Kezar Life Sciences, Inc. (KZR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 11, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 3.29% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
7.3M
Potential Supply
0
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

KZR currently has 7.32M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 3.29% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 11, 2026

POS AM filing: This filing updates a previously effective shelf registration statement to register the sale of up to $400,000,000 of common stock.

7.3M 0
May 11, 2026

10-Q filing | 7.3M shares outstanding

7.3M 62M
Nov 12, 2025

10-Q filing | 7.3M shares outstanding

7.3M 62M
Aug 13, 2025

10-Q filing | 7.3M shares outstanding

7.3M 62M
May 13, 2025

10-Q filing | 7.3M shares outstanding

7.3M 62M
Mar 25, 2025

10-K filing | 7.3M shares outstanding

7.3M 62M
Feb 05, 2025

S-3 filing: The company may offer up to $400,000,000 of any combination of common stock, preferred stock, debt securities and warrants from time to time.

7.1M 63M
Nov 12, 2024

10-Q filing | 7.3M shares outstanding

7.3M 0
Oct 29, 2024
Stock Split

8-K filing: Stock split 1-for-10 | Outstanding: 72,845,869 → 7,284,586

7.3M 0
Aug 13, 2024

10-Q filing | 72.8M shares outstanding

73M 0
May 09, 2024

10-Q filing | 72.8M shares outstanding

73M 0
Mar 14, 2024

10-K filing | 72.6M shares outstanding

73M 0
Nov 13, 2023

10-Q filing | 72.7M shares outstanding

73M 0
Aug 10, 2023

10-Q filing | 72.5M shares outstanding

72M 0
May 11, 2023

10-Q filing | 72.3M shares outstanding

72M 0
Mar 14, 2023

10-K filing | 67.4M shares outstanding

67M 0
Mar 14, 2023

POS AM filing: The company may offer up to $400,000,000 of common stock, preferred stock and debt securities. They are also offering common stock in an at the market offering through Cowen.

72M 0
Nov 10, 2022

10-Q filing | 72.2M shares outstanding

72M 0
Aug 11, 2022

10-Q filing | 64.3M shares outstanding

64M 0
May 12, 2022

10-Q filing | 60.6M shares outstanding

61M 0
Mar 17, 2022

10-K filing | 52.8M shares outstanding

53M 910K
Nov 09, 2021

10-Q filing | 52.0M shares outstanding

52M 1.6M
Aug 12, 2021

10-Q filing | 51.9M shares outstanding

52M 1.8M
May 12, 2021

10-Q filing | 51.1M shares outstanding

51M 2.6M
Mar 11, 2021

10-K filing | 44.0M shares outstanding

44M 9.7M
Nov 05, 2020

10-Q filing | 50.0M shares outstanding

50M 3.7M
Sep 11, 2020

S-3 filing: The filing is for a shelf registration to offer up to $200,000,000 of common stock, preferred stock, and debt securities, as well as an ATM offering of common stock for up to $50,000,000.

46M 7.8M
Aug 06, 2020

10-Q filing | 42.9M shares outstanding

43M 0
May 07, 2020

10-Q filing | 38.2M shares outstanding

38M 0
Mar 12, 2020

10-K filing | 38.2M shares outstanding

38M 0
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