Nuveen Churchill Direct Lending Corp. (NCDL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 08, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
52M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NCDL currently has 52.2M outstanding shares. with minimal authorized share overhang for future dilution. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2025

10-Q filing | 52.2M shares outstanding

52M 0
Feb 27, 2025

10-K filing | 54.1M shares outstanding

54M 0
Nov 07, 2024

10-Q filing | 54.7M shares outstanding

55M 0
Aug 07, 2024

10-Q filing | 54.8M shares outstanding

55M 0
May 09, 2024

10-Q filing | 55.0M shares outstanding

55M 0
Feb 27, 2024

10-K filing | 54.8M shares outstanding

55M 0
Oct 30, 2023

10-Q filing | 35.7M shares outstanding

36M 0
Aug 04, 2023

10-Q filing | 35.6M shares outstanding

36M 0
May 05, 2023

10-Q filing | 31.1M shares outstanding

31M 0
Mar 09, 2023

10-K filing | 28.7M shares outstanding

29M 0
Jan 25, 2022

8-K filing: Nuveen Churchill Direct Lending Corp. issued 1,541,568 shares of its common stock for an aggregate offering price of $30 million on January 21, 2022, pursuant to a drawdown notice dated January 6, 2022. ($30.0M proceeds)

N/A 0
Dec 14, 2021

8-K filing: Nuveen Churchill Direct Lending Corp. issued 1,491,676 shares of its common stock for an aggregate offering price of $29.2 million on December 9, 2021, pursuant to a drawdown notice dated November 24, 2021. ($29.2M proceeds)

N/A 0
Nov 03, 2021

8-K filing: Nuveen Churchill Direct Lending Corp. issued 1,546,427 shares of common stock for an aggregate offering price of $30 million on November 1, 2021, pursuant to a drawdown notice dated October 18, 2021. ($30.0M proceeds)

N/A 0
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