45-day option to purchase additional shares to cover over-allotments.

8.3M 0
Apr 13, 2021

S-1 filing: This is an S-1 filing for an initial public offering of common stock. The company is offering shares of common stock and has granted the underwriters an option to purchase additional shares. The company intends to use the net proceeds of this offering for research and development, to develop its U.S. clinic and UK clinic business, and for working capital and other general corporate purposes.

8.3M 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime