The9 LTD (NCTY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NCTY currently has 1.39B 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
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 16, 2026 |
F-3 filing: The filing is an F-3 form for a shelf offering, allowing the company to offer and sell securities through underwriters, dealers, agents, or directly to purchasers. |
1.4B | 0 |
| Apr 28, 2025 |
20-F filing | 1391.6M shares outstanding |
1.4B | 0 |
| Apr 15, 2024 |
20-F filing | 847.4M shares outstanding |
850M | 0 |
| May 01, 2023 |
20-F filing | 677.8M shares outstanding |
680M | 0 |
| May 02, 2022 |
20-F filing | 247.1M shares outstanding |
250M | 0 |
| Apr 07, 2021 |
POS AM filing: This POS AM filing relates to the potential issuance of Class A ordinary shares upon the exercise of warrants and representative's warrants, with the proceeds intended for the development of the company's cryptocurrency mining business. |
470M | 0 |
| Mar 23, 2021 |
POS AM filing: This is a financial document parser outputing offering data from SEC filings, which mentions share issuance, sales agreements and convertible notes related to The9 Limited. |
440M | 0 |
| Feb 09, 2021 |
POS AM filing: This is a POS AM filing for The9 Limited. The filing discusses the issuance of convertible notes, warrants, and Class A ordinary shares, the company's debt obligations, and a possible electric vehicle venture. |
110M | 0 |
| Jan 04, 2021 |
POS AM filing: This POS AM filing relates to the offering of ADSs representing Class A ordinary shares issuable upon the exercise of warrants. It includes information on the number of shares outstanding and use of proceeds from the exercise of warrants. |
260M | 0 |
| Apr 30, 2020 |
20-F filing | 121.8M shares outstanding |
120M | 0 |
| Feb 27, 2020 |
RW filing: The company has determined not to proceed at this time with the proposed offering and sale of securities and is withdrawing the F-1 Registration Statement. |
N/A | 0 |