MANGOCEUTICALS, INC. (MGRX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 19, 2026

Risk Assessment Details

Potential Dilution: 52.07% of current shares
Recent Dilution: 1696.92% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
16M
Potential Supply
8.6M
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

MGRX currently has 16.5M outstanding shares. with significant dilution risk as 8.58M authorized shares could dilute existing holders by 52.1%. The company has significantly diluted shareholders by 1696.92% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 19, 2026

10-Q filing | 16.5M shares outstanding

16M 8.6M
Apr 01, 2026

10-K filing | 17.0M shares outstanding

17M 8.6M
Jan 23, 2026

S-1/A filing: This S-1/A filing from Mangoceuticals, Inc. registers shares of common stock for resale by selling stockholders, including shares issuable upon exercise of warrants and already issued shares.

16M 8.6M
Dec 19, 2025

8-K filing: Mangoceuticals, Inc. entered into a securities purchase agreement with an institutional investor to issue and sell common shares and warrants in a registered direct offering and a concurrent private placement for gross proceeds of approximately $2.5 million. ($2.5M proceeds)

14M 5.9M
Nov 14, 2025

10-Q filing | 13.9M shares outstanding

14M 5.9M
Sep 02, 2025

8-K filing: Mangoceuticals, Inc. sold 709,677 shares of restricted common stock to five accredited investors for $1.55 per share, totaling $1,100,000. ($1.1M proceeds)

10M 5.9M
Aug 14, 2025

10-Q filing | 10.0M shares outstanding

10M 5.9M
Aug 04, 2025

8-K filing: Mangoceuticals, Inc. entered into a Mutual Rescission and Release Agreement with Navy Wharf, Ltd, terminating a Master Distribution Agreement and canceling 1,000,000 shares of the Company's restricted common stock previously issued to Navy Wharf. Additionally, a warrant holder exercised warrants to purchase 198,000 shares of common stock at $1.50 per share, for total proceeds of $297,000. ($0.3M proceeds)

11M 5.9M
Jul 10, 2025

8-K filing: Mango & Peaches Corp., a wholly-owned subsidiary of Mangoceuticals, Inc., filed a Certificate of Designations for its 6% Series B Convertible Cumulative Preferred Stock, designating 1,000,000 shares with specific dividend, liquidation, conversion, voting, protective, and redemption rights.

11M 5.9M
Jun 13, 2025

S-3 filing: The company intends to offer common stock, preferred stock, debt securities, warrants, or a combination of these securities for an aggregate initial offering price of up to $150 million.

11M 5.9M
Jun 10, 2025

8-K filing: Mangoceuticals, Inc. issued shares of common stock through warrant exercises and conversion of preferred stock, as well as sales under an Equity Line of Credit (ELOC). ($0.34M proceeds)

11M 5.9M
May 30, 2025

8-K filing: Mangoceuticals, Inc. issued 70,454 shares of common stock and warrants to purchase 35,227 shares of common stock for $116,249, and issued 120,000 shares of restricted common stock to Levo Healthcare Consulting, Inc. for marketing services. ($0.12M proceeds)

11M 5.9M
May 30, 2025

S-1 filing: Mangoceuticals, Inc. is registering 4,461,718 shares of common stock for resale by selling stockholders, including shares issuable upon exercise of warrants, conversion of Series B Convertible Preferred Stock, and conversion of a promissory note.

11M 5.9M
May 23, 2025

8-K filing: Mangoceuticals, Inc. entered into Rescission Agreements with ArcStone Securities, Smokeless Technology Corp., and Strategem Solutions Inc. to terminate previous agreements, resulting in the cancellation of shares and return of intellectual property. ($0.26M proceeds)

11M 1.5M
May 15, 2025

10-Q filing | 11.0M shares outstanding

11M 1.5M
May 06, 2025

8-K filing: Mangoceuticals, Inc. borrowed $100,000 from The Tiger Cub Trust, controlled by CEO Jacob D. Cohen, and issued 62,500 shares of restricted common stock to 1800 Diagonal Lending, LLC as part of a settlement agreement.

6.2M 1.5M
Apr 25, 2025

8-K filing: Mangoceuticals, Inc. entered into an Intellectual Property Purchase Agreement with Smokeless Technology Corp. for intellectual property related to oral pouches, issuing 1,600,000 shares of restricted common stock and agreeing to royalty payments, and entered into a Consulting Agreement with Strategem Solutions Inc., issuing 120,000 shares of common stock for consulting services.

6.2M 1.5M
Apr 17, 2025

8-K filing: Mangoceuticals, Inc. sold 100 shares of Series B Convertible Preferred Stock to an institutional accredited investor for $100,000 on April 11, 2025, and also borrowed $500,000 from Indigo Capital LP via a Promissory Note on April 15, 2025. ($0.1M proceeds)

6.2M 1.5M
Apr 08, 2025

8-K filing: Mangoceuticals, Inc. issued 256,666 shares of common stock upon conversion of Series B Convertible Preferred Stock and 333,333 shares of common stock upon conversion of debt owed to MAAB Global Ltd.

6.2M 1.5M
Apr 02, 2025

8-K filing: On March 28, 2025, holders of Mangoceuticals, Inc.'s Series B Convertible Preferred Stock converted shares into common stock of the Company pursuant to the terms of such Series B Convertible Preferred Stock, including the current conversion price of $1.50 per share.

6.2M 1.5M
Mar 28, 2025

8-K filing: Series B Convertible Preferred Stock was converted into common stock of the Company pursuant to the terms of such Series B Convertible Preferred Stock, including the current conversion price of $1.50 per share.

6.2M 1.5M
Mar 25, 2025

8-K filing: Mangoceuticals, Inc. issued 1,000,000 shares of restricted common stock to Navy Wharf, Ltd. pursuant to a Master Distribution Agreement.

6.2M 1.5M
Mar 20, 2025

10-K filing | 5.2M shares outstanding

5.2M 1.5M
Feb 19, 2025

8-K filing: Mangoceuticals, Inc. issued 200,000 shares of restricted common stock to 6330 Investment & Consulting Gmbh for consulting services and issued 80,000 shares upon warrant exercise at $1.50 per share. ($0.12M proceeds)

2.5M 1.5M
Feb 12, 2025

8-K filing: Mangoceuticals, Inc. executed several unregistered sales of equity securities, including the sale of restricted common stock, the issuance of common stock upon warrant exercises, and the conversion of preferred stock into common stock. ($0.71M proceeds)

2.5M 1.5M
Feb 07, 2025

8-K filing: Mangoceuticals, Inc. sold 70,000 shares of its restricted common stock to an accredited investor for $105,000, at a price of $1.50 per share, pursuant to a Subscription Agreement. ($0.11M proceeds)

2.5M 1.5M
Jan 31, 2025

8-K filing: Mangoceuticals, Inc. entered into a First Amendment to Payment Plan Letter Agreement with MAAB Global Ltd., allowing MAAB to convert $500,000 of debt into shares of the Company's common stock at a conversion price of $1.50 per share.

2.5M 1.5M
Jan 21, 2025

8-K filing: Mangoceuticals, Inc. converted $150,000 of debt owed to Mill End Capital Ltd. into 100,000 shares of restricted common stock at a conversion price of $1.50 per share. ($0.15M proceeds)

2.5M 1.5M
Jan 15, 2025

8-K filing: Mango & Peaches Corp., a wholly-owned subsidiary of Mangoceuticals, Inc., filed a Certificate of Designations establishing the designations, preferences, limitations, and relative rights of its Series A Super Majority Voting Preferred Stock, designating 100 shares of Series A Preferred Stock with special voting rights.

2.5M 1.5M
Jan 08, 2025

8-K filing: Mangoceuticals, Inc. entered into Securities Purchase Agreements with institutional accredited investors to sell Series B Convertible Preferred Stock and warrants to purchase common stock, closing the offering on January 6, 2025. ($0.9M proceeds)

2.5M 1.5M
Dec 26, 2024

8-K filing: Mangoceuticals, Inc. entered into Securities Purchase Agreements with institutional accredited investors, selling 250 shares of Series B Convertible Preferred Stock for $250,000 and warrants to purchase 330,000 shares of common stock, and 100 shares of Series B Preferred Stock for $100,000 and warrants to purchase 132,000 shares of common stock. ($0.35M proceeds)

2.5M 1.5M
Dec 19, 2024

8-K filing: Mangoceuticals, Inc. purchased patents from Greenfield Investments, Ltd for 515,000 shares of the company's restricted common stock on December 13, 2024.

2.5M 1.5M
Dec 06, 2024

8-K filing: Mangoceuticals, Inc. issued 40,000 shares of restricted common stock to Greentree Financial Group, Inc. as part of a service agreement.

2.5M 1.5M
Nov 14, 2024

10-Q filing | 2.5M shares outstanding

2.5M 1.5M
Oct 25, 2024

8-K filing: Mangoceuticals, Inc. sold 33,333 shares of common stock to Platinum Point Capital at $2.36 per share for total proceeds of $78,787 and the Purchaser converted 200 shares of Series B Preferred Stock into 93,299 shares of common stock. ($0.3M proceeds)

30M 22M
Oct 16, 2024
Stock Split

8-K filing: Stock split 1-for-15 | Outstanding: 29,905,803 → 1,993,720

2M 1.5M
Oct 02, 2024

8-K filing: Mangoceuticals, Inc. issued shares of common stock to Veritas Consulting Group, Inc., Levo Healthcare Consulting, Inc., and Luca Consulting, LLC for services, sold shares to Platinum Point Capital, and converted shares of Series B Preferred Stock into common stock. ($1.16M proceeds)

30M 22M
Sep 27, 2024

8-K filing: On September 26, 2024, the Company sold the Purchaser an additional 250 shares of Series B Preferred Stock for $250,000 in connection with a partial closing of the Fourth Closing. ($0.25M proceeds)

30M 22M
Aug 23, 2024

8-K filing: On August 22, 2024, the Company sold the Purchaser an additional 500 shares of Series B Preferred Stock for $500,000 in connection with a partial closing of the Fourth Closing. ($0.5M proceeds)

30M 22M
Aug 16, 2024

S-1 filing: This S-1 filing registers shares of common stock to be issued for resale by selling stockholders, including shares issuable upon exercise of warrants and conversion of Series B Convertible Preferred Stock. The company will not receive proceeds from the sale of shares by the selling stockholders, but may receive proceeds from the exercise of warrants.

30M 22M
Aug 14, 2024

10-Q filing | 29.9M shares outstanding

30M 6M
Jul 26, 2024

POS AM filing: This is a post-effective amendment to deregister 13,220,829 unsold shares of common stock previously registered under the Registration Statement that were issuable upon conversion of 500 shares of Series B Preferred Stock. As of July 25, 2024, all 500 shares of Series B Preferred Stock were fully converted.

23M 6M
Jul 02, 2024

8-K filing: Mangoceuticals, Inc. amended its Securities Purchase Agreement, completed a third closing involving the sale of Series B Preferred Stock and warrants, and provided updates on prior transactions involving the conversion of Series B Preferred Stock into Common Stock. ($1.0M proceeds)

23M 36M
Jun 05, 2024

8-K filing: Mangoceuticals, Inc. issued 192,308 shares of restricted common stock to a third party consultant for professional relations and consulting services, with additional shares to be issued later.

23M 36M
May 15, 2024

10-Q filing | 22.8M shares outstanding

23M 36M
May 06, 2024

S-1/A filing: The filing registers shares of common stock to permit the resale of these shares by the holders, with proceeds from the ELOC and warrant exercises to be used for general working capital.

24M 36M
Apr 25, 2024

8-K filing: Mangoceuticals, Inc. issued 980,000 shares of its newly designated 6% Series C Convertible Preferred Stock to Intramont Technologies, Inc. for $19,600,000 as part of a Patent Purchase Agreement. ($19.6M proceeds)

24M 36M
Apr 23, 2024

S-1 filing: This S-1 filing registers 30,014,286 shares of common stock for sale by selling stockholders, including shares issued as a commitment fee, shares issuable under an ELOC, shares issuable upon exercise of warrants, and shares issuable upon conversion of Series B Convertible Preferred Stock.

24M 36M
Apr 11, 2024

8-K filing: Mangoceuticals, Inc. entered into a Securities Purchase Agreement to sell Series B Convertible Preferred Stock and warrants to an institutional accredited investor for $1,500,000, and an Equity Purchase Agreement for the potential sale of common stock up to $25,000,000. ($1.0M proceeds)

24M 6M
Apr 01, 2024

10-K filing | 23.6M shares outstanding

24M 6M
Jan 23, 2024

8-K filing: Mangoceuticals, Inc. completed the sale of an additional 600,000 shares of common stock to underwriters on January 22, 2024, after the underwriters exercised their over-allotment option in full. Additionally, the company issued a warrant to the Representative for the purchase of 42,000 shares of its common stock.

17M 6M
Dec 19, 2023

8-K filing: Mangoceuticals, Inc. completed a public offering, selling 4,000,000 shares of its common stock at $0.30 per share, and issued a warrant to the Representative for 280,000 shares at an exercise price of $0.38. ($1.2M proceeds)

17M 6M
Dec 18, 2023

POS AM filing: Mangoceuticals, Inc. is offering 4,000,000 shares of its common stock at a public offering price of $0.30 per share.

17M 6M
Dec 15, 2023

POS AM filing: Mangoceuticals, Inc. is offering 4,000,000 shares of its common stock on a firm commitment basis.

17M 6M
Dec 12, 2023

S-1/A filing: Mangoceuticals, Inc. is offering 5,000,000 shares of its common stock on a firm commitment basis.

17M 12M
Dec 11, 2023

8-K filing: The company issued 100,000 shares of restricted common stock to Marius Pharmaceuticals, LLC in connection with a Marketing Agreement.

16M 12M
Dec 11, 2023

S-1 filing: Mangoceuticals, Inc. is offering 5,000,000 shares of its common stock on a firm commitment basis, with an over-allotment option for the underwriter to purchase up to 750,000 additional shares.

17M 12M
Oct 27, 2023

10-Q filing | 15.9M shares outstanding

16M 6M
Sep 08, 2023

8-K filing: Mangoceuticals, Inc. issued 75,000 shares of restricted common stock to Greentree Financial Group, Inc. as part of a service agreement.

16M 6M
Jul 28, 2023

10-Q filing | 15.8M shares outstanding

16M 6M
Jun 23, 2023

8-K filing: Mangoceuticals, Inc. issued 474,500 shares of common stock upon the exercise of warrants for $474,500 and agreed to issue 50,000 restricted shares of common stock to a consultant. ($0.47M proceeds)

16M 6M
May 10, 2023

10-Q filing | 16.0M shares outstanding

16M 6M
Feb 28, 2023

S-1/A filing: This S-1/A filing details a firm commitment initial public offering of Mangoceuticals, Inc. shares of common stock at $4.00 per share, along with the registration for resale of existing shares and shares issuable upon warrant exercise.

14M 6M
Feb 21, 2023

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock by Mangoceuticals, Inc., subject to completion and Nasdaq approval, also registering the resale of existing shares and shares issuable upon warrant exercise.

14M 6.2M
Feb 06, 2023

S-1/A filing: This is a firm commitment initial public offering of shares of common stock of Mangoceuticals, Inc.

14M 6M
Jan 26, 2023

S-1/A filing: This is a firm commitment initial public offering of shares of common stock of Mangoceuticals, Inc.

14M 1.3M
Jan 13, 2023

S-1 filing: This is a firm commitment initial public offering of shares of common stock of Mangoceuticals, Inc.

14M 3.3M
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