Relay Therapeutics, Inc. (RLAY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
RLAY currently has 180M outstanding shares. with limited dilution risk as only 24.9M additional shares (13.8%) are authorized for issuance. The company has significantly diluted shareholders by 33.48% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 05, 2026 |
10-Q filing | 179.8M shares outstanding |
180M | 25M |
| Nov 06, 2025 |
10-Q filing | 172.4M shares outstanding |
170M | 25M |
| Aug 07, 2025 |
10-Q filing | 171.3M shares outstanding |
170M | 25M |
| May 05, 2025 |
10-Q filing | 169.2M shares outstanding |
170M | 25M |
| Feb 26, 2025 |
10-K filing | 169.5M shares outstanding |
170M | 25M |
| Nov 06, 2024 |
10-Q filing | 167.4M shares outstanding |
170M | 25M |
| Aug 06, 2024 |
10-Q filing | 132.8M shares outstanding |
130M | 25M |
| May 02, 2024 |
10-Q filing | 130.8M shares outstanding |
130M | 25M |
| Feb 22, 2024 |
10-K filing | 122.6M shares outstanding |
120M | 25M |
| Jan 08, 2024 |
8-K filing: Relay Therapeutics, Inc. entered into a securities purchase agreement for the private placement of 2,500,000 shares of common stock at $12.00 per share, with gross proceeds of approximately $30 million. ($30.0M proceeds) |
120M | 25M |
| Nov 02, 2023 |
10-Q filing | 122.2M shares outstanding |
120M | 25M |
| Aug 08, 2023 |
10-Q filing | 121.7M shares outstanding |
120M | 25M |
| May 04, 2023 |
10-Q filing | 121.3M shares outstanding |
120M | 25M |
| Feb 23, 2023 |
10-K filing | 112.2M shares outstanding |
110M | 25M |
| Nov 03, 2022 |
10-Q filing | 110.9M shares outstanding |
110M | 25M |
| Sep 15, 2022 |
8-K filing: Relay Therapeutics, Inc. announced an underwritten public offering of 11,320,755 shares of common stock at a price of $26.50 per share, with an option for the underwriters to purchase an additional 1,698,113 shares. ($284.5M proceeds) |
110M | 25M |
| Aug 04, 2022 |
10-Q filing | 108.9M shares outstanding |
110M | 25M |
| May 05, 2022 |
10-Q filing | 108.7M shares outstanding |
110M | 25M |
| Feb 24, 2022 |
10-K filing | 108.3M shares outstanding |
110M | 25M |
| Nov 10, 2021 |
10-Q filing | 108.0M shares outstanding |
110M | 25M |
| Oct 14, 2021 |
8-K filing: Relay Therapeutics, Inc. completed a public offering of 13,207,547 shares of common stock at $26.50 per share, with underwriters exercising their option to purchase an additional 1,981,132 shares. ($399.9M proceeds) |
93M | 25M |
| Aug 12, 2021 |
10-Q filing | 92.7M shares outstanding |
93M | 25M |
| May 13, 2021 |
10-Q filing | 92.4M shares outstanding |
92M | 25M |
| Apr 28, 2021 |
S-1 filing: This S-1 filing discusses potential U.S. federal income tax implications for non-U.S. holders of common stock and details the sale of 1,883,487 shares of common stock by selling stockholders. |
90M | 25M |
| Mar 25, 2021 |
10-K filing | 90.4M shares outstanding |
90M | 23M |
| Nov 12, 2020 |
10-Q filing | 90.0M shares outstanding |
90M | 23M |
| Aug 27, 2020 |
10-Q filing | 4.6M shares outstanding |
4.6M | 23M |
| Jul 15, 2020 |
S-1/A filing: This is an S-1/A (Amendment No. 4) filing for Relay Therapeutics, Inc. registering common stock with a proposed maximum offering price of $437,000,000, covering 23,000,000 shares at $19.00 per share, including an underwriter option to purchase 3,000,000 shares. |
4.9M | 23M |
| Jul 15, 2020 |
S-1/A filing: This is an S-1/A filing for an initial public offering of common stock. The company is offering 20,000,000 shares of common stock, with an additional 3,000,000 shares available to underwriters. The company estimates net proceeds to be $341.1 million or $392.7 million if the option is exercised in full assuming an IPO price of $18.50. After the offering, there will be 86,875,742 shares of common stock outstanding. |
4.9M | 23M |
| Jul 14, 2020 |
S-1/A filing: Relay Therapeutics, Inc. is offering 14,700,000 shares of common stock in an S-1/A filing, with an additional 2,205,000 shares available to underwriters, estimating net proceeds of $229.4 million, intending to use the funds for drug discovery, clinical development, and manufacturing platform expansion. |
4.9M | 17M |
| Jul 09, 2020 |
S-1/A filing: This S-1/A filing details the offering of common stock at an initial public offering price of $17.00 per share. The company intends to use the net proceeds from this offering to fund drug discovery and clinical development efforts as well as further expansion of our manufacturing platform and capabilities, and infrastructure to support our pipeline. |
4.9M | 17M |
| Jun 24, 2020 |
S-1 filing: This is an S-1 filing for an initial public offering of common stock. |
17M | 0 |