Pheton Holdings Ltd (PTHL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 30, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 94.48% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
9.4M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

PTHL currently has 9.38M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 94.48% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 30, 2026

20-F filing | 9.4M shares outstanding

9.4M 0
Mar 20, 2025

20-F filing | 6.6M shares outstanding

6.6M 0
Jun 18, 2024

POS AM filing: This POS AM filing outlines the offering of 2,500,000 Class A ordinary shares with an estimated IPO price between $4.00 and $5.00 per share. The company intends to use the net proceeds of approximately $7,750,000 for research and development, market expansion, improve internal control and operation system and supplement liquidity.

4.3M 0
May 03, 2024

POS AM filing: Pheton is offering 2,500,000 Class A ordinary shares on a firm commitment basis, with an estimated IPO price between $4.00 and $5.00 per share. The company intends to use the net proceeds of approximately $7,750,000 for research and development, market expansion, improving internal control and operation system, and supplementing liquidity.

4.3M 0
Oct 11, 2023

F-1 filing: This F-1 filing outlines the initial public offering of Class A ordinary shares, detailing the offering size, price range, use of proceeds, and related agreements.

4.3M 2.9M
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