Proficient Auto Logistics, Inc (PAL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 59.24% of current shares
Recent Dilution: 7.0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
28M
Potential Supply
16M
Additional shares possible
Splits
None
Past 2 years

Summary

PAL currently has 27.8M outstanding shares. with significant dilution risk as 16.5M authorized shares could dilute existing holders by 59.2%. The company has minimally diluted shareholders by 7.0% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 27.8M shares outstanding

28M 16M
Nov 14, 2025

10-Q filing | 27.5M shares outstanding

27M 16M
Aug 14, 2025

10-Q filing | 27.3M shares outstanding

27M 16M
May 14, 2025

10-Q filing | 27.1M shares outstanding

27M 16M
Mar 31, 2025

10-K filing | 27.1M shares outstanding

27M 16M
Nov 14, 2024

10-Q filing | 26.5M shares outstanding

26M 16M
Aug 14, 2024

10-Q filing | 26.0M shares outstanding

26M 16M
Jun 20, 2024

10-Q filing | 26.1M shares outstanding

26M 16M
May 06, 2024

S-1/A filing: This S-1/A filing describes an offering of common stock with 14,333,333 shares offered by the company and an option for underwriters to purchase an additional 2,149,999 shares.

2.9M 16M
Apr 29, 2024

S-1/A filing: This S-1/A filing relates to an offering of common stock with 14,333,333 shares offered by the company and an underwriter option to purchase up to 2,149,999 additional shares. The net proceeds are estimated to be approximately $195.2 million, intended for combinations consideration, expenses, and general corporate purposes.

24M 16M
Apr 23, 2024

S-1/A filing: This is an S-1/A filing for a proposed public offering of common stock by Proficient Auto Logistics, Inc. with Stifel, Nicolaus & Company, Incorporated, Raymond James & Associates, Inc. and William Blair & Company, L.L.C. acting as underwriters.

2.9M 0
Apr 11, 2024

S-1 filing: This S-1 filing outlines a proposed IPO involving common stock and an underwriter option for additional shares, with net proceeds intended for company combinations, expenses, and general corporate purposes.

2.9M 0
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