MediaAlpha, Inc. (MAX) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
MAX currently has 55.8M outstanding shares. with moderate dilution risk from 17.6M authorized shares representing 31.6% potential dilution. The company has minimally diluted shareholders by 9.53% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 29, 2026 |
10-Q filing | 55.8M shares outstanding |
56M | 18M |
| Oct 29, 2025 |
10-Q filing | 56.6M shares outstanding |
57M | 18M |
| Sep 05, 2025 |
8-K filing: MediaAlpha, Inc. repurchased 3,234,894 shares of its Class A common stock from Insignia in a private transaction at a price of $10.17 per share, for an aggregate purchase price of approximately $32.9 million. ($32.9M proceeds) |
56M | 18M |
| Aug 06, 2025 |
10-Q filing | 56.1M shares outstanding |
56M | 18M |
| Apr 30, 2025 |
10-Q filing | 55.6M shares outstanding |
56M | 18M |
| Feb 24, 2025 |
10-K filing | 53.0M shares outstanding |
53M | 18M |
| Nov 04, 2024 |
10-Q filing | 54.9M shares outstanding |
55M | 18M |
| Aug 01, 2024 |
10-Q filing | 53.4M shares outstanding |
53M | 18M |
| May 02, 2024 |
10-Q filing | 48.6M shares outstanding |
49M | 18M |
| Feb 22, 2024 |
10-K filing | 45.6M shares outstanding |
46M | 18M |
| Dec 22, 2023 |
POS AM filing: This is a POS AM filing regarding the offering of Class A common stock by selling stockholders. |
46M | 18M |
| Nov 02, 2023 |
10-Q filing | 46.2M shares outstanding |
46M | 18M |
| Aug 03, 2023 |
10-Q filing | 45.2M shares outstanding |
45M | 18M |
| May 05, 2023 |
10-Q filing | 43.9M shares outstanding |
44M | 18M |
| Mar 17, 2023 |
POS AM filing: This POS AM filing relates to the potential sale of Class A common stock by selling stockholders. The filing includes information on legal matters, where to find more information about the company, and documents incorporated by reference. |
42M | 18M |
| Feb 27, 2023 |
10-K filing | 41.9M shares outstanding |
42M | 18M |
| Nov 04, 2022 |
10-Q filing | 42.2M shares outstanding |
42M | 18M |
| Aug 05, 2022 |
10-Q filing | 41.7M shares outstanding |
42M | 18M |
| May 06, 2022 |
10-Q filing | 40.8M shares outstanding |
41M | 18M |
| Feb 28, 2022 |
10-K filing | 37.3M shares outstanding |
37M | 18M |
| Nov 12, 2021 |
S-3 filing: The filing relates to the offering of Class A common stock by selling stockholders. It includes information about underwriters, legal matters, and documents incorporated by reference. |
38M | 18M |
| Nov 12, 2021 |
10-Q filing | 38.4M shares outstanding |
38M | 18M |
| Aug 13, 2021 |
10-Q filing | 37.7M shares outstanding |
38M | 18M |
| May 14, 2021 |
10-Q filing | 38.6M shares outstanding |
39M | 18M |
| Mar 16, 2021 |
S-1 filing: This S-1 filing describes an offering of Class A common stock by selling stockholders, with 7,000,000 shares offered (or 8,050,000 shares if the underwriters exercise their option in full), and provides details on the company's capital structure, voting rights, exchange rights, tax receivables agreement, IPO lock-up release, use of proceeds, dividend policy, controlled company status, risk factors, and listing on the NYSE under the symbol 'MAX'. |
38M | 18M |
| Mar 15, 2021 |
10-K filing | 33.8M shares outstanding |
34M | 11M |
| Dec 11, 2020 |
10-Q filing | 33.2M shares outstanding |
33M | 11M |
| Oct 23, 2020 |
S-1/A filing: This is an S-1/A filing for MediaAlpha, Inc. registering Class A common stock. |
N/A | 11M |
| Oct 21, 2020 |
S-1/A filing: This is an S-1/A filing for an initial public offering of Class A common stock by MediaAlpha, Inc., with a secondary offering by a selling stockholder. |
N/A | 9.3M |
| Oct 20, 2020 |
S-1/A filing: This is an S-1/A filing for the initial public offering of MediaAlpha, Inc., consisting of a primary offering of 6,258,502 shares and a secondary offering of 2,991,498 shares of Class A common stock, with an anticipated price range of $18 to $20 per share. |
N/A | 9.3M |
| Oct 05, 2020 |
S-1 filing: This S-1 filing is for an initial public offering of Class A common stock by MediaAlpha, Inc., and a secondary offering of Class A common stock by a selling stockholder. |
N/A | 0 |