Lake Superior Acquisition Corp (LKSP) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 37.27% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
3.8M
Potential Supply
1.4M
Additional shares possible
Splits
None
Past 2 years

Summary

LKSP currently has 3.83M outstanding shares. with moderate dilution risk from 1.43M authorized shares representing 37.3% potential dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 3.8M shares outstanding

3.8M 1.4M
Oct 15, 2025

8-K filing: Lake Superior Acquisition Corp. consummated its IPO of 11,500,000 units at $10.00 per unit, generating gross proceeds of $115,000,000, which were deposited into a trust account. ($115.0M proceeds)

3.8M 1.4M
Oct 10, 2025

8-K filing: Lake Superior Acquisition Corp. consummated an IPO of 11,500,000 units at $10.00 per Unit, generating gross proceeds of $115,000,000, and simultaneously consummated a private placement with the Sponsor and CCM of 360,000 private units at $10.00 per Private Unit, generating total gross proceeds of $3,600,000. ($118.6M proceeds)

3.8M 1.4M
Sep 19, 2025

S-1/A filing: Lake Superior Acquisition Corp. is offering 10,000,000 units, with each unit consisting of one Class A ordinary share and one-seventh of one right, for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

3.8M 1.4M
Jul 10, 2025

S-1/A filing: Lake Superior Acquisition Corp. is offering 10,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-sixth of one right. Additionally, the Sponsor and CCM have committed to purchase 330,000 private placement units at $10.00 per unit.

3.8M 10M
Jun 05, 2025

S-1/A filing: Lake Superior Acquisition Corp. is offering 10,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-sixth of one right.

3.8M 10M
May 09, 2025

S-1 filing: Lake Superior Acquisition Corp. is offering 10,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-sixth of one right. The company intends to focus its search on high potential businesses.

3.8M 10M
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