Real Asset Acquisition Corp. (RAAQ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 115.94% of current shares
Recent Dilution: 200.0% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
20M
Additional shares possible
Splits
None
Past 2 years

Summary

RAAQ currently has 17.3M outstanding shares. with significant dilution risk as 20M authorized shares could dilute existing holders by 115.9%. The company has significantly diluted shareholders by 200.0% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 17.3M shares outstanding

17M 20M
Aug 19, 2025

10-Q filing | 17.3M shares outstanding

17M 20M
Jun 12, 2025

10-Q filing | 17.3M shares outstanding

17M 20M
May 06, 2025

8-K filing: Real Asset Acquisition Corp. consummated its initial public offering of 17,250,000 units at $10.00 per unit, generating gross proceeds of $172,500,000, and completed a private sale of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000. ($177.95M proceeds)

5.8M 20M
May 01, 2025

8-K filing: Real Asset Acquisition Corp. consummated its IPO of 17,250,000 units at $10.00 per unit, generating gross proceeds of $172,500,000, and completed the private sale of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000. ($177.95M proceeds)

5.8M 20M
Apr 23, 2025

S-1/A filing: Real Asset Acquisition Corp. is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant for a total proposed amount of $150,000,000.

5.8M 20M
Apr 23, 2025

S-1/A filing: This S-1/A filing relates to a proposed offering. It details expenses related to the offering, indemnification of directors and officers, and recent sales of unregistered securities including founder shares.

5.8M 20M
Apr 14, 2025

S-1/A filing: Real Asset Acquisition Corp. is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

5.8M 28M
Apr 01, 2025

S-1/A filing: This S-1/A filing is for an initial public offering of Real Asset Acquisition Corp. consisting of 15,000,000 units at $10.00 per unit, with each unit containing one Class A ordinary share and one-half of one redeemable warrant.

5.8M 23M
Mar 14, 2025

S-1/A filing: Real Asset Acquisition Corp. is offering 15,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant, for a total offering of $150,000,000.

5.8M 20M
Feb 07, 2025

S-1 filing: Real Asset Acquisition Corp. is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant.

5.8M 20M
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