SEALSQ Corp (LAES) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LAES currently has 192M outstanding shares. with significant dilution risk as 163M authorized shares could dilute existing holders by 85.0%. The company has significantly diluted shareholders by 452.72% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 31, 2026 |
20-F filing | 191.5M shares outstanding |
190M | 160M |
| Mar 25, 2025 |
F-3 filing: This is an F-3 filing by SEALSQ Corp for the offer and sale of Ordinary Shares, warrants to purchase Ordinary Shares, subscription rights or units, with an aggregate initial offering price not to exceed $500 million. |
100M | 160M |
| Mar 20, 2025 |
20-F filing | 100.0M shares outstanding |
100M | 4.6M |
| Nov 20, 2024 |
F-3 filing: SEALSQ Corp may offer, from time to time, in one or more offerings, Ordinary Shares, warrants to purchase Ordinary Shares, subscription rights or units, which we collectively refer to as the "securities". The aggregate initial offering price of the securities that we may offer and sell under this prospectus will not exceed $100,000,000. |
25M | 4.6M |
| Jul 31, 2024 |
POS AM filing: The filing relates to the registration of conversion shares issuable upon conversion of notes and warrant shares issuable upon exercise of warrants. |
15M | 4.6M |
| Jul 02, 2024 |
POS AM filing: This POS AM filing describes the potential issuance of Ordinary Shares upon conversion of notes and exercise of warrants by selling shareholders, with the company not receiving proceeds from the sale of conversion shares or warrant shares but potentially receiving proceeds from warrant exercises. |
15M | 4.6M |
| May 17, 2024 |
POS AM filing: This POS AM filing relates to the registration of Conversion Shares issuable upon conversion of notes and Warrant Shares issuable upon exercise of warrants, offered by selling shareholders. |
15M | 4.6M |
| Mar 21, 2024 |
20-F filing | 15.4M shares outstanding |
15M | 4.6M |
| Aug 08, 2023 |
F-1 filing: This F-1 filing registers the resale of up to 8,000,000 Ordinary Shares issuable upon conversion of the Initial Notes and upon exercise of the Initial Warrants. |
N/A | 4.6M |