Recon Technology, Ltd (RCON) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
RCON currently has 7.99M outstanding shares. with significant dilution risk as 130M authorized shares could dilute existing holders by 1628.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Oct 30, 2024 |
20-F filing | 8.0M shares outstanding |
8M | 130M |
| Sep 12, 2024 |
F-1 filing: This F-1 filing from Recon Technology Ltd. provides an overview of the company, its business operations in China through variable interest entities (VIEs), recent developments, and associated risks, including those related to the VIE structure and regulatory environment in China. It also discloses a private placement transaction where the company agreed to sell 100,000,000 Class A ordinary shares at USD$0.11 per share for USD$11,000,000 which closed on February 2, 2024. |
30M | 130M |
| Oct 30, 2023 |
20-F filing | 29.7M shares outstanding |
30M | 30M |
| May 01, 2023 |
F-1 filing: This is an F-1 filing summary for Recon Technology, highlighting information about the company, the offering, and risk factors. |
27M | 30M |
| Dec 02, 2022 |
F-3 filing: The company is filing an F-3 form to register the offering of ordinary shares, preferred shares, depositary shares, debt securities, warrants, rights, and units up to an aggregate offering price of $200,000,000. |
27M | 21M |
| Oct 28, 2022 |
20-F filing | 26.9M shares outstanding |
27M | 21M |
| Nov 15, 2021 |
20-F filing | 7.2M shares outstanding |
7.2M | 21M |
| Jul 09, 2021 |
F-3 filing: This F-3 filing relates to the offer and resale by selling shareholders of 8,814,102 warrant shares issuable upon exercise of warrants with an exercise price of $6.24 per share. |
27M | 21M |
| Feb 10, 2021 |
F-3 filing: This F-3 filing registers for resale 9,225,338 ordinary shares by selling shareholders, issued upon conversion of convertible promissory notes. The company will not receive any proceeds from the sale of these shares. |
18M | 12M |
| Nov 06, 2020 |
F-3 filing: Recon Technology, Ltd is offering 600,000 ordinary shares through a resale by the selling shareholder. |
7.2M | 3.2M |
| Oct 09, 2020 |
20-F filing | 7.2M shares outstanding |
7.2M | 2.6M |
| Jul 17, 2020 |
F-3 filing: This F-3 filing relates to the offer and resale of up to 2,591,112 Ordinary Shares of Recon Technology, Ltd issuable upon exercise of warrants currently held by Selling Shareholders. |
7.2M | 2.6M |