Nuvalent, Inc. (NUVL) - 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: 79.47% of current shares
Recent Dilution: 20.4% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
79M
Potential Supply
63M
Additional shares possible
Splits
None
Past 2 years

Summary

NUVL currently has 78.7M outstanding shares. with significant dilution risk as 62.5M authorized shares could dilute existing holders by 79.5%. The company has diluted shareholders by 20.4% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 78.7M shares outstanding

79M 63M
Oct 30, 2025

10-Q filing | 72.1M shares outstanding

72M 63M
May 08, 2025

10-Q filing | 71.6M shares outstanding

72M 63M
Feb 27, 2025

10-K filing | 66.4M shares outstanding

66M 63M
Nov 12, 2024

10-Q filing | 65.7M shares outstanding

66M 63M
Aug 08, 2024

10-Q filing | 64.6M shares outstanding

65M 63M
May 09, 2024

10-Q filing | 64.2M shares outstanding

64M 63M
Feb 27, 2024

10-K filing | 58.2M shares outstanding

58M 63M
Nov 14, 2023

10-Q filing | 57.1M shares outstanding

57M 63M
Aug 10, 2023

10-Q filing | 51.6M shares outstanding

52M 63M
May 11, 2023

10-Q filing | 51.4M shares outstanding

51M 63M
Mar 16, 2023

10-K filing | 49.7M shares outstanding

50M 63M
Nov 10, 2022

10-Q filing | 48.4M shares outstanding

48M 63M
Aug 10, 2022

10-Q filing | 43.0M shares outstanding

43M 63M
Aug 10, 2022

S-3 filing: Nuvalent Inc. may offer and sell debt securities, Class A common stock, and preferred stock from time to time in one or more offerings up to $400,000,000 in aggregate offering price.

43M 63M
May 12, 2022

10-Q filing | 42.9M shares outstanding

43M 330K
Mar 29, 2022

10-K filing | 42.9M shares outstanding

43M 330K
Nov 10, 2021

10-Q filing | 42.8M shares outstanding

43M 330K
Sep 08, 2021

10-Q filing | 42.8M shares outstanding

43M 330K
Jul 26, 2021

S-1/A filing: This S-1/A filing includes information on executive compensation arrangements, employment agreements, and the effect of the offering on stock ownership percentages, as well as potential dilution from stock options and future stock issuances. It mentions the sale of Series B convertible preferred stock, the conversion of preferred stock into common stock, and a reverse stock split.

37M 330K
Jul 22, 2021

S-1/A filing: This is an S-1/A filing related to a company's initial public offering, detailing executive compensation arrangements, outstanding shares, and potential dilution to investors.

17M 21M
Jul 07, 2021

S-1 filing: This is an S-1 filing related to executive compensation arrangements and includes information about outstanding shares of common stock and stock options.

17M 21M
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