Rigetti Computing, Inc. (RGTI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 11, 2026

Risk Assessment Details

Potential Dilution: 82.22% of current shares
Recent Dilution: 77.21% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
330M
Potential Supply
270M
Additional shares possible
Splits
None
Past 2 years

Summary

RGTI currently has 332M outstanding shares. with significant dilution risk as 273M authorized shares could dilute existing holders by 82.2%. The company has significantly diluted shareholders by 77.21% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 11, 2026

10-Q filing | 332.1M shares outstanding

330M 270M
Nov 10, 2025

10-Q filing | 325.0M shares outstanding

330M 270M
Aug 12, 2025

10-Q filing | 298.3M shares outstanding

300M 270M
Jun 11, 2025

8-K filing: On June 11, 2025, the Company announced that it had completed sales of $350 million gross proceeds of common stock pursuant to its previously disclosed at-the-market equity offering program. The Company sold an aggregate 30,309,780 shares of its common stock under the ATM Program and intends to use the proceeds generated by the ATM Program for working capital, capital expenditures and other general corporate purposes, and may also use a portion of the net proceeds to enter into strategic collaborations, acquisitions or partnerships in the future. ($350.0M proceeds)

280M 270M
May 12, 2025

10-Q filing | 284.7M shares outstanding

280M 270M
Mar 07, 2025

10-K filing | 285.8M shares outstanding

290M 270M
Nov 27, 2024

8-K filing: Rigetti Computing, Inc. entered into securities purchase agreements with two institutional investors for a registered direct offering of 50,000,000 shares of common stock at $2.00 per share, expected to close on November 27, 2024, with gross proceeds of approximately $100 million. ($100.0M proceeds)

190M 270M
Nov 12, 2024

10-Q filing | 188.4M shares outstanding

190M 270M
Aug 08, 2024

10-Q filing | 171.9M shares outstanding

170M 270M
May 09, 2024

10-Q filing | 151.9M shares outstanding

150M 270M
Mar 14, 2024

10-K filing | 158.9M shares outstanding

160M 270M
Dec 22, 2023

POS AM filing: This prospectus relates to the offer and resale of up to 23,648,889 shares of our common stock by B. Riley Principal Capital II, LLC, which may receive up to $75,000,000 in aggregate gross proceeds from sales of our common stock.

150M 270M
Dec 11, 2023

POS AM filing: This prospectus relates to the offer and sale from time to time by Ampere Computing LLC or its permitted transferees of up to 500,000 shares of common stock issued upon the exercise of the vested portion of that certain warrant issued to the selling stockholder.

130M 270M
Dec 11, 2023

POS AM filing: This POS AM filing registers for resale up to 96,941,181 shares of common stock and 4,450,000 private placement warrants by selling securityholders, and the issuance of up to 16,763,305 shares of common stock upon exercise of warrants.

150M 270M
Dec 11, 2023

S-3 filing: Rigetti Computing, Inc. may offer and sell up to an aggregate amount of $250,000,000 of any combination of common stock, preferred stock, and/or debt securities from time to time.

130M 270M
Nov 09, 2023

10-Q filing | 133.9M shares outstanding

130M 33M
Aug 10, 2023

10-Q filing | 132.4M shares outstanding

130M 33M
May 11, 2023

10-Q filing | 129.8M shares outstanding

130M 33M
Apr 05, 2023

POS AM filing: This is a POS AM filing for the issuance of up to 17,141,926 shares of common stock upon exercise of warrants and the offer and sale of up to 96,941,181 shares of common stock and up to 4,450,000 private placement warrants by selling securityholders.

130M 33M
Apr 05, 2023

POS AM filing: This POS AM filing relates to the offer and sale of up to 500,000 shares of common stock by Ampere Computing LLC, issued upon the exercise of a warrant, with the company not receiving any proceeds from the sale.

130M 33M
Apr 05, 2023

POS AM filing: This prospectus relates to the offer and resale of up to 23,648,889 shares of our common stock by B. Riley Principal Capital II, LLC. B. Riley has committed to purchase from us, at our direction, up to $75,000,000 of our common stock, subject to terms and conditions specified in the Purchase Agreement.

130M 33M
Mar 27, 2023

10-K filing | 128.8M shares outstanding

130M 190M
Nov 22, 2022

10-Q filing | 118.6M shares outstanding

120M 190M
Aug 19, 2022

S-1/A filing: This prospectus relates to the offer and sale from time to time by Ampere Computing LLC of up to 500,000 shares of common stock issued upon the exercise of the vested portion of that certain warrant issued to the selling stockholder.

120M 190M
Aug 17, 2022

S-1 filing: This S-1 filing relates to the offer and resale of up to 23,648,889 shares of common stock by B. Riley Principal Capital II, LLC, with potential gross proceeds of up to $75,000,000 for the company through a Common Stock Purchase Agreement.

120M 190M
Aug 12, 2022

S-1 filing: This S-1 filing registers the resale of up to 1,000,000 shares of common stock by the selling stockholder, Ampere Computing LLC, consisting of 500,000 outstanding shares issued upon exercise of a warrant and 500,000 unexercised warrant shares.

110M 160M
Aug 12, 2022

10-Q filing | 114.1M shares outstanding

110M 160M
Jun 01, 2022

S-1/A filing: This S-1/A filing relates to the issuance of common stock upon exercise of warrants and the resale of common stock and warrants by selling securityholders.

110M 160M
May 25, 2022

S-1/A filing: This S-1/A filing registers for resale shares of common stock issuable upon exercise of warrants and shares of common stock held by selling securityholders.

110M 150M
May 16, 2022

10-Q filing | 113.8M shares outstanding

110M 150M
Apr 21, 2022

S-1/A filing: This S-1/A filing relates to the issuance of up to 19,354,059 shares of common stock issuable upon exercise of warrants and the offer and sale from time to time by the selling securityholders of up to 96,941,181 shares of common stock and up to 4,450,000 private placement warrants.

35M 150M
Mar 23, 2022

S-1 filing: The prospectus relates to the issuance of common stock upon exercise of warrants and the offer and sale of common stock and warrants by selling securityholders.

35M 150M
Feb 23, 2022

10-K filing | 34.5M shares outstanding

35M 33M
Nov 15, 2021

10-Q filing | 34.5M shares outstanding

35M 33M
Aug 13, 2021

10-Q filing | 34.5M shares outstanding

35M 33M
Jun 16, 2021

10-Q filing | 34.5M shares outstanding

35M 33M
Mar 01, 2021

S-1/A filing: This S-1/A filing relates to an offering of common stock and private placement warrants. The company has 7,187,500 Class B ordinary shares outstanding as of January 14, 2021. The sponsor committed to purchase 3,500,000-3,875,000 private placement warrants at $2.00 per warrant.

7.2M 33M
Feb 23, 2021

S-1/A filing: Supernova Partners Acquisition Company II, Ltd. is offering 25,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant.

7.2M 29M
Feb 10, 2021

S-1 filing: Supernova Partners Acquisition Company II, Ltd. is offering 25,000,000 units at $10.00 per unit, each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant.

7.2M 3.5M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime