Metalpha Technology Holding Ltd (MATH) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: July 30, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 6.04% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
39M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

MATH currently has 39.5M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 6.04% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jul 30, 2025

20-F filing | 39.5M shares outstanding

39M 0
Oct 30, 2024

20-F filing | 37.2M shares outstanding

37M 0
Feb 12, 2024

20-F filing | 31.0M shares outstanding

31M 2.3M
Aug 16, 2022

20-F filing | 23.6M shares outstanding

24M 9.7M
Dec 27, 2021

F-3 filing: This F-3 filing relates to the resale of 21,900,000 ordinary shares by selling shareholders of Dragon Victory International Limited.

13M 20M
Aug 02, 2021

20-F filing | 13.3M shares outstanding

13M 0
Feb 03, 2021

F-3 filing: The filing is an F-3 form, indicating a potential offering of securities that may be sold at varying prices and through different methods, including direct sales to existing shareholders or through underwriters.

11M 0
Dec 11, 2020

F-3 filing: This is an F-3 filing for a shelf offering, allowing the company to sell securities at various prices and methods, including through agents, underwriters, or directly to existing shareholders.

11M 0
Aug 17, 2020

20-F filing | 11.4M shares outstanding

11M 0
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