Republic Digital Acquisition Co (RDAG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 94.67% of current shares
Recent Dilution: 374.31% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
30M
Potential Supply
28M
Additional shares possible
Splits
None
Past 2 years

Summary

RDAG currently has 30M outstanding shares. with significant dilution risk as 28.4M authorized shares could dilute existing holders by 94.7%. The company has significantly diluted shareholders by 374.31% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 30.0M shares outstanding

30M 28M
Nov 14, 2025

10-Q filing | 30.0M shares outstanding

30M 28M
Jun 16, 2025

10-Q filing | 30.0M shares outstanding

30M 28M
Apr 11, 2025

S-1/A filing: This S-1/A filing from 2025-04-11 discusses the payment of expenses related to an offering, including legal and accounting fees, preparation and filing expenses, background check fees, and fees associated with listing the securities on Nasdaq.

6.3M 28M
Apr 01, 2025

S-1/A filing: Initial public offering of 22,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant, with an additional 6,400,000 private placement warrants to be sold simultaneously.

6.3M 28M
Feb 28, 2025

S-1 filing: Republic Digital Acquisition Company is offering 22,000,000 units at $10.00 per unit, each consisting of one Class A ordinary share and one-half of one redeemable warrant in an initial public offering.

6.3M 28M
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