InspireMD, Inc. (NSPR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 225.85% of current shares
Recent Dilution: 81.81% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
47M
Potential Supply
110M
Additional shares possible
Splits
None
Past 2 years

Summary

NSPR currently has 46.8M outstanding shares. with significant dilution risk as 106M authorized shares could dilute existing holders by 225.8%. The company has significantly diluted shareholders by 81.81% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 46.8M shares outstanding

47M 110M
Apr 03, 2026

8-K filing: InspireMD, Inc. entered into an Equity Distribution Agreement with BTIG, LLC to offer and sell up to $75,000,000 of shares of the Company's common stock and terminated a previous agreement with Piper Sandler & Co.

47M 110M
Mar 18, 2026

10-K filing | 46.8M shares outstanding

47M 110M
Nov 10, 2025

10-Q filing | 42.4M shares outstanding

42M 110M
Aug 06, 2025

S-3 filing: Resale of common stock by selling stockholders.

42M 110M
Aug 04, 2025

10-Q filing | 41.7M shares outstanding

42M 94M
Jul 31, 2025

8-K filing: InspireMD, Inc. entered into a securities purchase agreement for a private placement offering of 6,791,380 common shares and pre-funded warrants to purchase up to 9,764,804 common shares, with gross proceeds of approximately $40.1 million expected to close on August 1, 2025, and also announced the completion of the full exercise of 12.9 million Series I warrants converted into 2,352,393 common shares and 10,561,685 pre-funded warrants with gross proceeds of approximately $17.9 million. ($58.0M proceeds)

31M 110M
May 08, 2025

10-Q filing | 30.6M shares outstanding

31M 110M
Apr 01, 2025

S-3 filing: The filing is an S-3 form for an at-the-market offering of common stock with a proposed amount of up to $75,000,000. The offering will be made through Piper Sandler, with the net proceeds used for general corporate purposes.

27M 110M
Mar 12, 2025

10-K filing | 29.7M shares outstanding

30M 110M
Nov 12, 2024

10-Q filing | 26.1M shares outstanding

26M 110M
Aug 05, 2024

10-Q filing | 25.7M shares outstanding

26M 110M
Jul 01, 2024

8-K filing: The Company announced the completion of the full exercise of 12.9 million of the Company's Series H warrants, resulting in the conversion into 292,996 of common shares and 12,599,343 of pre-funded warrants, with gross proceeds of $17.9 million. ($17.9M proceeds)

25M 110M
May 13, 2024

10-Q filing | 24.9M shares outstanding

25M 110M
Mar 05, 2024

10-K filing | 24.3M shares outstanding

24M 110M
Nov 06, 2023

10-Q filing | 21.5M shares outstanding

22M 110M
Aug 07, 2023

10-Q filing | 21.1M shares outstanding

21M 110M
May 23, 2023

S-3 filing: This S-3 filing registers for resale up to 77,484,492 shares of common stock held by selling stockholders, consisting of shares, pre-funded warrant shares, and warrant shares, issued pursuant to a private placement transaction consummated on May 16, 2023.

8.1M 130M
May 15, 2023

8-K filing: InspireMD, Inc. entered into a securities purchase agreement to sell and issue 10,266,270 shares of common stock, pre-funded warrants to purchase up to 15,561,894 shares of common stock, and warrants to purchase up to 51,656,328 shares of common stock in a private placement offering at a price of $1.6327 per share and associated warrants and $1.6326 per pre-funded warrant and associated warrants, with gross proceeds of approximately $42.2 million expected to close on or about May 15, 2023. ($42.2M proceeds)

7.9M 51M
May 15, 2023

10-Q filing | 8.1M shares outstanding

8.1M 50M
Mar 30, 2023

10-K filing | 7.9M shares outstanding

7.9M 51M
Nov 07, 2022

10-Q filing | 7.8M shares outstanding

7.8M 51M
Aug 08, 2022

10-Q filing | 7.8M shares outstanding

7.8M 51M
Jun 03, 2022

S-3 filing: InspireMD, Inc. may offer, issue and sell from time to time up to $150,000,000 of our common stock, preferred stock, subscription rights, debt securities, warrants and a combination of such securities, separately or as units, in one or more offerings.

8.3M 50M
May 09, 2022

10-Q filing | 7.8M shares outstanding

7.8M 51M
Mar 07, 2022

10-K filing | 8.3M shares outstanding

8.3M 50M
Nov 08, 2021

10-Q filing | 8.1M shares outstanding

8.1M 51M
Aug 09, 2021

10-Q filing | 7.9M shares outstanding

7.9M 51M
May 10, 2021

10-Q filing | 3.3M shares outstanding

3.3M 55M
Apr 05, 2021

S-3 filing: InspireMD, Inc. is offering up to 1,341,682 shares of its common stock by a selling stockholder, who received these shares in a private placement transaction on February 5, 2021, to satisfy a covenant in the investor rights agreement.

38M 20M
Mar 08, 2021

10-K filing | 38.4M shares outstanding

38M 19M
Feb 09, 2021

8-K filing: InspireMD, Inc. completed a public offering of 29,032,258 units at $0.62 per unit on February 8, 2021, with each unit comprising one share of common stock and one Series G warrant, and the underwriter fully exercised its option to purchase an additional 4,354,838 units. ($20.17M proceeds)

71M 0
Feb 03, 2021

S-1/A filing: InspireMD, Inc. is offering 19,677,292 units, each consisting of one share of common stock and/or one Series G Warrant to purchase one half of one share of common stock, and pre-funded units. The company intends to use the net proceeds of this offering to fund its anticipated pivotal clinical trials in connection with its CGuard™ Carotid Stent System, CARENET-III for the prevention of stroke caused by carotid artery disease (CAD) including the costs of producing and manufacturing the product required for the trial and enhancements to our manufacturing and quality systems for purposes of compliance with FDA Good Manufacturing Practices (GMP) and for working capital and general corporate purposes.

71M 0
Feb 03, 2021

8-K filing: InspireMD, Inc. entered into a Distribution Agreement with China-based partners for exclusive distribution rights in China and also entered into a Securities Purchase Agreement with QIDI Asia Medical Limited to issue and sell 1,341,682 shares of common stock at $0.6708 per share for $900,000. ($0.9M proceeds)

71M 0
Jan 29, 2021

S-1/A filing: This S-1/A filing, dated 2021-01-29, relates to an offering of 19,677,292 units, pre-funded units, and related Series G Warrants for shares of common stock, as well as updates on recent company developments including ATM offering and other general corporate matters.

71M 0
Jan 19, 2021

S-1 filing: The company is offering shares of its common stock and pre-funded warrants to purchase common stock.

62M 0
Nov 09, 2020

10-Q filing | 3.9M shares outstanding

3.9M 24M
Nov 03, 2020

8-K filing: InspireMD, Inc. appointed Andrea Tommasoli as Senior Vice President of Global Sales and Marketing and granted him 271,534 shares of restricted stock and options to purchase 90,511 shares of common stock as inducement awards.

3.9M 24M
Oct 19, 2020

8-K filing: InspireMD, Inc. consummated a private placement issuing 222,223 shares of common stock to Dr. Gary S. Roubin at a purchase price of US$0.45 per share for an aggregate purchase price of US$100,000. ($0.1M proceeds)

3.9M 24M
Oct 06, 2020

8-K filing: InspireMD, Inc. appointed Patrick Jamnik as Vice President of Business Development and Strategic Initiatives and granted him 162,920 shares of restricted stock and options to purchase 54,307 shares of the Company's common stock as inducement awards.

3.9M 24M
Aug 05, 2020

10-Q filing | 3.9M shares outstanding

3.9M 24M
Jul 29, 2020

8-K filing: InspireMD, Inc. entered into a settlement agreement with H.C. Wainwright & Co., LLC, reducing the exercise price of warrants to purchase 274,029 shares of the Company's common stock to $0.495.

4.3M 23M
Jun 08, 2020

8-K filing: InspireMD, Inc. completed a public offering of units and pre-funded units, along with the underwriter's option exercise, resulting in gross proceeds of approximately $11.5 million. ($11.5M proceeds)

4.3M 23M
Jun 01, 2020

S-1/A filing: The company is offering units, each consisting of one share of common stock and one Series F Warrant, and pre-funded units, each consisting of one pre-funded warrant and one Series F Warrant. They are also offering shares of common stock issuable upon exercise of the Series F Warrants and pre-funded warrants.

4.3M 23M
May 26, 2020

S-1/A filing: The filing is an S-1/A form for offering 11,111,111 shares of common stock and pre-funded warrants to purchase up to 11,111,111 shares of common stock.

4.3M 22M
May 13, 2020

S-1 filing: The filing relates to the offering of common stock and pre-funded warrants. The pre-funded warrants are offered to purchasers who would otherwise beneficially own more than 4.99% (or 9.99%) of the outstanding common stock after the offering.

4.3M 0
May 11, 2020

10-Q filing | 3.9M shares outstanding

3.9M 0
Mar 10, 2020

10-K filing | 0.8M shares outstanding

770K 0
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