Propanc Biopharma, Inc. (PPCB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: November 10, 2025

Risk Assessment Details

Potential Dilution: 235.02% of current shares
Recent Dilution: 75453.33% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
12M
Potential Supply
27M
Additional shares possible
Splits
None
Past 2 years

Summary

PPCB currently has 11.6M outstanding shares. with significant dilution risk as 27.3M authorized shares could dilute existing holders by 235.0%. The company has significantly diluted shareholders by 75453.33% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 10, 2025

8-K filing: Propanc Biopharma, Inc. closed a private placement transaction with Hexstone Capital LLC, issuing 100 shares of Series C Preferred Stock and a warrant to purchase up to 9,900 additional shares of Series C Preferred Stock for $1,000,099. ($2.0M proceeds)

12M 27M
Oct 14, 2025

8-K filing: Propanc Biopharma., Inc. entered into a Securities Purchase Agreement with Hexstone Capital LLC for a private placement of Series C Preferred Stock, convertible into common stock, with the Company issuing 100 shares of Series C Preferred Stock and a warrant to purchase up to an additional 9,900 shares of Series C Preferred Stock upon closing.

12M 27M
Aug 19, 2025

8-K filing: Propanc Biopharma., Inc. completed a public offering of 1,000,000 shares of common stock at $4.00 per share, with D. Boral Capital, LLC as the underwriter, and issued warrants to the representative to purchase 30,000 shares at $4.00 per share. ($4.0M proceeds)

12M 27M
Jul 28, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,000,000 shares of common stock at an assumed public offering price of $5.00 per share.

12M 27M
Jul 22, 2025

8-K filing: Propanc Biopharma, Inc. issued a Promissory Note to an accredited investor for a purchase price of $75,000, with the intention to use the net proceeds for general working capital purposes. ($0.08M proceeds)

12M 27M
May 30, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,000,000 shares of common stock at an assumed public offering price of $5.00 per share.

12M 27M
May 15, 2025

10-Q filing | 11.6M shares outstanding

12M 27M
Apr 25, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,000,000 shares of common stock at an estimated public offering price of $4.00-6.00 per share.

12M 27M
Apr 08, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,000,000 units, each consisting of one share of common stock and one warrant to purchase one share of Common Stock at an estimated public offering price at $4.00-6.00 per Unit.

12M 27M
Apr 02, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,000,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock, at an estimated public offering price of $4.00-6.00 per Unit.

12M 27M
Mar 31, 2025

S-1/A filing: Propanc Biopharma, Inc. is offering 1,500,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock.

12M 28M
Feb 14, 2025

10-Q filing | 0.0M shares outstanding

15K 28M
Nov 14, 2024

10-Q filing | 789.9M shares outstanding

790M 28M
Oct 30, 2024

S-1 filing: Propanc Biopharma, Inc. is offering 1,500,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock.

690M 28M
Sep 30, 2024

10-K filing | 688.0M shares outstanding

690M 26M
May 15, 2024

10-Q filing | 168.0M shares outstanding

170M 26M
Feb 20, 2024

10-Q filing | 52.1M shares outstanding

52M 26M
Nov 14, 2023

10-Q filing | 22.3M shares outstanding

22M 26M
Oct 10, 2023

S-1/A filing: This S-1/A filing relates to the offer and resale of up to 26,250,000 shares of common stock by a selling stockholder, with the company potentially receiving up to $5 million in gross proceeds for product development, working capital, and general corporate purposes.

16M 26M
Oct 06, 2023

S-1/A filing: This S-1/A filing relates to the offer and resale of up to 26,250,000 shares of common stock by Dutchess Capital Growth Fund L.P. pursuant to a common stock purchase agreement, with the company potentially receiving up to $5 million in gross proceeds.

16M 230M
Sep 28, 2023

10-K filing | 14.8M shares outstanding

15M 26M
Aug 11, 2023

S-1 filing: This S-1 filing relates to the offer and resale of up to 26,250,000 shares of common stock by Dutchess Capital Growth Fund L.P. pursuant to a common stock purchase agreement. The company may receive up to $5 million in aggregate gross proceeds.

9.8M 26M
Jul 12, 2023

8-K filing: Propanc Biopharma, Inc. entered into a securities purchase agreement with an investor for a $65,000 convertible promissory note and a loan agreement with an institutional investor for AU$230,000, issuing a warrant exercisable for 15,000,000 common shares at $0.01 per share.

3.3B 40K
May 15, 2023

8-K filing: Propanc Biopharma, Inc. entered into a stock purchase agreement with an institutional investor for up to $5,000,000 of common stock, issued a 10% unsecured convertible promissory note with an aggregate face value of $125,000, and issued an aggregate of 75,000,000 shares of common stock to the investor. ($0.15M proceeds)

1.8M 40K
May 15, 2023

10-Q filing | 3288.4M shares outstanding

3.3B 40K
May 01, 2023
Stock Split

8-K filing: Stock split 1-for-1000 | Outstanding: 1,763,908,545 → 1,763,908

1.8M 40K
Mar 24, 2023

POS AM filing: The Selling Stockholder may offer Common Stock from time to time at prevailing market prices, fixed prices, negotiated prices, or varying prices.

1.8B 40M
Feb 10, 2023

10-Q filing | 1763.9M shares outstanding

1.8B 40M
Nov 14, 2022

10-Q filing | 889.7M shares outstanding

890M 40M
Sep 28, 2022

10-K filing | 677.2M shares outstanding

680M 40M
May 16, 2022

10-Q filing | 122.2M shares outstanding

120M 40M
Feb 14, 2022

10-Q filing | 61.4M shares outstanding

61M 40M
Feb 03, 2022

S-1 filing: This S-1 filing outlines a proposed equity line offering with Dutchess Capital Growth Fund LP, potentially offering up to $5,000,000 worth of common stock over a 36-month period, but the amount registered in this statement is for an offering of approximately $728,640 based on the lowest market price of the common stock.

50M 40M
Nov 12, 2021

10-Q filing | 49.9M shares outstanding

50M 280K
Sep 28, 2021

10-K filing | 41.1M shares outstanding

41M 280K
Aug 18, 2021

8-K filing: Propanc Biopharma issued 5,928,000 shares of common stock to James Nathanielsz and 3,420,000 shares of common stock to Dr. Julian Kenyon in exchange for cancellation of debt and accrued salary. ($0.28M proceeds)

6M 280K
May 14, 2021

10-Q filing | 6.0M shares outstanding

6M 280K
Feb 12, 2021

10-Q filing | 3.6M shares outstanding

3.6M 280K
Nov 19, 2020
Stock Split

8-K filing: Stock split 1-for-1,000 | Outstanding: 691,170,618 → 688,671

690K 280K
Nov 16, 2020

10-Q filing | 691.2M shares outstanding

690M 280M
Nov 03, 2020

S-1/A filing: The Selling Stockholder may offer common stock at a fixed price of $0.00181 until the shares are quoted on the OTCQB or OTCQX marketplaces, or listed on a national securities exchange.

690M 280M
Oct 01, 2020

10-K filing | 688.7M shares outstanding

690M 280M
Aug 13, 2020

S-1/A filing: This prospectus relates to the offering and resale by the Selling Stockholder identified herein of up to 150,000,000 shares of Common Stock of Propanc Biopharma, Inc.

47M 280M
Jul 17, 2020

S-1/A filing: This prospectus relates to the offering and resale by the Selling Stockholder identified herein of up to 150,000,000 shares of Common Stock of Propanc Biopharma, Inc.

47M 280M
Jun 26, 2020

S-1/A filing: This prospectus relates to the offering and resale by the Selling Stockholder of up to 150,000,000 shares of Common Stock of Propanc Biopharma, Inc., including shares underlying units and warrants.

47M 290M
May 15, 2020

10-Q filing | 47.1M shares outstanding

47M 280M
May 13, 2020

S-1 filing: This prospectus relates to the offering and resale by the Selling Stockholder identified herein of up to 150,000,000 shares of Common Stock of Propanc Biopharma, Inc.

5.2M 280M
Apr 03, 2020

8-K filing: Propanc Biopharma, Inc. sold 7,500,000 units to an investor for $450,000, each unit consisting of 1.5 shares of common stock (or pre-funded warrants) and 1.5 warrants, and also issued 63,750,000 Series B warrants and 63,750,000 Series C warrants. ($0.45M proceeds)

5.2M 0
Feb 14, 2020

10-Q filing | 5.2M shares outstanding

5.2M 0
Jan 24, 2020

S-1/A filing: The filing is an S-1/A form for a common stock offering, with a proposed offering price of $0.18 per share, estimated for registration fee purposes based on the OTCQB closing bid price on December 3, 2019. The Selling Security Holder may sell shares at the current market price.

N/A 0
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