Radiopharm Theranostics Ltd (RADX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: December 17, 2025

Risk Assessment Details

Potential Dilution: 74.94% of current shares
Recent Dilution: 69.93% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
3.8B
Potential Supply
2.9B
Additional shares possible
Splits
None
Past 2 years

Summary

RADX currently has 3.83B outstanding shares. with significant dilution risk as 2.87B authorized shares could dilute existing holders by 74.9%. The company has significantly diluted shareholders by 69.93% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 17, 2025

F-3 filing: This F-3 filing from 2025-12-17 details an offering of ADSs representing ordinary shares by selling shareholders.

3.8B 2.9B
Dec 16, 2025

F-3 filing: This F-3 filing from Radiopharm Theranostics Limited describes a combination offering of American Depositary Shares representing Ordinary Shares, with a total proposed amount of $50,000,000, and a subsequent prospectus supplement detailing an at-the-market offering of American Depositary Shares with a proposed amount of $22,400,000 through Leerink Partners LLC.

2.3B 2.6B
Dec 05, 2024

F-1 filing: This F-1 filing outlines a private placement where the company issued ordinary shares and warrants, and discusses the potential sale of these securities by selling shareholders through American Depositary Shares (ADSs).

2.3B 2.6B
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