Laird Superfood, Inc. (LSF) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 74.26% of current shares
Recent Dilution: 17.11% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
11M
Potential Supply
8M
Additional shares possible
Splits
None
Past 2 years

Summary

LSF currently has 10.8M outstanding shares. with significant dilution risk as 8.01M authorized shares could dilute existing holders by 74.3%. The company has diluted shareholders by 17.11% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 10.8M shares outstanding

11M 8M
Mar 30, 2026

10-K filing | 10.6M shares outstanding

11M 8M
Mar 12, 2026

8-K filing: The company sold Initial Shares of Series A Preferred Stock to Nexus for $50.0 million, with the option for Nexus to purchase additional shares. ($50.0M proceeds)

10M 8M
Jan 30, 2026

8-K filing: Laird Superfood, Inc. amended its investment agreement with Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC regarding the purchase of additional shares of Series A Preferred Stock. ($50.0M proceeds)

10M 8M
Dec 22, 2025

8-K filing: Laird Superfood, Inc. entered into a securities purchase agreement to acquire Navitas LLC and Global Superfoods Corp. for $38.5 million, and an investment agreement with Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC for the purchase of Series A Preferred Stock. ($50.0M proceeds)

10M 8M
May 07, 2025

10-Q filing | 10.3M shares outstanding

10M 8M
Feb 26, 2025

10-K filing | 9.9M shares outstanding

9.9M 8M
Nov 15, 2024

S-3 filing: Laird Superfood, Inc. is filing a registration statement on Form S-3 relating to the offering of common stock, preferred stock, debt securities, warrants, and units for an aggregate initial offering price not to exceed $100,000,000.

10M 8M
Nov 06, 2024

10-Q filing | 10.3M shares outstanding

10M 8M
Aug 20, 2024

S-3/A filing: This prospectus relates to the resale from time to time by the selling stockholder identified in this prospectus of up to 300,000 shares of common stock of Laird Superfood, Inc.

9.8M 8M
Aug 07, 2024

10-Q filing | 9.8M shares outstanding

9.8M 8.3M
Jul 25, 2024

S-3/A filing: This prospectus relates to the resale from time to time by the selling stockholder identified in this prospectus of up to 600,000 shares of common stock of Laird Superfood, Inc.

9.4M 8.3M
Jun 26, 2024

S-3 filing: This prospectus relates to the resale from time to time by the selling stockholder identified in this prospectus of up to 600,000 shares of common stock of Laird Superfood, Inc.

9.4M 8.3M
May 08, 2024

10-Q filing | 9.4M shares outstanding

9.4M 7.7M
Mar 13, 2024

10-K filing | 9.3M shares outstanding

9.3M 7.7M
Nov 09, 2023

10-Q filing | 9.3M shares outstanding

9.3M 7.7M
Aug 10, 2023

10-Q filing | 9.3M shares outstanding

9.3M 7.7M
Aug 09, 2023

8-K filing: Laird Superfood, Inc. issued restricted stock units relating to 100,000 shares of common stock, vesting quarterly, and a stock option to purchase up to 300,000 shares at $1.00 per share to KP River Birch LLC. Additionally, the Company agreed to issue additional restricted stock units settleable for up to 600,000 shares upon meeting certain stock price thresholds.

9.2M 7.7M
May 11, 2023

10-Q filing | 9.2M shares outstanding

9.2M 7.7M
Mar 16, 2023

10-K filing | 9.1M shares outstanding

9.1M 7.7M
Nov 10, 2022

10-Q filing | 9.2M shares outstanding

9.2M 7.7M
Aug 11, 2022

10-Q filing | 9.1M shares outstanding

9.1M 7.7M
May 12, 2022

10-Q filing | 9.1M shares outstanding

9.1M 7.7M
Mar 08, 2022

10-K filing | 9.1M shares outstanding

9.1M 7.7M
Nov 12, 2021

S-3 filing: Laird Superfood files an S-3 form for a shelf offering of up to $100,000,000 in common stock and debt securities, with the possibility of offering common stock upon conversion of debt or exercise of warrants.

9M 7.7M
Nov 10, 2021

10-Q filing | 9.0M shares outstanding

9M 2.7M
Aug 11, 2021

10-Q filing | 9.0M shares outstanding

9M 2.7M
May 13, 2021

10-Q filing | 9.0M shares outstanding

9M 2.7M
Mar 16, 2021

10-K filing | 8.9M shares outstanding

8.9M 2.7M
Nov 12, 2020

10-Q filing | 8.9M shares outstanding

8.9M 2.7M
Sep 22, 2020

S-1/A filing: The filing is an S-1/A form indicating a proposed offering of common stock with an assumed initial public offering price of $21.50 per share, with 2,650,000 shares being purchased by new investors.

N/A 2.7M
Sep 15, 2020

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock with an assumed initial public offering price of $19.00 per share, offering 2,200,000 shares for $41,800,000.

N/A 2.2M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime