PDS Biotechnology Corp (PDSB) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PDSB currently has 55.5M outstanding shares. with significant dilution risk as 196M authorized shares could dilute existing holders by 353.4%. The company has significantly diluted shareholders by 46.6% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
10-Q filing | 55.5M shares outstanding |
55M | 200M |
| May 01, 2026 |
8-K filing: PDS Biotechnology Corporation entered into a Securities Purchase Agreement with YA II PN, LTD. for a promissory note and a warrant to purchase common stock, with transactions expected to close around June 12, 2026. |
56M | 200M |
| Mar 30, 2026 |
10-K filing | 55.8M shares outstanding |
56M | 200M |
| Nov 13, 2025 |
10-Q filing | 46.9M shares outstanding |
47M | 200M |
| Nov 12, 2025 |
8-K filing: PDS Biotechnology Corporation entered into a securities purchase agreement for the sale and issuance of shares of common stock, pre-funded warrants, and common warrants, with an expected closing on November 12, 2025. ($5.28M proceeds) |
46M | 200M |
| Aug 29, 2025 |
S-3 filing: PDS Biotechnology Corporation is filing an S-3 form to register the offering and selling, from time to time, in one or more offerings, shares of common stock, shares of preferred stock, debt securities, warrants or units that include any of these securities, or rights to purchase shares of common stock, shares of preferred stock, debt securities or units, with an aggregate initial offering price of up to $200,000,000. |
46M | 200M |
| Aug 13, 2025 |
10-Q filing | 45.9M shares outstanding |
46M | 40M |
| May 27, 2025 |
S-3 filing: This prospectus relates to the resale, from time to time, of up to 9,818,340 shares of our common stock by the selling stockholders identified in this prospectus. |
46M | 40M |
| May 14, 2025 |
10-Q filing | 45.7M shares outstanding |
46M | 30M |
| May 02, 2025 |
8-K filing: PDS Biotechnology Corporation entered into a Securities Purchase Agreement to sell Senior Secured Convertible Debentures and warrants for a total purchase price of $20,000,000 and the transactions were consummated on April 30, 2025. |
45M | 30M |
| Mar 27, 2025 |
10-K filing | 45.4M shares outstanding |
45M | 30M |
| Feb 28, 2025 |
8-K filing: PDS Biotechnology Corporation entered into a securities purchase agreement for the sale and issuance of common stock, pre-funded warrants, and common warrants, resulting in expected gross proceeds of approximately $11 million, intended for research and development expenses, and general corporate purposes. |
37M | 30M |
| Nov 14, 2024 |
10-Q filing | 36.8M shares outstanding |
37M | 30M |
| Aug 13, 2024 |
10-Q filing | 36.7M shares outstanding |
37M | 30M |
| May 15, 2024 |
10-Q filing | 34.8M shares outstanding |
35M | 30M |
| Mar 28, 2024 |
10-K filing | 36.7M shares outstanding |
37M | 30M |
| Nov 14, 2023 |
10-Q filing | 30.9M shares outstanding |
31M | 30M |
| Aug 14, 2023 |
10-Q filing | 30.8M shares outstanding |
31M | 30M |
| May 15, 2023 |
10-Q filing | 30.4M shares outstanding |
30M | 30M |
| Mar 28, 2023 |
10-K filing | 28.6M shares outstanding |
29M | 30M |
| Jan 03, 2023 |
8-K filing: PDS Biotechnology Corporation entered into a License Agreement with Merck KGaA, Darmstadt, Germany, and issued 378,787 shares of its common stock to Merck KGaA in a private placement for $5.0 million. ($5.0M proceeds) |
28M | 30M |
| Nov 14, 2022 |
10-Q filing | 28.5M shares outstanding |
28M | 30M |
| Aug 24, 2022 |
8-K filing: PDS Biotechnology Corporation entered into a Venture Loan and Security Agreement and issued warrants to Horizon Technology Finance Corporation and Powerscourt Investments XXV, LP to purchase an aggregate of 381,625 shares of common stock at an exercise price of $3.6685 per share, and also entered into an At Market Issuance Sales Agreement with B. Riley Securities, Inc. and BTIG, LLC to offer and sell shares of its common stock having an aggregate offering price of up to $50.0 million. |
28M | 30M |
| Aug 24, 2022 |
S-3 filing: PDS Biotechnology Corporation may offer and sell shares of common stock, shares of preferred stock, debt securities, warrants or units that include any of these securities, or rights to purchase shares of common stock, shares of preferred stock, debt securities or units, with an aggregate initial offering price of up to $150,000,000. |
28M | 30M |
| Aug 08, 2022 |
10-Q filing | 28.5M shares outstanding |
28M | 0 |
| May 11, 2022 |
10-Q filing | 26.2M shares outstanding |
26M | 0 |
| Mar 31, 2022 |
10-K filing | 28.4M shares outstanding |
28M | 0 |
| Nov 10, 2021 |
10-Q filing | 28.4M shares outstanding |
28M | 0 |
| Aug 12, 2021 |
10-Q filing | 28.4M shares outstanding |
28M | 0 |
| May 13, 2021 |
10-Q filing | 22.3M shares outstanding |
22M | 0 |
| Mar 18, 2021 |
10-K filing | 22.3M shares outstanding |
22M | 0 |
| Nov 13, 2020 |
10-Q filing | 5.3M shares outstanding |
5.3M | 0 |
| Aug 13, 2020 |
8-K filing: PDS Biotechnology Corporation completed an offering of 6,900,000 shares of common stock at $2.75 per share, resulting in gross proceeds of approximately $19.0 million. ($19.0M proceeds) |
15M | 0 |
| Aug 13, 2020 |
10-Q filing | 5.2M shares outstanding |
5.2M | 0 |
| Jul 22, 2020 |
S-3 filing: PDS Biotechnology Corporation is filing an S-3 to offer and sell shares of common stock, preferred stock, debt securities, warrants, units, or rights to purchase these securities, with an aggregate initial offering price of up to $100,000,000. |
15M | 0 |
| May 13, 2020 |
10-Q filing | 15.4M shares outstanding |
15M | 0 |
| Mar 27, 2020 |
10-K filing | 15.3M shares outstanding |
15M | 0 |
| Feb 14, 2020 |
8-K filing: PDS Biotechnology Corporation completed an offering of 9,230,770 shares of common stock at $1.30 per share, with certain members of management and NetScientific plc purchasing shares in the offering, resulting in approximately $11 million in net proceeds. ($11.0M proceeds) |
N/A | 0 |
| Jan 31, 2020 |
S-1/A filing: PDS Biotechnology Corporation files an S-1/A registration statement for the sale of up to $13,800,000 of common stock. |
N/A | 0 |
| Jan 17, 2020 |
S-1/A filing: This is an S-1/A filing for a common stock offering underwritten by A.G.P./Alliance Global Partners, including firm securities and an over-allotment option. |
N/A | 0 |