NeoVolta Inc. (NEOV) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 21, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 2.93% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
34M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NEOV currently has 34.2M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 2.93% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 21, 2026

8-K filing: NeoVolta Inc. issued 1,200,000 shares of common stock to PotiSedge Technology Pte Ltd. as consideration for management services.

34M 0
Jan 23, 2026

8-K filing: NeoVolta Inc. entered into a securities purchase agreement to issue and sell 2,100,841 shares of common stock at $4.76 per share in a registered direct offering, with gross proceeds expected to be approximately $10 million. ($10.0M proceeds)

34M 0
Nov 25, 2025

8-K filing: NeoVolta, Inc. entered into Subscription Agreements with accredited investors to sell 5,200,000 shares of common stock at $2.50 per share in a private placement, expected to close around December 1, 2025, with gross proceeds of approximately $13.0 million. ($13.0M proceeds)

34M 0
Nov 10, 2025

10-Q filing | 34.2M shares outstanding

34M 0
Oct 07, 2025

8-K filing: NeoVolta, Inc. acquired certain assets of Neubau Energy Inc. and issued 200,000 shares of NeoVolta common stock to the shareholders of Neubau Energy Inc. and may issue up to 4,000,000 additional shares of NeoVolta common stock to Seller upon the achievement of specified revenue and product launch milestones.

34M 0
May 09, 2025

10-Q filing | 33.6M shares outstanding

34M 0
Feb 07, 2025

10-Q filing | 33.3M shares outstanding

33M 0
Nov 08, 2024

10-Q filing | 33.2M shares outstanding

33M 0
Sep 27, 2024

10-K filing | 33.2M shares outstanding

33M 0
Jun 21, 2024

S-3 filing: NeoVolta, Inc. may from time to time issue up to $75,000,000 aggregate dollar amount of common stock, preferred stock, debt securities, warrants, purchase contracts, or units of securities.

33M 25M
Jun 21, 2024

POS AM filing: This prospectus relates to 1,179,750 shares of common stock issuable upon the exercise of warrants including 1,121,250 shares of common stock issuable upon exercise of warrants issued to investors in our initial public offering (the "publicly-traded warrants") and 58,500 of common stock issuable upon the exercise of warrants issued to the representative of the underwriters in our initial public offering (the "representative's warrants").

33M 25M
May 10, 2024

10-Q filing | 33.2M shares outstanding

33M 1.4M
Feb 09, 2024

10-Q filing | 33.2M shares outstanding

33M 1.4M
Nov 13, 2023

10-Q filing | 33.2M shares outstanding

33M 1.4M
Sep 22, 2023

10-K filing | 32.0M shares outstanding

32M 1.4M
May 12, 2023

10-Q filing | 33.2M shares outstanding

33M 1.4M
Feb 10, 2023

10-Q filing | 32.8M shares outstanding

33M 1.4M
Nov 10, 2022

10-Q filing | 32.8M shares outstanding

33M 1.4M
Sep 27, 2022

10-K filing | 32.8M shares outstanding

33M 1.4M
Aug 08, 2022

8-K filing: The company priced an underwritten public offering of its units at $4.00 per unit, each unit consisting of one share of common stock and one warrant. Underwriters exercised their option to purchase an additional 146,250 warrants and 146,250 shares of common stock.

22M 1.4M
Aug 01, 2022

8-K filing: NeoVolta, Inc. completed an underwritten public offering of units at $4.00 per unit, with each unit consisting of one share of common stock and one warrant to purchase one share of common stock; the offering involved the sale of 975,000 units, and the underwriter exercised a portion of their option to purchase an additional 146,250 warrants. ($3.9M proceeds)

22M 1.4M
Jul 11, 2022

S-1/A filing: The filing is an S-1/A form describing the offering of 1,125,000 Units, each consisting of one share of common stock and one warrant. It also includes information about the over-allotment option, warrants, use of proceeds, and underwriters' warrants.

22M 1.4M
Jul 06, 2022

S-1/A filing: The company is offering 1,125,000 Units, each consisting of one share of common stock and one warrant. They have also granted the underwriters an over-allotment option to purchase up to an additional 168,750 shares and/or warrants.

22M 1.3M
Jun 27, 2022

S-1/A filing: This is a Warrant Agency Agreement between NeoVolta, Inc. and Continental Stock Transfer & Trust Company, as Warrant Agent, outlining the terms and conditions for the issuance, registration, transfer, exchange, exercise, and replacement of warrants for common stock.

22M 2.4M
Jun 23, 2022

S-1/A filing: This is an S-1/A filing for an offering of units, each consisting of one share of common stock and warrants to purchase two shares of common stock.

22M 2.4M
Jun 03, 2022

S-1/A filing: This S-1/A filing outlines the offering of units, each consisting of one share of common stock and one warrant, with an over-allotment option for additional shares and/or warrants. The filing details the use of proceeds, underwriter warrants, proposed trading symbols, risk factors, and lock-up agreements.

22M 1.2M
May 20, 2022

S-1/A filing: The company is filing an S-1/A form to offer 1,666,666 units, each consisting of one share of common stock and one warrant. The company has also granted the underwriters an over-allotment option to purchase up to an additional 249,999 shares of common stock and/or warrants.

22M 3.4M
May 04, 2022

S-1/A filing: This is an S-1/A filing for an offering of 1,666,666 Units, each consisting of one share of common stock and one warrant.

22M 3.4M
Apr 13, 2022

S-1 filing: The company is filing an S-1 to offer 1,666,666 Units, each Unit consisting of one share of common stock and one warrant to purchase one share of common stock.

22M 3.7M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime