Lifezone Metals Ltd (LZM) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LZM currently has 85.5M outstanding shares. with limited dilution risk as only 2.5M additional shares (2.9%) are authorized for issuance. The company has minimally diluted shareholders by 8.06% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 19, 2026 |
20-F filing | 85.5M shares outstanding |
86M | 2.5M |
| Aug 22, 2025 |
F-3 filing: Lifezone Metals Limited is offering 2,500,000 ordinary shares of common stock issuable upon the exercise of warrants received in connection with the Bridge Facility. |
79M | 2.5M |
| Apr 09, 2025 |
20-F filing | 79.1M shares outstanding |
79M | 0 |
| Aug 01, 2024 |
F-3 filing: Lifezone Metals Limited is filing an F-3 form to register securities for resale by Selling Securityholders, who may offer them from time to time through public or private transactions at prevailing market or negotiated prices. |
80M | 0 |
| Aug 01, 2024 |
POS AM filing: This is a POS AM filing registering for resale Lifezone Metals Ordinary Shares and Private Placement Warrants by the Selling Securityholders, as well as Ordinary Shares issuable upon exercise of Public and Private Placement Warrants, with the company potentially receiving up to $166.4 million from warrant exercises. |
81M | 0 |
| Apr 24, 2024 |
POS AM filing: This POS AM filing registers for resale 103,675,724 Lifezone Metals Ordinary Shares (including Earnout and Sponsor Earnout Shares), 667,500 Private Placement Warrants, 14,391,150 Lifezone Metals Ordinary Shares issuable upon exercise of Public Warrants, and 667,500 Lifezone Metals Ordinary Shares issuable upon exercise of Private Placement Warrants. |
80M | 0 |
| Apr 01, 2024 |
20-F filing | 78.3M shares outstanding |
78M | 120M |
| Jun 23, 2023 |
F-1 filing: This is an F-1 filing registering for resale Lifezone Metals Ordinary Shares and Private Placement Warrants by Selling Securityholders, and registering Lifezone Metals Ordinary Shares issuable upon exercise of Public and Private Placement Warrants. |
100M | 120M |