Nanobiotix S.A. (NBTX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 31, 2026

Risk Assessment Details

Potential Dilution: 11.62% of current shares
Recent Dilution: 2.7% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
48M
Potential Supply
5.6M
Additional shares possible
Splits
None
Past 2 years

Summary

NBTX currently has 48.4M outstanding shares. with limited dilution risk as only 5.62M additional shares (11.6%) are authorized for issuance. The company has minimally diluted shareholders by 2.7% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 31, 2026

20-F filing | 48.4M shares outstanding

48M 5.6M
Apr 02, 2025

20-F filing | 47.4M shares outstanding

47M 5.6M
Mar 06, 2025

F-3 filing: This is an F-3 filing for a shelf offering of ordinary shares and preferred shares, including ordinary shares in the form of American Depositary Shares, up to $200,000,000, and an additional offering of up to 5,623,816 ordinary shares by the selling shareholder.

47M 5.6M
Apr 24, 2024

20-F filing | 47.1M shares outstanding

47M 0
Apr 24, 2023

20-F filing | 34.9M shares outstanding

35M 0
Apr 08, 2022

20-F filing | 34.8M shares outstanding

35M 0
Feb 04, 2022

F-3 filing: Nanobiotix S.A. files an F-3 form for a shelf offering of ordinary shares (including Ordinary Shares in the Form of American Depositary Shares) and warrants up to $200,000,000.

34M 0
Apr 07, 2021

20-F filing | 34.4M shares outstanding

34M 0
Nov 20, 2020

F-1 filing: This is an F-1 filing for an offering of ordinary shares to be in the form of ADSs.

N/A 0
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