Cartesian Therapeutics, Inc. (RNAC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
RNAC currently has 26.9M outstanding shares. with significant dilution risk as 42.8M authorized shares could dilute existing holders by 159.4%. The company has significantly diluted shareholders by 37.4% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 30, 2026 |
10-Q filing | 26.9M shares outstanding |
27M | 43M |
| Mar 09, 2026 |
10-K filing | 26.0M shares outstanding |
26M | 43M |
| Nov 06, 2025 |
10-Q filing | 26.0M shares outstanding |
26M | 43M |
| Aug 07, 2025 |
10-Q filing | 26.0M shares outstanding |
26M | 43M |
| May 08, 2025 |
10-Q filing | 25.9M shares outstanding |
26M | 43M |
| Mar 13, 2025 |
10-K filing | 25.9M shares outstanding |
26M | 43M |
| Jan 10, 2025 |
POS AM filing: This is a POS AM filing to terminate the effectiveness of the Original Registration Statement and to deregister all the Registered Shares that remain unsold under the Original Registration Statement as of the date thereof. |
24M | 43M |
| Jan 10, 2025 |
POS AM filing: This is a post-effective amendment to terminate the effectiveness of the original registration statement and to deregister all the registered securities that remain unsold. |
24M | 43M |
| Dec 13, 2024 |
S-3 filing: This S-3 filing registers 11,392,350 shares of common stock for resale by selling stockholders, consisting of Merger Common Shares, Merger Conversion Shares, and Private Placement Conversion Shares, with the company not receiving any proceeds from the sale. |
24M | 49M |
| Dec 13, 2024 |
S-3 filing: Cartesian Therapeutics, Inc. files an S-3 form to offer and sell up to $400,000,000 in the aggregate of common stock, preferred stock, and debt securities. |
25M | 49M |
| Dec 13, 2024 |
S-3 filing: This prospectus relates to the proposed resale or other disposition by the selling stockholders identified herein of up to (i) 5,813,223 shares of our common stock, and (ii) 437,927 shares of Common Stock, issuable upon the conversion of 437,927 shares of Series B Non-Voting Convertible Preferred Stock. |
24M | 49M |
| Nov 07, 2024 |
10-Q filing | 25.4M shares outstanding |
25M | 12M |
| Sep 20, 2024 |
S-1/A filing: This S-1/A filing registers for resale up to 6,501,150 shares of common stock, including shares issuable upon conversion of Series B Preferred Stock. The selling stockholders will receive the proceeds from the sale of these shares. |
21M | 12M |
| Sep 09, 2024 |
S-1/A filing: This S-1/A filing relates to the resale of common stock and common stock issuable upon conversion of Series B Preferred Stock by selling stockholders. |
21M | 12M |
| Aug 08, 2024 |
10-Q filing | 21.4M shares outstanding |
21M | 12M |
| Aug 02, 2024 |
S-1 filing: This S-1 filing registers shares of common stock and shares of common stock issuable upon conversion of Series B Preferred Stock for resale by selling stockholders. |
21M | 12M |
| May 08, 2024 |
10-Q filing | 17.8M shares outstanding |
18M | 5.3M |
| Apr 04, 2024 |
Stock Split
8-K filing: Stock split 1-for-30 | Outstanding: 155,109,561 → 5,515,835 |
5.5M | 5.3M |
| Mar 07, 2024 |
10-K filing | 155.1M shares outstanding |
160M | 160M |
| Nov 13, 2023 |
10-Q filing | 154.8M shares outstanding |
150M | 160M |
| Oct 25, 2023 |
S-3 filing: Selecta Biosciences, Inc. files an S-3 registration statement for the potential offering of common stock, preferred stock, and debt securities, warrants and units up to an aggregate amount of $200,000,000. |
150M | 160M |
| Aug 17, 2023 |
10-Q filing | 153.4M shares outstanding |
150M | 160M |
| May 04, 2023 |
10-Q filing | 153.3M shares outstanding |
150M | 160M |
| Mar 02, 2023 |
10-K filing | 145.9M shares outstanding |
150M | 160M |
| Nov 03, 2022 |
10-Q filing | 152.8M shares outstanding |
150M | 160M |
| Aug 08, 2022 |
10-Q filing | 148.5M shares outstanding |
150M | 160M |
| May 05, 2022 |
10-Q filing | 151.8M shares outstanding |
150M | 160M |
| Mar 10, 2022 |
10-K filing | 114.3M shares outstanding |
110M | 160M |
| Nov 09, 2021 |
10-Q filing | 115.2M shares outstanding |
120M | 160M |
| Aug 12, 2021 |
10-Q filing | 113.5M shares outstanding |
110M | 160M |
| May 13, 2021 |
10-Q filing | 113.2M shares outstanding |
110M | 160M |
| Mar 12, 2021 |
10-K filing | 112.4M shares outstanding |
110M | 160M |
| Nov 05, 2020 |
10-Q filing | 108.0M shares outstanding |
110M | 160M |
| Sep 03, 2020 |
8-K filing: Selecta Biosciences, Inc. entered into a term loan facility of up to $35.0 million with Oxford Finance LLC and Silicon Valley Bank, and issued warrants to the lenders to purchase an aggregate of 203,850 shares of common stock at an exercise price of $2.54 per share. |
86M | 160M |
| Aug 06, 2020 |
S-3 filing: Selecta Biosciences, Inc. is offering common stock and other securities up to an aggregate amount of $200,000,000 from time to time. |
86M | 160M |
| Aug 06, 2020 |
10-Q filing | 86.3M shares outstanding |
86M | 160M |
| Jun 12, 2020 |
8-K filing: Selecta Biosciences, Inc. sold 5,416,390 shares of common stock to Swedish Orphan Biovitrum AB at a purchase price of $4.6156 per share, resulting in aggregate gross proceeds of $25 million. ($25.0M proceeds) |
86M | 69M |
| May 07, 2020 |
10-Q filing | 86.3M shares outstanding |
86M | 69M |
| Mar 12, 2020 |
10-K filing | 22.5M shares outstanding |
22M | 69M |
| Jan 29, 2020 |
S-3 filing: This S-3 filing relates to the proposed resale of up to 68,965,512 shares of common stock by selling stockholders. |
86M | 69M |