OPAL Fuels Inc. (OPAL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
OPAL currently has 29.6M outstanding shares. with significant dilution risk as 45.8M authorized shares could dilute existing holders by 154.9%. The company has minimally diluted shareholders by 7.03% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 09, 2026 |
8-K filing: OPAL Fuels issued a warrant to an investor for the purchase of up to 3,000,000 shares of Class A Common Stock, with 2,160,000 shares issued at the initial closing and the remainder issuable upon further purchases of units. |
30M | 46M |
| Nov 07, 2025 |
10-Q filing | 29.6M shares outstanding |
30M | 46M |
| Aug 07, 2025 |
10-Q filing | 29.2M shares outstanding |
29M | 46M |
| May 13, 2025 |
10-Q filing | 27.7M shares outstanding |
28M | 46M |
| Apr 23, 2025 |
8-K filing: Fortistar LLC exchanged 50 million shares of Class D common stock for an equal number of newly issued Class B common stock of OPAL Fuels Inc. |
28M | 46M |
| Mar 17, 2025 |
10-K filing | 27.7M shares outstanding |
28M | 46M |
| Nov 12, 2024 |
10-Q filing | 27.7M shares outstanding |
28M | 46M |
| Aug 09, 2024 |
10-Q filing | 27.7M shares outstanding |
28M | 46M |
| May 10, 2024 |
10-Q filing | 27.4M shares outstanding |
27M | 46M |
| Mar 15, 2024 |
10-K filing | 27.5M shares outstanding |
27M | 46M |
| Nov 14, 2023 |
10-Q filing | 27.0M shares outstanding |
27M | 46M |
| Aug 14, 2023 |
10-Q filing | 27.2M shares outstanding |
27M | 46M |
| Aug 11, 2023 |
S-3/A filing: The filing is an S-3/A form indicating the company may offer shares of Class A common stock and preferred stock, and warrants to purchase any of such securities. |
28M | 46M |
| Aug 02, 2023 |
POS AM filing: This prospectus relates to the offer and sale from time to time by the selling securityholders named in this prospectus of shares of Class A common stock. |
28M | 46M |
| Aug 01, 2023 |
S-3 filing: Opal Fuels files an S-3 registration statement to offer Class A common stock, preferred stock, debt securities, warrants, or units for an aggregate offering not exceeding $100 million. |
28M | 46M |
| May 15, 2023 |
10-Q filing | 27.4M shares outstanding |
27M | 33M |
| May 04, 2023 |
POS AM filing: This POS AM filing relates to the offering of common stock by selling holders, who may sell their shares from time to time through various methods. |
26M | 33M |
| May 03, 2023 |
POS AM filing: This POS AM filing relates to the offering of common stock by selling holders, who may sell their shares from time to time through various methods described in the prospectus. |
26M | 33M |
| Apr 05, 2023 |
8-K filing: OPAL Fuels Inc. issued 49,633 shares of Class A common stock to certain accredited entities as consideration for their prior agreement to tender all warrants held by the Investors in the Company's voluntary warrant exchange offer. |
26M | 33M |
| Mar 29, 2023 |
10-K filing | 26.1M shares outstanding |
26M | 33M |
| Dec 22, 2022 |
8-K filing: OPAL Fuels Inc. issued 3,310,189 shares of Class A common stock in exchange for warrants tendered in an exchange offer and will exchange each remaining warrant for 0.225 shares of Class A common stock. |
26M | 33M |
| Dec 19, 2022 |
8-K filing: OPAL Fuels Inc. completed an exchange offer for its warrants, receiving tenders for 13,240,756 warrants, and amended the warrant agreement to allow for the exchange of remaining warrants at a ratio of 0.225 shares of Class A common stock per warrant. |
26M | 33M |
| Nov 14, 2022 |
10-Q filing | 25.7M shares outstanding |
26M | 33M |
| Aug 10, 2022 |
10-Q filing | 25.2M shares outstanding |
25M | 33M |
| Aug 04, 2022 |
8-K filing: OPAL Fuels Inc. issued an additional 500,000 shares of Class A common stock to PIPE Investors for $5,000,000, completing the PIPE Investment with a total of 11,080,600 shares issued for $110,806,000. ($5.0M proceeds) |
31M | 33M |
| Jul 18, 2022 |
8-K filing: ArcLight Clean Transition Corp. II entered into a forward share purchase agreement with Meteora Capital Partners, where Meteora may sell up to 2,000,000 shares of Class A common stock to the combined company at $10.02 per share on the six-month anniversary of the business combination, and ArcLight may issue 112,500 shares of Class A common stock of the Combined Company to Meteora. ($20.04M proceeds) |
31M | 33M |
| May 16, 2022 |
10-Q filing | 31.1M shares outstanding |
31M | 33M |
| Mar 09, 2022 |
10-K filing | 31.1M shares outstanding |
31M | 33M |
| Nov 05, 2021 |
10-Q filing | 31.1M shares outstanding |
31M | 33M |
| Aug 05, 2021 |
10-Q filing | 31.1M shares outstanding |
31M | 33M |
| May 21, 2021 |
10-Q filing | 31.1M shares outstanding |
31M | 33M |
| Mar 09, 2021 |
S-1/A filing: ArcLight Clean Transition Corp. II is offering 25,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-fifth of one redeemable warrant, in an initial public offering. |
7.2M | 33M |
| Feb 04, 2021 |
S-1 filing: ArcLight Clean Transition Corp. II is offering 25,000,000 units, each priced at $10.00, consisting of one Class A ordinary share and one-fourth of one redeemable warrant, in an initial public offering. |
7.2M | 30M |