RCI HOSPITALITY HOLDINGS, INC. (RICK) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 8.49% of current shares
Recent Dilution: 7.6% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
8.3M
Potential Supply
700K
Additional shares possible
Splits
None
Past 2 years

Summary

RICK currently has 8.3M outstanding shares. with limited dilution risk as only 704K additional shares (8.5%) are authorized for issuance. The company has minimally diluted shareholders by 7.6% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 8.3M shares outstanding

8.3M 700K
Mar 19, 2026

10-K filing | 7.7M shares outstanding

7.7M 1.3M
Nov 25, 2025

8-K filing: RCI Hospitality Holdings, Inc. purchased 821,000 shares of its common stock from ADW Capital Partners, L.P. for $30,000,000, consisting of $8,000,000 in cash and a $22,000,000 unsecured promissory note. ($30.0M proceeds)

8.8M 210K
Aug 11, 2025

10-Q filing | 8.8M shares outstanding

8.8M 210K
May 12, 2025

10-Q filing | 8.9M shares outstanding

8.9M 140K
Feb 10, 2025

10-Q filing | 8.9M shares outstanding

8.9M 79K
Dec 16, 2024

10-K filing | 9.3M shares outstanding

9.3M 0
Aug 08, 2024

10-Q filing | 9.3M shares outstanding

9.3M 0
May 09, 2024

10-Q filing | 9.4M shares outstanding

9.4M 0
Feb 08, 2024

10-Q filing | 9.4M shares outstanding

9.4M 0
Dec 14, 2023

10-K filing | 9.3M shares outstanding

9.3M 0
Aug 09, 2023

10-Q filing | 9.4M shares outstanding

9.4M 0
May 10, 2023

10-Q filing | 9.3M shares outstanding

9.3M 0
Feb 09, 2023

10-Q filing | 9.2M shares outstanding

9.2M 0
Dec 15, 2022

8-K filing: RCI Hospitality Holdings, Inc. entered into definitive agreements to acquire five gentlemen's clubs, related real estate, intellectual property, and ATMs for $66.5 million, including 200,000 restricted shares of common stock valued at $80 per share. ($16.0M proceeds)

9.4M 0
Dec 14, 2022

10-K filing | 9.4M shares outstanding

9.4M 0
Aug 09, 2022

10-Q filing | 9.4M shares outstanding

9.4M 0
May 09, 2022

10-Q filing | 9.5M shares outstanding

9.5M 0
Feb 09, 2022

8-K filing: On February 9, 2022, the compensation committee granted a total of 300,000 new stock option awards (exercisable into a total of 300,000 shares of common stock) to six individuals.

9.5M 0
Feb 09, 2022

10-Q filing | 9.5M shares outstanding

9.5M 0
Dec 14, 2021

10-K filing | 9.5M shares outstanding

9.5M 0
Aug 05, 2021

10-Q filing | 9.0M shares outstanding

9M 0
Jul 28, 2021

8-K filing: RCI Hospitality Holdings, Inc. entered into definitive agreements to acquire 11 gentlemen's clubs, six related real estate properties, and associated intellectual property for a total purchase price of $88.0 million, including the issuance of 300,000 shares of restricted common stock at $60.00 per share to acquire nine clubs controlled by Troy Lowrie, and 200,000 shares of restricted common stock at $60.00 per share to acquire Club Licensing, LLC. ($30.0M proceeds)

9M 0
May 14, 2021

S-3 filing: RCI Hospitality Holdings, Inc. is filing an S-3 to offer and sell common stock, preferred stock, warrants, units, and rights up to an aggregate offering price of $100,000,000.

9M 0
May 10, 2021

10-Q filing | 9.0M shares outstanding

9M 0
Feb 09, 2021

10-Q filing | 9.0M shares outstanding

9M 0
Dec 14, 2020

10-K filing | 9.0M shares outstanding

9M 0
Aug 10, 2020

10-Q filing | 9.1M shares outstanding

9.1M 0
May 11, 2020

10-Q filing | 9.6M shares outstanding

9.6M 0
Feb 27, 2020

10-Q filing | 9.6M shares outstanding

9.6M 0
Feb 13, 2020

10-K filing | 9.6M shares outstanding

9.6M 0
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