NextCure, Inc. (NXTC) - 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: 43.07% of current shares
Recent Dilution: 121.95% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
3.6M
Potential Supply
1.6M
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

NXTC currently has 3.61M outstanding shares. with moderate dilution risk from 1.55M authorized shares representing 43.1% potential dilution. The company has significantly diluted shareholders by 121.95% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 3.6M shares outstanding

3.6M 1.6M
Nov 26, 2025

S-3 filing: This S-3 filing relates to the resale of up to 2,523,477 shares of common stock by selling stockholders of NEXTCURE, INC.

5.2M 0
Nov 17, 2025

8-K filing: NextCure, Inc. closed a private placement offering on November 14, 2025, issuing shares of common stock and pre-funded warrants, raising approximately $21.5 million in gross proceeds. ($21.5M proceeds)

2.7M 0
Nov 05, 2025

10-Q filing | 2.7M shares outstanding

2.7M 0
Aug 07, 2025

10-Q filing | 2.4M shares outstanding

2.4M 260K
Jul 18, 2025

S-3 filing: Resale of up to 338,636 shares of common stock by the selling stockholder.

2.7M 0
Jul 14, 2025
Stock Split

8-K filing: Stock split 1-for-12 | Outstanding: 28,006,684 → 2,333,890

2.3M 0
Jun 16, 2025

8-K filing: NextCure, Inc. will issue and sell 4,063,633 shares of common stock to Simcere Zaiming, Inc. at a price of $0.492 per share for an aggregate purchase price of $2.0 million in a private placement. ($2.0M proceeds)

28M 0
May 01, 2025

10-Q filing | 28.0M shares outstanding

28M 0
Mar 06, 2025

10-K filing | 28.0M shares outstanding

28M 0
Nov 07, 2024

10-Q filing | 28.0M shares outstanding

28M 0
Aug 01, 2024

10-Q filing | 28.0M shares outstanding

28M 0
May 02, 2024

10-Q filing | 27.9M shares outstanding

28M 0
Mar 21, 2024

10-K filing | 27.8M shares outstanding

28M 0
Nov 02, 2023

10-Q filing | 27.8M shares outstanding

28M 0
Aug 04, 2023

S-3 filing: NextCure, Inc. files an S-3 registration statement for the potential offering of common stock, preferred stock, debt securities, warrants, and units, with a total proposed amount of $180,000,000. They also plan an at the market common stock offering through Leerink Partners for up to $16,762,573.

28M 0
Aug 03, 2023

10-Q filing | 27.8M shares outstanding

28M 0
May 04, 2023

10-Q filing | 27.8M shares outstanding

28M 0
Mar 02, 2023

10-K filing | 27.7M shares outstanding

28M 0
Nov 03, 2022

10-Q filing | 27.7M shares outstanding

28M 0
Aug 04, 2022

10-Q filing | 27.7M shares outstanding

28M 0
May 05, 2022

10-Q filing | 27.7M shares outstanding

28M 0
Mar 03, 2022

10-K filing | 27.6M shares outstanding

28M 0
Nov 04, 2021

10-Q filing | 27.6M shares outstanding

28M 0
Aug 05, 2021

10-Q filing | 27.6M shares outstanding

28M 31K
May 06, 2021

10-Q filing | 27.5M shares outstanding

28M 93K
Mar 05, 2021

POS AM filing: NextCure, Inc. is filing a POS AM to offer and sell up to an aggregate of $180,000,000 of Common Stock, Preferred Stock, Debt Securities, Warrants, and/or Units from time to time in one or more offerings.

28M 0
Mar 04, 2021

10-K filing | 27.6M shares outstanding

28M 0
Nov 05, 2020

10-Q filing | 27.6M shares outstanding

28M 0
Aug 06, 2020

10-Q filing | 27.6M shares outstanding

28M 0
May 07, 2020

10-Q filing | 27.5M shares outstanding

28M 0
Mar 12, 2020

10-K filing | 27.5M shares outstanding

28M 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