Perfect Moment Ltd. (PMNT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: January 21, 2026

Risk Assessment Details

Potential Dilution: 341.93% of current shares
Recent Dilution: 193.86% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
33M
Potential Supply
110M
Additional shares possible
Splits
None
Past 2 years

Summary

PMNT currently has 32.8M outstanding shares. with significant dilution risk as 112M authorized shares could dilute existing holders by 341.9%. The company has significantly diluted shareholders by 193.86% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jan 21, 2026

8-K filing: Perfect Moment Ltd. completed the issuance and sale of 3,172,858 shares of common stock and a warrant to X3 Higher Moment Fund LLC on August 27, 2025.

33M 110M
Nov 13, 2025

10-Q filing | 32.8M shares outstanding

33M 110M
Sep 11, 2025

S-3 filing: This prospectus relates to the resale by the selling stockholder named herein of up to 6,377,766 shares of common stock of Perfect Moment Ltd.

32M 110M
Aug 14, 2025

10-Q filing | 31.4M shares outstanding

31M 110M
Jul 23, 2025

8-K filing: Perfect Moment Ltd. closed a partial over-allotment option exercise, issuing 313,128 shares of common stock for net proceeds of approximately $87,363, and issued Representative's Warrants to purchase up to 15,656 shares of Common Stock. ($0.09M proceeds)

16M 110M
Jun 30, 2025

10-K filing | 31.1M shares outstanding

31M 110M
Jun 30, 2025

8-K filing: Perfect Moment Ltd. entered into an Underwriting Agreement with ThinkEquity LLC to issue and sell 10,000,000 shares of common stock and representative warrants, and also entered into a Securities Purchase Agreement with Joachim Gottschalk & Associates to convert debt into 1,692,694 shares of common stock. ($0.51M proceeds)

16M 110M
Apr 02, 2025

8-K filing: Perfect Moment Ltd. entered into a securities purchase agreement to sell 1,723,989 shares of Series AA Convertible Preferred Stock at $5.8005 per share, for potential gross proceeds of up to $10.0 million, with an initial closing on March 31, 2025, resulting in net proceeds of approximately $5.89 million after fees and expenses. ($10.0M proceeds)

16M 110M
Mar 06, 2025

S-3 filing: The company files an S-3 to register an indeterminate number of shares of common stock, preferred stock, debt securities, warrants and rights to purchase common stock, preferred stock or debt securities, and units, with an aggregate initial offering price not to exceed $100,000,000.

16M 110M
Feb 14, 2025

10-Q filing | 16.2M shares outstanding

16M 1.5M
Feb 06, 2025

8-K filing: Perfect Moment, Ltd. entered into a consulting agreement with Vittorio Giacomelli and an employment agreement with Chath Weerasinghe for his service as Chief Financial Officer and Chief Operating Officer.

16M 1.5M
Nov 14, 2024

10-Q filing | 15.8M shares outstanding

16M 1.5M
Aug 14, 2024

10-Q filing | 15.7M shares outstanding

16M 1.5M
Jul 01, 2024

10-K filing | 15.7M shares outstanding

16M 1.5M
Mar 25, 2024

10-Q filing | 15.7M shares outstanding

16M 1.5M
Feb 13, 2024

8-K filing: Perfect Moment Ltd. consummated its initial public offering (IPO) on February 12, 2024, issuing 1,334,000 shares of common stock at $6.00 per share, resulting in net proceeds of approximately $6.4 million, and also issued warrants to purchase up to 66,700 shares of Common Stock to the Representative and its designees, at an exercise price of $7.50 per share, along with filing an amended and restated certificate of incorporation and bylaws. ($8.0M proceeds)

14M 1.5M
Jan 26, 2024

S-1/A filing: This is an S-1/A filing for the initial public offering of Perfect Moment Ltd., offering 1,232,000 shares of common stock with an estimated IPO price between $6.00 and $7.00, and includes underwriter warrants and over-allotment options.

14M 1.5M
Jan 22, 2024

S-1/A filing: S-1/A filing indicating an option for underwriters to purchase additional common stock to cover over-allotments, representing 15% of the firm shares sold.

14M 2.6M
Jan 18, 2024

S-1/A filing: Initial public offering of common stock with underwriters having an option to purchase additional shares.

14M 2.6M
Dec 01, 2023

S-1/A filing: This is an S-1/A filing for the initial public offering of Perfect Moment Ltd., offering 2,500,000 shares of common stock with an estimated price between $6.00 and $7.00 per share.

14M 3M
Nov 06, 2023

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock of Perfect Moment Ltd. with an offering of 2,500,000 shares, and an over-allotment option for the underwriters to purchase up to 375,000 additional shares of common stock.

14M 2.6M
Oct 10, 2023

S-1 filing: This is an S-1 filing for an initial public offering of common stock of Perfect Moment Ltd.

N/A 0
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