PROSPECT CAPITAL CORP (PSEC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
PSEC currently has 461M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 230.92% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 06, 2025 |
10-Q filing | 461.4M shares outstanding |
460M | 0 |
| Aug 26, 2025 |
10-K filing | 440.3M shares outstanding |
440M | 0 |
| May 08, 2025 |
10-Q filing | 443.4M shares outstanding |
440M | 0 |
| Feb 10, 2025 |
10-Q filing | 436.7M shares outstanding |
440M | 0 |
| Nov 08, 2024 |
10-Q filing | 428.9M shares outstanding |
430M | 0 |
| Oct 17, 2024 |
8-K filing: Prospect Capital Corporation amended its Dealer Manager Agreement to increase the offering size of preferred stock from $2,000,000,000 to $2,250,000,000 in aggregate liquidation preference, and reclassified 20,000,000 shares of common stock to preferred stock, decreasing the number of common stock shares from 1,352,100,000 to 1,332,100,000. |
1.3B | 0 |
| Aug 28, 2024 |
10-K filing | 412.7M shares outstanding |
410M | 0 |
| May 08, 2024 |
10-Q filing | 414.5M shares outstanding |
410M | 0 |
| Feb 08, 2024 |
10-Q filing | 410.9M shares outstanding |
410M | 0 |
| Oct 30, 2023 |
8-K filing: Prospect Capital Corporation commenced a tender offer to purchase for cash any and all of the 5,882,351 outstanding shares of 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock at $15.877396 per share, plus accrued dividends. |
400M | 0 |
| Sep 08, 2023 |
10-K filing | 398.5M shares outstanding |
400M | 0 |
| May 09, 2023 |
10-Q filing | 399.7M shares outstanding |
400M | 0 |
| Feb 13, 2023 |
8-K filing: Prospect Capital Corporation filed a prospectus supplement on February 10, 2023, to continue the offering of up to 10,000,000 shares of its 5.50% Series AA1 Preferred Stock, 5.50% Series MM1 Preferred Stock, 6.50% Series AA2 Preferred Stock and 6.50% Series MM2 Preferred Stock. |
400M | 0 |
| Feb 08, 2023 |
10-Q filing | 397.7M shares outstanding |
400M | 0 |
| Nov 09, 2022 |
10-Q filing | 394.3M shares outstanding |
390M | 0 |
| Oct 12, 2022 |
8-K filing: Prospect Capital Corporation entered into an amendment to the Amended and Restated Dealer Manager Agreement with Preferred Capital Securities, LLC for the offering of up to 60,000,000 shares of preferred stock, and reclassified 120,000,000 shares of common stock into preferred stock, decreasing the number of common stock shares from 1,772,100,000 to 1,652,100,000. |
1.7B | 0 |
| Oct 12, 2022 |
8-K filing: Prospect Capital Corporation entered into an amendment to the Amended and Restated Dealer Manager Agreement with InspereX LLC for the offering of up to 10,000,000 shares of preferred stock. |
1.6B | 0 |