LIGHTPATH TECHNOLOGIES INC (LPTH) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LPTH currently has 58.6M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 50.57% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to registration statement for the resale of shares of common stock upon conversion of preferred stock and exercise of warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Registration statement filing for the resale of up to 1,750,000 shares of common stock issuable upon conversion of Series C Preferred Stock and exercise of Class G and Class H warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement for the resale of 1,750,000 shares of common stock underlying various convertible securities and placement agent shares. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This POS AM filing updates the Registration Statement (File No. 333-47905) for the resale of common stock issuable upon conversion of Series C Preferred Stock, exercise of Class G and Class H warrants, and shares issued to the placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement for the resale of 1,750,000 shares of common stock upon the conversion of preferred stock and exercise of warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement for the resale of 1,750,000 shares of common stock underlying various convertible securities and placement agent shares. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This filing represents a post-effective amendment to a registration statement regarding the resale of common stock underlying various convertible securities and shares issued to a placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This POS AM filing registers the resale of up to 1,750,000 shares of common stock issuable upon the conversion of Series C preferred stock and the exercise of Class G and Class H warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to registration statement for the resale of common stock underlying various convertible securities and shares issued to a placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This filing is a Post-Effective Amendment to a registration statement covering the resale of 1,750,000 shares of common stock issuable upon conversion of Series C Preferred Stock, exercise of Class G and Class H warrants, and issuance of shares to a placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement for the resale of 1,750,000 shares of common stock upon conversion of preferred stock and exercise of warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This filing registers the resale of up to 1,750,000 shares of common stock upon the conversion of Series C Preferred Stock and the exercise of Class G and Class H warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement regarding the resale of common stock underlying convertible preferred stock and warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This filing represents a post-effective amendment to a registration statement regarding the resale of common stock underlying various convertible securities and shares issued to a placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to a registration statement for the resale of common stock underlying various convertible securities and agent shares. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: This POS AM filing registers the resale of 1,750,000 shares of common stock issuable upon the conversion of Series C Preferred Stock and the exercise of Class G and Class H warrants, plus 8,490 common shares for the placement agent. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Registration statement filing for the resale of up to 1,750,000 shares of common stock issuable upon conversion of Series C Preferred Stock and exercise of Class G and Class H warrants. |
59M | 0 |
| Jul 22, 2026 |
POS AM filing: Post-effective amendment to registration statement for the resale of common stock underlying various convertible securities and shares issued to a placement agent. |
59M | 0 |
| Jun 03, 2026 |
8-K filing: LightPath Technologies, Inc. closed a primary offering of 3,571,400 shares of its Class A Common Stock at $14.00 per share, generating gross proceeds of approximately $50.0 million. ($50.0M proceeds) |
59M | 0 |
| May 07, 2026 |
10-Q filing | 58.6M shares outstanding |
59M | 0 |
| Jan 23, 2026 |
8-K filing: LightPath Technologies, Inc. entered into an Asset Purchase Agreement to acquire assets from Amorphous Materials, Inc., with consideration including cash and shares of Class A Common Stock. |
43M | 4.9M |
| Nov 21, 2025 |
S-3 filing: The company is filing an S-3 to register an indeterminate number of shares of Class A common stock, warrants, and units for sale from time to time with an aggregate initial offering price not to exceed $200,000,000. |
43M | 4.9M |
| Nov 12, 2025 |
10-Q filing | 43.3M shares outstanding |
43M | 4.9M |
| Sep 26, 2025 |
10-K filing | 40.9M shares outstanding |
41M | 7.3M |
| Sep 15, 2025 |
8-K filing: LightPath Technologies, Inc. entered into a Securities Purchase Agreement to sell 1,600,000 shares of Class A Common Stock at $5.00 per share to Unusual Machines, Inc. and Ondas Holdings Inc., with expected gross proceeds of $8.0 million. ($8.0M proceeds) |
41M | 6.8M |
| May 20, 2025 |
10-Q filing | 41.4M shares outstanding |
41M | 6.8M |
| May 02, 2025 |
S-3 filing: This S-3 filing registers 21,193,380 shares of Class A common stock for resale by selling stockholders, including shares issuable upon conversion of preferred stock, exercise of warrants, and shares issued in connection with a private placement and acquisition. |
40M | 8.5M |
| Feb 13, 2025 |
8-K filing: LightPath Technologies, Inc. entered into a Membership Interest Purchase Agreement to acquire G5 Infrared, funded in part by a private placement of preferred stock, warrants, and senior secured promissory notes. ($24.96M proceeds) |
40M | 0 |
| Feb 13, 2025 |
10-Q filing | 39.7M shares outstanding |
40M | 0 |
| Nov 07, 2024 |
10-Q filing | 39.6M shares outstanding |
40M | 0 |
| Sep 19, 2024 |
10-K filing | 37.9M shares outstanding |
38M | 0 |
| May 09, 2024 |
10-Q filing | 38.0M shares outstanding |
38M | 0 |
| Feb 08, 2024 |
10-Q filing | 37.5M shares outstanding |
38M | 0 |
| Nov 09, 2023 |
10-Q filing | 37.4M shares outstanding |
37M | 0 |
| Sep 14, 2023 |
10-K filing | 37.3M shares outstanding |
37M | 0 |
| May 11, 2023 |
10-Q filing | 35.1M shares outstanding |
35M | 0 |
| Feb 09, 2023 |
10-Q filing | 27.2M shares outstanding |
27M | 0 |
| Jan 12, 2023 |
8-K filing: LightPath Technologies, Inc. entered into a securities purchase agreement to issue and sell 9,090,910 shares of common stock at $1.10 per share in a public offering, with A.G.P./Alliance Global Partners acting as the exclusive placement agent. |
27M | 0 |
| Nov 10, 2022 |
10-Q filing | 27.1M shares outstanding |
27M | 0 |
| Sep 15, 2022 |
10-K filing | 27.0M shares outstanding |
27M | 0 |
| May 12, 2022 |
10-Q filing | 27.0M shares outstanding |
27M | 0 |
| Feb 16, 2022 |
S-3 filing: The filing is an S-3 form for a shelf offering of Class A common stock, warrants, and/or units up to an aggregate amount of $75,800,000. |
27M | 0 |
| Feb 10, 2022 |
10-Q filing | 27.0M shares outstanding |
27M | 0 |
| Nov 10, 2021 |
10-Q filing | 27.0M shares outstanding |
27M | 0 |
| Sep 13, 2021 |
10-K filing | 26.3M shares outstanding |
26M | 0 |
| May 06, 2021 |
10-Q filing | 26.2M shares outstanding |
26M | 0 |
| Feb 03, 2021 |
10-Q filing | 26.0M shares outstanding |
26M | 0 |
| Nov 05, 2020 |
10-Q filing | 26.0M shares outstanding |
26M | 0 |
| Sep 10, 2020 |
10-K filing | 25.9M shares outstanding |
26M | 0 |
| May 07, 2020 |
10-Q filing | 25.8M shares outstanding |
26M | 0 |
| Feb 06, 2020 |
10-Q filing | 25.8M shares outstanding |
26M | 0 |