ProMIS Neurosciences Inc. (PMN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PMN currently has 2.15M outstanding shares. with significant dilution risk as 24.4M authorized shares could dilute existing holders by 1133.7%. The company has significantly diluted shareholders by 477.11% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 25, 2026 |
S-3 filing: PROMIS NEUROSCIENCES INC. is offering common shares, preferred shares, subscription receipts, and debt securities for a total proposed amount of $200,000,000. |
2.2M | 24M |
| Mar 25, 2026 |
10-K filing | 9.0M shares outstanding |
9M | 18M |
| Mar 18, 2026 |
S-3 filing: This is an S-3 filing for the resale of up to 13,830,592 common shares by selling securityholders, including shares, common shares issuable upon exercise of Common Share purchase warrants, and common shares issuable upon exercise of Pre-Funded Warrants. |
2M | 25M |
| Jan 30, 2026 |
8-K filing: ProMIS Neurosciences Inc. entered into a Securities Purchase Agreement to sell 6,815,296 common shares, Common Share purchase warrants to purchase 6,915,296 Common Shares and Pre-Funded Warrants to purchase 100,000 Common Shares to PIPE Investors. |
2M | 3.8M |
| Nov 28, 2025 |
Stock Split
8-K filing: Stock split one-for-twenty-five | Outstanding: 48,833,799 → 1,953,351 |
2M | 3.8M |
| Nov 12, 2025 |
10-Q filing | 48.8M shares outstanding |
49M | 94M |
| Sep 04, 2025 |
S-3 filing: This prospectus relates to the resale of common shares by selling securityholders upon exercise of warrants. |
33M | 110M |
| Aug 13, 2025 |
S-3 filing: Promis Neurosciences Inc. files an S-3 form to offer common shares, preferred shares, subscription receipts, and debt securities for a total amount of $50,000,000. |
33M | 82M |
| Aug 13, 2025 |
10-Q filing | 34.9M shares outstanding |
35M | 51M |
| Jul 22, 2025 |
8-K filing: ProMIS Neurosciences Inc. entered into a securities purchase agreement for a registered direct offering of a pre-funded warrant to purchase 984,736 common shares at $0.8124 per share, and a PIPE offering for a warrant to purchase 12,616,821 common shares at $0.1875 per share. ($3.2M proceeds) |
35M | 51M |
| May 12, 2025 |
10-Q filing | 34.9M shares outstanding |
35M | 51M |
| Mar 31, 2025 |
10-K filing | 32.7M shares outstanding |
33M | 53M |
| Nov 14, 2024 |
10-Q filing | 30.1M shares outstanding |
30M | 56M |
| Aug 29, 2024 |
S-3 filing: Resale of up to 56,514,784 common shares by selling securityholders. |
20M | 66M |
| Aug 08, 2024 |
10-Q filing | 19.8M shares outstanding |
20M | 9.6M |
| Jul 26, 2024 |
8-K filing: ProMIS Neurosciences Inc. entered into a Unit Purchase Agreement to sell Common Share Units and Pre-Funded Units to PIPE Investors, expecting to raise $30.3 million in gross proceeds, and will convert Series 2 Preferred Shares into 1,166,667 common shares upon closing. ($60.6M proceeds) |
20M | 9.8M |
| May 14, 2024 |
10-Q filing | 19.5M shares outstanding |
20M | 9.8M |
| Apr 01, 2024 |
10-K filing | 18.9M shares outstanding |
19M | 10M |
| Nov 14, 2023 |
10-Q filing | 18.5M shares outstanding |
19M | 11M |
| Sep 27, 2023 |
S-3/A filing: This is an S-3/A filing for the resale of common shares, pre-funded warrant shares, warrant shares and placement agent shares by selling shareholders and the placement agent. |
19M | 11M |
| Sep 27, 2023 |
S-3/A filing: ProMIS Neurosciences Inc. is filing a registration statement on Form S-3 for the proposed public offering of up to US$100,000,000 of any combination of common shares, preferred shares, debt securities, warrants, subscription receipts, and units. |
19M | 11M |
| Sep 22, 2023 |
S-3 filing: Promis Neurosciences Inc. files an S-3 form to register an offering of common shares, preferred shares, subscription receipts, and debt securities, with a total proposed amount of $100,000,000. |
8.6M | 21M |
| Sep 22, 2023 |
S-3 filing: This S-3 filing from Promis Neurosciences Inc. relates to the resale of up to 22,128,408 common shares by selling securityholders, including shares, shares underlying pre-funded warrants, common warrants and placement agent warrants. |
8.6M | 21M |
| Sep 22, 2023 |
POS AM filing: This prospectus relates to the issuance by us and the resale by the selling security holders named in this prospectus of up to an aggregate of 1,729,694 of our common shares. |
19M | 11M |
| Aug 22, 2023 |
8-K filing: ProMIS Neurosciences Inc. entered into a Unit Purchase Agreement to sell common share units and pre-funded units to PIPE Investors for approximately $20.4 million in gross proceeds, with the final closing expected on August 23, 2023. ($22.19M proceeds) |
8.6M | 0 |
| Aug 14, 2023 |
10-Q filing | 8.6M shares outstanding |
8.6M | 0 |
| May 15, 2023 |
10-Q filing | 8.6M shares outstanding |
8.6M | 0 |
| Mar 17, 2023 |
POS AM filing: This is a prospectus for the issuance and resale of up to 1,729,694 common shares of ProMIS Neurosciences Inc. |
8.6M | 0 |
| Mar 08, 2023 |
10-K filing | 8.6M shares outstanding |
8.6M | 350K |
| Nov 14, 2022 |
10-Q filing | 7.2M shares outstanding |
7.2M | 1.7M |
| Nov 08, 2022 |
S-1/A filing: This S-1/A filing relates to the issuance and resale of up to 1,729,694 common shares by selling shareholders, including shares issuable under a Unit Purchase Agreement and upon exercise of warrants. |
8.6M | 350K |
| Nov 04, 2022 |
S-1/A filing: This is an extraction of standardized offering data from an S-1/A filing, including private placements of units, common shares issued upon warrant exercises, and stock options granted. |
8.6M | 0 |
| Nov 01, 2022 |
S-1 filing: This S-1 filing relates to the offering of 1,729,694 common shares by selling shareholders of ProMIS Neurosciences Inc. |
8.6M | 350K |
| Oct 17, 2022 |
8-K filing: ProMIS Neurosciences Inc. closed an offering of Units, each consisting of one common share and one-quarter of one warrant, with gross proceeds of approximately $7.47 million. ($7.47M proceeds) |
7.2M | 0 |
| Aug 12, 2022 |
10-Q filing | 7.2M shares outstanding |
7.2M | 0 |