KAZIA THERAPEUTICS LTD (KZIA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: December 19, 2025

Risk Assessment Details

Potential Dilution: 677.46% of current shares
Recent Dilution: 7280.78% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
810M
Potential Supply
5.5B
Additional shares possible
Splits
None
Past 2 years

Summary

KZIA currently has 809M outstanding shares. with significant dilution risk as 5.48B authorized shares could dilute existing holders by 677.5%. The company has significantly diluted shareholders by 7280.78% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 19, 2025

POS AM filing: This POS AM filing relates to the offering of ADSs representing ordinary shares by selling shareholders.

810M 5.5B
Dec 19, 2025

POS AM filing: This prospectus relates to the resale of American Depositary Shares (ADSs) representing ordinary shares issuable upon exercise of warrants by the selling shareholder.

11M 5.5B
Dec 19, 2025

F-1 filing: This F-1 filing describes an offering of American Depositary Shares (ADSs) by selling shareholders, representing ordinary shares, including ADSs issuable upon the exercise of pre-funded and placement agent warrants.

810M 5.6B
Nov 07, 2025

20-F filing | 809.4M shares outstanding

810M 270M
Sep 30, 2025

F-1 filing: This F-1 filing pertains to the resale of American Depositary Shares (ADSs) representing ordinary shares by selling shareholders.

330M 270M
Jan 30, 2025

F-1 filing: The filing is an F-1 registration statement for the resale of ADSs representing ordinary shares issuable upon the exercise of warrants by selling shareholders.

330M 150M
Nov 27, 2024

POS AM filing: This POS AM filing covers the resale of ADSs by a selling shareholder and the potential sale of ADSs to Alumni Capital under a purchase agreement.

330M 17M
Nov 27, 2024

POS AM filing: This POS AM filing relates to the offering of ADSs (American Depositary Shares) by selling shareholders. Each ADS represents one hundred ordinary shares. The selling shareholders may sell or transfer the ADSs from time to time on the Nasdaq Capital Market or in private transactions. The company will not receive any proceeds from the sale of these ADSs, but may receive proceeds from the exercise of warrants.

330M 17M
Nov 15, 2024

20-F filing | 332.9M shares outstanding

330M 950M
Sep 05, 2024

F-3 filing: The company is filing an F-3 form to register the offering of American Depositary Shares (ADSs) representing ordinary shares, with a total proposed amount of $100,000,000, and also for at the market offerings up to $10,000,000.

450M 950M
Jun 25, 2024

F-1 filing: This F-1 filing discusses the resale of ADSs representing ordinary shares by a selling shareholder, issued or issuable upon exercise of a new warrant, with the company not receiving proceeds from the sale but potentially receiving proceeds from the exercise of the warrant for general corporate purposes.

230M 950M
May 29, 2024

F-1 filing: This F-1 filing outlines a proposed offering for the resale of up to 88,500,000 ADSs representing 885,000,000 Ordinary Shares by a Selling Shareholder and also the possible sale of ADSs to Alumni Capital for up to $15.75 million.

230M 940M
Jan 31, 2024

F-1 filing: This F-1 filing relates to the resale by selling shareholders of up to 4,755,556 American Depositary Shares representing 47,555,560 Ordinary Shares of Kazia Therapeutics Limited.

230M 53M
Dec 15, 2023

F-3 filing: This F-3 filing relates to the resale from time to time of 591,697 American Depositary Shares representing 5,916,970 Ordinary Shares of Kazia Therapeutics Limited by the selling shareholder.

230M 5.9M
Oct 26, 2023

20-F filing | 228.0M shares outstanding

230M 0
Oct 17, 2022

20-F filing | 138.8M shares outstanding

140M 0
Oct 07, 2021

20-F filing | 132.0M shares outstanding

130M 0
Sep 01, 2021

F-3 filing: This is an F-3 filing for a shelf offering of American Depositary Shares representing ordinary shares and warrants with a total aggregate value of up to $100,000,000.

95M 0
Oct 22, 2020

20-F filing | 94.6M shares outstanding

95M 0
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