Pangaea Logistics Solutions Ltd. (PANL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PANL currently has 64.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 44.27% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
10-Q filing | 64.8M shares outstanding |
65M | 0 |
| Mar 16, 2026 |
10-K filing | 64.7M shares outstanding |
65M | 0 |
| Nov 10, 2025 |
10-Q filing | 64.8M shares outstanding |
65M | 0 |
| Aug 08, 2025 |
10-Q filing | 64.0M shares outstanding |
64M | 0 |
| May 12, 2025 |
10-Q filing | 63.9M shares outstanding |
64M | 0 |
| Mar 18, 2025 |
10-K filing | 65.6M shares outstanding |
66M | 0 |
| Jan 22, 2025 |
S-3/A filing: This is an S-3/A filing for Pangaea Logistics Solutions Ltd., filed on January 22, 2025, to register additional securities for an offering pursuant to Rule 415, and includes updates to the delaying amendment language and the filing fee table. |
46M | 16M |
| Jan 16, 2025 |
S-3 filing: Pangaea Logistics Solutions Ltd. is offering 18,359,342 common shares by the selling shareholder from time to time directly or through underwriters, broker-dealers or agents. |
46M | 16M |
| Nov 12, 2024 |
10-Q filing | 46.0M shares outstanding |
46M | 0 |
| Aug 08, 2024 |
10-Q filing | 46.0M shares outstanding |
46M | 0 |
| May 09, 2024 |
10-Q filing | 45.9M shares outstanding |
46M | 0 |
| Mar 21, 2024 |
S-3/A filing: This is an S-3/A amendment filing for Pangaea Logistics Solutions Ltd. It includes an updated exhibit related to the At Market Issuance Sales Agreement. |
45M | 0 |
| Mar 14, 2024 |
10-K filing | 45.5M shares outstanding |
45M | 0 |
| Mar 14, 2024 |
S-3 filing: The filing is an S-3 form for a potential at-the-market offering of common stock, with the intention to use the proceeds for capital expenditures, working capital, vessel, other asset or share acquisitions or for other general corporate purposes. |
45M | 0 |
| Nov 08, 2023 |
10-Q filing | 45.1M shares outstanding |
45M | 0 |
| Aug 09, 2023 |
10-Q filing | 45.1M shares outstanding |
45M | 0 |
| May 10, 2023 |
10-Q filing | 45.1M shares outstanding |
45M | 0 |
| Mar 15, 2023 |
10-K filing | 45.1M shares outstanding |
45M | 0 |
| Nov 09, 2022 |
10-Q filing | 44.6M shares outstanding |
45M | 0 |
| Aug 09, 2022 |
10-Q filing | 45.1M shares outstanding |
45M | 0 |
| May 10, 2022 |
10-Q filing | 45.2M shares outstanding |
45M | 0 |
| Mar 16, 2022 |
10-K filing | 44.8M shares outstanding |
45M | 0 |
| Nov 09, 2021 |
10-Q filing | 44.9M shares outstanding |
45M | 0 |
| Aug 10, 2021 |
10-Q filing | 44.7M shares outstanding |
45M | 0 |
| May 11, 2021 |
10-Q filing | 44.5M shares outstanding |
45M | 0 |
| Mar 15, 2021 |
10-K filing | 43.8M shares outstanding |
44M | 0 |
| Jan 11, 2021 |
S-3 filing: This S-3 filing registers an indeterminate amount of common shares, preferred shares, debt securities, warrants, purchase contracts, rights, and units, with a maximum aggregate offering price of $100,000,000. |
45M | 0 |
| Nov 12, 2020 |
10-Q filing | 43.5M shares outstanding |
44M | 0 |
| Aug 12, 2020 |
10-Q filing | 43.4M shares outstanding |
43M | 0 |
| May 13, 2020 |
10-Q filing | 43.1M shares outstanding |
43M | 0 |
| Mar 23, 2020 |
10-K filing | 42.7M shares outstanding |
43M | 0 |