Nano Labs Ltd (NA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NA currently has 20.6M outstanding shares. with significant dilution risk as 39.6M authorized shares could dilute existing holders by 192.0%. The company has significantly diluted shareholders by 54.07% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 13, 2026 |
20-F filing | 20.6M shares outstanding |
21M | 40M |
| Jul 09, 2025 |
F-3 filing: This F-3 filing relates to the proposed resale of 5,952,381 Class A ordinary shares issuable upon the exercise of warrants, with the company not receiving any proceeds from the sale of these shares but potentially receiving proceeds from the exercise of the warrants. |
17M | 43M |
| Apr 25, 2025 |
POS AM filing: This POS AM filing discusses the issuance of ordinary shares upon the exercise of stock options and includes an offering of up to 652,174 Class A Ordinary Shares issuable upon the exercise of warrants by selling shareholders. |
17M | 37M |
| Apr 11, 2025 |
20-F filing | 12.8M shares outstanding |
13M | 42M |
| Sep 30, 2024 |
POS AM filing: This POS AM filing relates to the issuance of ordinary shares upon the exercise of stock options and includes an offering of Class A Ordinary Shares issuable upon the exercise of warrants by selling shareholders. |
74M | 0 |
| Apr 29, 2024 |
F-1 filing: Issuance of ordinary shares upon the exercise of stock options and offering of Class A ordinary shares upon exercise of warrants by selling shareholders. |
75M | 0 |
| Apr 08, 2024 |
20-F filing | 37.2M shares outstanding |
37M | 17M |
| Aug 14, 2023 |
F-3 filing: Nano Labs Ltd files an F-3 registration statement to offer Class A ordinary shares, preferred shares, debt securities, and warrants for an aggregate offering price of up to US$100,000,000. |
54M | 0 |
| Apr 18, 2023 |
20-F filing | 54.3M shares outstanding |
54M | 0 |