Innovative Eyewear Inc (LUCY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LUCY currently has 6.25M outstanding shares. with significant dilution risk as 30.1M authorized shares could dilute existing holders by 481.2%. The company has significantly diluted shareholders by 165.76% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
10-Q filing | 6.2M shares outstanding |
6.2M | 30M |
| Mar 25, 2026 |
10-K filing | 6.3M shares outstanding |
6.3M | 30M |
| Nov 13, 2025 |
10-Q filing | 4.9M shares outstanding |
4.9M | 30M |
| Aug 14, 2025 |
10-Q filing | 4.6M shares outstanding |
4.6M | 30M |
| Jul 18, 2025 |
S-1 filing: This prospectus relates to the resale of up to 2,370,345 shares of common stock issuable upon exercise of warrants. |
3.1M | 30M |
| Jun 24, 2025 |
8-K filing: Innovative Eyewear, Inc. completed an offering involving the exercise of existing warrants and the issuance of new Series I warrants, resulting in gross proceeds of approximately $2.2 million before deducting fees and expenses. ($2.22M proceeds) |
3.1M | 28M |
| May 13, 2025 |
10-Q filing | 3.1M shares outstanding |
3.1M | 28M |
| May 09, 2025 |
S-1 filing: This prospectus relates to the resale of up to 1,988,099 shares of common stock issuable upon exercise of warrants. |
2.5M | 28M |
| Apr 15, 2025 |
8-K filing: Innovative Eyewear, Inc. entered into inducement letter agreements with warrant holders to exercise existing warrants at a reduced price of $2.60 per share, issuing new Series G and Series H warrants in return, resulting in gross proceeds of approximately $1.8 million for working capital and general corporate purposes. ($2.04M proceeds) |
2.5M | 26M |
| Mar 24, 2025 |
10-K filing | 2.5M shares outstanding |
2.5M | 27M |
| Nov 12, 2024 |
10-Q filing | 2.4M shares outstanding |
2.4M | 27M |
| Oct 15, 2024 |
S-1/A filing: This prospectus relates to the resale of up to 1,360,876 shares of common stock, par value $0.00001 per share, of Innovative Eyewear, Inc., consisting of shares issuable upon exercise of warrants. |
1.6M | 27M |
| Oct 02, 2024 |
S-1 filing: This prospectus relates to the resale of up to 1,380,394 shares of common stock issuable upon exercise of warrants. |
1.6M | 27M |
| Sep 26, 2024 |
8-K filing: Innovative Eyewear, Inc. completed an offering where holders exercised warrants to purchase 263,160 shares of common stock at $9.875 per share, resulting in gross proceeds of approximately $2.6 million for the company. ($2.6M proceeds) |
1.6M | 26M |
| Sep 19, 2024 |
8-K filing: Innovative Eyewear, Inc. issued new unregistered Series C and Series D warrants to purchase up to an aggregate of 148,567 shares of Common Stock in consideration for the exercise of existing warrants, with gross proceeds expected to be approximately $762,148, and also issued warrants to Wainwright to purchase up to 11,143 shares of Common Stock. ($0.76M proceeds) |
1.6M | 26M |
| Sep 05, 2024 |
8-K filing: Innovative Eyewear, Inc. closed an offering on September 4, 2024, involving the exercise of existing warrants at a reduced price of $5.00 per share, resulting in gross proceeds of approximately $633,495 before fees and expenses and the issuance of new Series A and Series B warrants to purchase up to an aggregate of 126,699 shares of Common Stock and warrants to Wainwright to purchase up to 9,502 shares of Common Stock. ($0.63M proceeds) |
1.6M | 26M |
| Aug 12, 2024 |
10-Q filing | 1.6M shares outstanding |
1.6M | 26M |
| Jun 11, 2024 |
S-1/A filing: This prospectus relates to the resale of up to 10,173,782 shares of common stock of Innovative Eyewear, Inc., consisting of shares issuable upon exercise of warrants. |
18M | 26M |
| May 31, 2024 |
S-1 filing: This prospectus relates to the resale of up to 10,173,782 shares of common stock of Innovative Eyewear, Inc. issuable upon exercise of warrants originally issued on May 1, 2024 and May 29, 2024. |
18M | 26M |
| May 29, 2024 |
8-K filing: Innovative Eyewear, Inc. entered into a Securities Purchase Agreement to sell 5,263,161 shares of common stock and warrants to purchase up to 5,263,161 shares at a combined price of $0.475 per share and warrant, raising approximately $2.5 million in gross proceeds. ($2.5M proceeds) |
18M | 16M |
| May 14, 2024 |
10-Q filing | 17.5M shares outstanding |
18M | 16M |
| May 01, 2024 |
8-K filing: Innovative Eyewear, Inc. entered into a Securities Purchase Agreement to sell 4,200,822 shares of common stock and warrants to purchase up to 4,200,822 shares of common stock in a registered direct offering and concurrent private placement, raising approximately $1 million in gross proceeds. ($1.03M proceeds) |
13M | 16M |
| Mar 26, 2024 |
S-3/A filing: Innovative Eyewear, Inc. may offer and sell up to $50,000,000 in the aggregate of common stock, preferred stock, and/or debt securities from time to time, in one or more offerings. |
13M | 16M |
| Mar 25, 2024 |
10-K filing | 12.9M shares outstanding |
13M | 16M |
| Feb 07, 2024 |
S-3 filing: Innovative Eyewear, Inc. intends to offer and sell up to $50,000,000 in common stock, preferred stock and debt securities from time to time, in one or more offerings. |
13M | 16M |
| Nov 14, 2023 |
10-Q filing | 12.9M shares outstanding |
13M | 16M |
| Aug 11, 2023 |
10-Q filing | 12.9M shares outstanding |
13M | 16M |
| Jun 27, 2023 |
8-K filing: Innovative Eyewear, Inc. completed an offering of 4,500,000 units, each consisting of one share of common stock and a warrant to purchase one share of common stock, at a price of $1.05 per unit, resulting in gross proceeds of approximately $4.75 million. ($4.75M proceeds) |
8.4M | 16M |
| Jun 16, 2023 |
S-1 filing: The company is filing an S-1 to offer up to 7,142,857 units, each consisting of one share of common stock and one warrant, as well as pre-funded warrants to purchase shares of common stock on a best efforts basis. |
8.4M | 16M |
| May 26, 2023 |
S-1 filing: This prospectus relates to the resale of up to 300,000 shares of common stock issuable upon exercise of the warrants at an exercise price of $3.75 per share originally issued by Innovative Eyewear, Inc. on April 19, 2023. |
8.4M | 1.2M |
| May 12, 2023 |
10-Q filing | 8.4M shares outstanding |
8.4M | 940K |
| Apr 17, 2023 |
8-K filing: Innovative Eyewear Inc. entered into a warrant exercise inducement letter agreement with certain accredited investors to exercise existing warrants for 150,000 shares at $3.75 per share, resulting in gross proceeds of approximately $562,000, and will issue new warrants for 300,000 shares. ($0.56M proceeds) |
7.7M | 940K |
| Mar 24, 2023 |
10-K filing | 7.7M shares outstanding |
7.7M | 940K |
| Nov 10, 2022 |
10-Q filing | 7.3M shares outstanding |
7.3M | 940K |
| Sep 26, 2022 |
10-Q filing | 7.3M shares outstanding |
7.3M | 940K |
| Aug 18, 2022 |
8-K filing: Innovative Eyewear, Inc. completed its initial public offering of 980,000 units at $7.50 per unit, with each unit consisting of one share of common stock and two warrants; the company also granted the underwriter an option to purchase additional shares and warrants, which was partially exercised for 294,000 warrants. ($7.35M proceeds) |
6.3M | 940K |
| Aug 12, 2022 |
S-1/A filing: This S-1/A filing relates to an offering of units, each consisting of one share of common stock and two warrants, at a price of $8.50 per unit. The company intends to use the net proceeds for sales and marketing, inventory expansion, updating in-store displays, developing new smart eyewear styles, and working capital purposes. |
6.3M | 940K |
| Aug 03, 2022 |
S-1/A filing: This is an S-1/A filing for an initial public offering of units, each consisting of one share of common stock and two warrants, at an assumed price of $8.50 per unit. The company is also issuing representative's warrants to the underwriter. |
6.3M | 940K |
| Jul 25, 2022 |
S-1/A filing: This S-1/A filing from 2022-07-25 details an offering of 882,353 Units, each consisting of one share of common stock and two warrants, at an assumed price of $8.50 per Unit. The company intends to use the net proceeds of approximately $6.2 million for sales and marketing, inventory expansion, in-store display updates, development of new eyewear styles, and working capital. |
6.3M | 1.2M |
| May 27, 2022 |
S-1/A filing: This S-1/A filing relates to an offering of 1,538,461 Units at a public offering price of $6.50 per Unit, each unit consisting of one share of common stock and two warrants. It also covers compensation warrants to the underwriter. |
6.3M | 1.5M |
| May 09, 2022 |
S-1/A filing: The company is filing an S-1/A form to offer 1,538,461 Units, with each unit consisting of one share of common stock and two warrants, assuming a public offering price of $6.50 per Unit. |
6.2M | 4.7M |
| May 06, 2022 |
S-1/A filing: This S-1/A filing registers the offering of units, each consisting of one share of common stock and two warrants, at an assumed price of $6.50 per unit, as well as common stock issuable upon exercise of the warrants. The filing also covers representative's warrants to be issued to the underwriter. |
6.2M | 1.6M |
| Mar 29, 2022 |
S-1/A filing: This S-1/A filing from 2022-03-29 details an offering of 1,538,461 Units, each consisting of one share of common stock, one Series A Warrant, and one Series B Warrant, at an assumed price of $6.50 per Unit. The underwriters also have an option to purchase additional shares of common stock and/or Series A Warrants and/or Series B Warrants. The company estimates net proceeds of $8.5 million from the offering for sales and marketing, inventory expansion, in-store display updates, new style development, and general working capital. |
6.2M | 2.1M |
| Mar 23, 2022 |
S-1/A filing: This is an S-1/A filing for an initial public offering of units, each consisting of one share of common stock, one Series A Warrant, and one Series B Warrant, at an assumed price of $6.50 per unit. The company intends to list its common stock and Series A Warrants on the Nasdaq Capital Market. |
6.2M | 1.6M |
| Jan 26, 2022 |
S-1/A filing: This S-1/A filing is for an offering of 2,857,142 Units, each consisting of one share of common stock and one warrant, at an assumed price of $5.25 per Unit. The company estimates net proceeds of $13 million from the offering. |
6.1M | 5.7M |
| Jan 20, 2022 |
S-1/A filing: This is an S-1/A filing for an initial public offering of units, with each unit consisting of one share of common stock and one warrant. The company estimates net proceeds of approximately $13 million from the offering. |
6.1M | 3M |
| Jan 10, 2022 |
S-1/A filing: This S-1/A filing details the offering of 2,857,142 units at $5.25 per unit, each consisting of one share of common stock and one warrant to purchase one share of common stock. |
6.1M | 5.7M |
| Dec 13, 2021 |
S-1 filing: S-1 filing for an initial public offering including common stock and warrants. |
N/A | 0 |