Microvast Holdings, Inc. (MVST) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 11, 2026

Risk Assessment Details

Potential Dilution: 25.4% of current shares
Recent Dilution: 8.48% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
330M
Potential Supply
84M
Additional shares possible
Splits
None
Past 2 years

Summary

MVST currently has 332M outstanding shares. with moderate dilution risk from 84.4M authorized shares representing 25.4% potential dilution. The company has minimally diluted shareholders by 8.48% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 11, 2026

10-Q filing | 332.4M shares outstanding

330M 84M
Mar 16, 2026

10-K filing | 324.7M shares outstanding

320M 92M
Nov 10, 2025

10-Q filing | 323.8M shares outstanding

320M 93M
Aug 11, 2025

10-Q filing | 323.6M shares outstanding

320M 93M
May 12, 2025

10-Q filing | 323.4M shares outstanding

320M 93M
Apr 28, 2025

S-3/A filing: Microvast Holdings, Inc. files an S-3/A form to offer and sell up to $250,000,000 of common stock and preferred stock from time to time, and a selling stockholder may offer and sell up to 5,500,000 shares of common stock.

320M 98M
Mar 31, 2025

10-K filing | 318.5M shares outstanding

320M 0
Jan 24, 2025

S-3 filing: Microvast Holdings, Inc. files an S-3 form to offer and sell common stock and preferred stock, with an aggregate initial offering price not to exceed $250,000,000; also, a selling stockholder may offer and sell up to 5,500,000 shares of common stock.

320M 0
Nov 12, 2024

10-Q filing | 320.5M shares outstanding

320M 0
Aug 09, 2024

10-Q filing | 307.7M shares outstanding

310M 0
Jun 04, 2024

8-K filing: Microvast Holdings, Inc. entered into a Loan and Security Agreement with Yang Wu as initial lender, providing for an initial term loan of $12,000,000 and a delayed draw term loan of $13,000,000, and issued a warrant to the Initial Lender exercisable for 5,500,000 shares of common stock at an exercise price of $2.00 per share.

310M 0
May 09, 2024

10-Q filing | 307.7M shares outstanding

310M 0
Apr 01, 2024

10-K filing | 317.2M shares outstanding

320M 0
Nov 09, 2023

10-Q filing | 306.0M shares outstanding

310M 0
Aug 08, 2023

10-Q filing | 300.6M shares outstanding

300M 0
May 09, 2023

10-Q filing | 298.8M shares outstanding

300M 1.7M
Mar 16, 2023

10-K filing | 309.4M shares outstanding

310M 0
Nov 10, 2022

10-Q filing | 309.3M shares outstanding

310M 0
Aug 11, 2022

10-Q filing | 302.5M shares outstanding

300M 0
Jul 28, 2022

POS AM filing: This prospectus relates to the issuance of up to 27,600,000 shares of common stock upon exercise of public warrants and the offer and sale of up to 293,860,085 shares of common stock and up to 837,000 private warrants by the selling holders.

300M 0
May 23, 2022

S-1/A filing: The filing relates to the registration of the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by the Selling Holders.

300M 320M
May 16, 2022

10-Q filing | 302.5M shares outstanding

300M 320M
Apr 29, 2022

S-1/A filing: The filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Apr 08, 2022

S-1/A filing: This S-1/A filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Mar 29, 2022

10-K filing | 300.5M shares outstanding

300M 320M
Jan 28, 2022

S-1/A filing: The filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Jan 05, 2022

S-1/A filing: S-1/A filing registering the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Dec 14, 2021

S-1/A filing: The filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Nov 15, 2021

10-Q filing | 300.5M shares outstanding

300M 320M
Nov 02, 2021

S-1/A filing: Microvast is registering the issuance of up to 27,600,000 shares of common stock upon exercise of public warrants and the resale of up to 293,860,085 shares of common stock and up to 837,000 warrants by selling holders.

300M 320M
Sep 24, 2021

S-1/A filing: The filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Aug 20, 2021

S-1 filing: The filing registers the issuance of common stock upon exercise of public warrants and the resale of common stock and warrants by selling holders.

300M 320M
Aug 17, 2021

10-Q filing | 300.5M shares outstanding

300M 0
Jun 02, 2021

10-Q filing | 35.5M shares outstanding

35M 0
Mar 25, 2021

10-K filing | 35.5M shares outstanding

35M 0
Feb 05, 2021

8-K filing: Tuscan Holdings Corp. entered into a merger agreement with Microvast, Inc., involving a reverse triangular merger, PIPE financing of $482.5 million, and issuance of 210 million shares of Parent Common Stock to Microvast shareholders and MPS Investors, along with conversion of promissory notes into 6,736,111 shares of Parent Common Stock. ($482.5M proceeds)

35M 0
Nov 09, 2020

10-Q filing | 35.5M shares outstanding

35M 0
Aug 07, 2020

10-Q filing | 35.5M shares outstanding

35M 0
May 04, 2020

10-Q filing | 8.4M shares outstanding

8.4M 0
Mar 13, 2020

10-K filing | 7.2M shares outstanding

7.2M 0
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