Praxis Precision Medicines, Inc. (PRAX) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PRAX currently has 28.9M outstanding shares. with limited dilution risk as only 3.97M additional shares (13.8%) are authorized for issuance. The company has significantly diluted shareholders by 45.78% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 28.9M shares outstanding |
29M | 4M |
| Jan 07, 2026 |
8-K filing: Praxis Precision Medicines, Inc. completed an underwritten offering of 2,212,000 shares of common stock at $260.00 per share, and the underwriters exercised their option to purchase an additional 331,800 shares, resulting in net proceeds of approximately $621.2 million. ($621.2M proceeds) |
25M | 4M |
| Nov 05, 2025 |
10-Q filing | 25.0M shares outstanding |
25M | 4M |
| Sep 05, 2025 |
8-K filing: Praxis Precision Medicines, Inc. terminated its 2024 sales agreement with Jefferies LLC and entered into a new sales agreement with TD Securities (USA) LLC. ($86.2M proceeds) |
21M | 4M |
| May 02, 2025 |
10-Q filing | 21.1M shares outstanding |
21M | 4M |
| Feb 28, 2025 |
10-K filing | 20.2M shares outstanding |
20M | 4M |
| Nov 06, 2024 |
10-Q filing | 18.9M shares outstanding |
19M | 4M |
| Aug 13, 2024 |
10-Q filing | 18.8M shares outstanding |
19M | 4M |
| May 13, 2024 |
10-Q filing | 17.1M shares outstanding |
17M | 4M |
| Mar 29, 2024 |
8-K filing: Praxis Precision Medicines, Inc. announced an underwritten offering of 3,318,585 shares of common stock and pre-funded warrants to purchase up to 221,238 shares, with underwriters exercising an option to purchase an additional 530,973 shares, resulting in expected net proceeds of approximately $215.6 million. |
13M | 4M |
| Mar 05, 2024 |
S-3 filing: Praxis Precision Medicines, Inc. is offering common stock, preferred stock, debt securities, warrants, and units up to an aggregate amount of $750,000,000 from time to time, including an "at the market offering" of common stock with an aggregate offering price of up to $150,000,000 through Jefferies as sales agent. |
13M | 4M |
| Mar 05, 2024 |
10-K filing | 13.2M shares outstanding |
13M | 4M |
| Jan 12, 2024 |
8-K filing: Praxis Precision Medicines, Inc. announced an underwritten offering of 3,168,275 shares of common stock and pre-funded warrants to purchase up to 1,056,725 shares, with the underwriters exercising their option to purchase an additional 633,750 shares, resulting in expected net proceeds of approximately $161.7 million. |
9M | 770K |
| Jan 10, 2024 |
8-K filing: Praxis Precision Medicines Inc. issued and sold 443,253 shares of common stock to BCPE Tenet Holdings Cayman, Ltd. at a price of $22.5605 per share for an aggregate purchase price of $10,000,009.31 as part of a Stock Purchase Agreement related to a collaboration and license agreement with Tenacia Biotechnology. ($10.0M proceeds) |
9M | 770K |
| Nov 28, 2023 |
Stock Split
8-K filing: Stock split 1-for-15 | Outstanding: 135,591,429 → 9,039,428 |
9M | 770K |
| Nov 07, 2023 |
10-Q filing | 135.6M shares outstanding |
140M | 12M |
| Aug 09, 2023 |
10-Q filing | 128.5M shares outstanding |
130M | 12M |
| Jun 20, 2023 |
8-K filing: Praxis Precision Medicines, Inc. announced an underwritten offering of 55,150,000 shares of common stock and pre-funded warrants to purchase 7,050,000 shares, with the underwriters exercising their option to purchase an additional 9,299,690 shares, resulting in expected net proceeds of approximately $63.3 million. ($63.3M proceeds) |
62M | 12M |
| May 11, 2023 |
10-Q filing | 62.1M shares outstanding |
62M | 12M |
| Feb 07, 2023 |
10-K filing | 52.4M shares outstanding |
52M | 12M |
| Feb 07, 2023 |
POS AM filing: Praxis Precision Medicines, Inc. files a POS AM for a mixed shelf offering of up to $300,000,000, including common stock, preferred stock, and debt securities. They are also offering common stock through an at-the-market offering. |
49M | 12M |
| Nov 09, 2022 |
10-Q filing | 45.8M shares outstanding |
46M | 12M |
| Aug 08, 2022 |
10-Q filing | 45.5M shares outstanding |
46M | 12M |
| May 09, 2022 |
10-Q filing | 45.5M shares outstanding |
45M | 12M |
| Feb 28, 2022 |
10-K filing | 42.5M shares outstanding |
42M | 12M |
| Nov 03, 2021 |
10-Q filing | 44.7M shares outstanding |
45M | 12M |
| Aug 16, 2021 |
10-Q filing | 41.6M shares outstanding |
42M | 12M |
| May 17, 2021 |
POS AM filing: Praxis Precision Medicines, Inc. is offering up to 5,750,000 shares of its Common Stock. |
39M | 12M |
| May 11, 2021 |
S-1 filing: Praxis Precision Medicines, Inc. is offering 4,000,000 shares of its common stock. |
43M | 16M |
| May 11, 2021 |
10-Q filing | 38.7M shares outstanding |
39M | 16M |
| Mar 17, 2021 |
10-K filing | 38.6M shares outstanding |
39M | 12M |
| Nov 23, 2020 |
10-Q filing | 1.7M shares outstanding |
1.7M | 12M |
| Oct 15, 2020 |
S-1/A filing: This S-1/A filing relates to an offering of common stock, with the underwriters having an option to purchase additional shares. |
27M | 12M |
| Oct 09, 2020 |
S-1/A filing: This S-1/A filing describes an offering of common stock, including an underwriter option to purchase additional shares, with the proceeds intended to create a public market, increase visibility, and fund clinical trials and other corporate purposes. |
27M | 8.5M |
| Sep 25, 2020 |
S-1 filing: This is an S-1 filing for an initial public offering of common stock. |
57M | 0 |