ProCap Acquisition Corp (PCAP) - Dilution Analysis

Visualizing historical and potential share dilution over time

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Dilution Analysis

High Risk

Significant dilution risk

Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 80.0% of current shares

Recent Dilution: 342.26% (2 years)

Historical Dilution Factor: significant recent dilution

Outstanding Shares

25M

Potential Supply

20M

Additional shares possible

Splits

None

Past 2 years

Summary

PCAP currently has 25M outstanding shares. with significant dilution risk as 20M authorized shares could dilute existing holders by 80.0%. The company has significantly diluted shareholders by 342.26% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding	Supply
May 07, 2026	10-Q filing \| 25.0M shares outstanding	25M	20M
Nov 10, 2025	10-Q filing \| 25.0M shares outstanding	25M	20M
Aug 11, 2025	10-Q filing \| 25.4M shares outstanding	25M	20M
Jul 03, 2025	10-Q filing \| 25.4M shares outstanding	25M	20M
May 13, 2025	S-1/A filing: This is an S-1/A filing for an initial public offering of units by ProCap Acquisition Corp, a blank check company, with each unit consisting of one Class A ordinary share and one-third of one redeemable warrant.	5.8M	20M
Apr 30, 2025	S-1 filing: ProCap Acquisition Corp is offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant, in an initial public offering.	25M	20M

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