Roivant Sciences Ltd. (ROIV) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 20, 2026

Risk Assessment Details

Potential Dilution: 34.98% of current shares
Recent Dilution: 2.36% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
690M
Potential Supply
240M
Additional shares possible
Splits
None
Past 2 years

Summary

ROIV currently has 694M outstanding shares. with moderate dilution risk from 243M authorized shares representing 35.0% potential dilution. The company has minimally diluted shareholders by 2.36% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 20, 2026

10-K filing | 693.9M shares outstanding

690M 240M
Nov 10, 2025

10-Q filing | 680.9M shares outstanding

680M 260M
Aug 11, 2025

10-Q filing | 680.3M shares outstanding

680M 260M
May 29, 2025

10-K filing | 725.4M shares outstanding

730M 210M
Feb 10, 2025

10-Q filing | 722.7M shares outstanding

720M 210M
Nov 12, 2024

10-Q filing | 735.5M shares outstanding

740M 200M
Aug 09, 2024

10-Q filing | 735.8M shares outstanding

740M 200M
May 30, 2024

10-K filing | 783.2M shares outstanding

780M 150M
Apr 02, 2024

8-K filing: Roivant Sciences Ltd. authorized a common share repurchase program of up to $1.5 billion and entered into a share repurchase agreement with Sumitomo to repurchase 71,251,083 common shares at $9.10 per share, for an aggregate purchase price of approximately $648.4 million. ($648.4M proceeds)

800M 140M
Feb 13, 2024

10-Q filing | 800.6M shares outstanding

800M 140M
Nov 13, 2023

10-Q filing | 770.2M shares outstanding

770M 170M
Sep 29, 2023

S-3 filing: The filing is an S-3 shelf registration for up to $1.5 billion in common shares, preference shares, debt securities, warrants, or units.

760M 180M
Aug 14, 2023

10-Q filing | 759.3M shares outstanding

760M 30M
Jun 28, 2023

10-K filing | 712.8M shares outstanding

710M 77M
Feb 13, 2023

10-Q filing | 713.3M shares outstanding

710M 76M
Nov 14, 2022

10-Q filing | 699.9M shares outstanding

700M 90M
Nov 10, 2022

8-K filing: Roivant Sciences Ltd. closed an underwritten offering of 30,000,000 common shares at $5.00 per share on November 10, 2022, with 20,000,000 shares sold by the company and 10,000,000 shares sold by selling shareholders, resulting in total gross proceeds of $150 million. ($150.0M proceeds)

700M 88M
Sep 29, 2022

POS AM filing: The filing registers the issuance of common shares upon the exercise of public and private warrants.

700M 88M
Sep 29, 2022

POS AM filing: This is a POS AM filing to terminate the offering of securities pursuant to the Registration Statement. The Registrant removes from registration any and all securities registered under the Registration Statement that remain unsold on the date hereof and terminates the effectiveness of the Registration Statement.

700M 88M
Sep 29, 2022

POS AM filing: This is a post-effective amendment to deregister securities from a previous S-1 filing (File No. 333-261853) in connection with a new S-3 registration statement (File No. 333-267503). The amendment removes from registration any and all securities registered under the Registration Statement that remain unsold as of immediately prior to the effectiveness of the Form S-3 Registration Statement and terminates the effectiveness of the Registration Statement.

700M 88M
Sep 19, 2022

S-3 filing: This is an S-3 filing for a shelf offering of up to 566,982,174 common shares by selling securityholders and an at-the-market offering up to $400 million. The company intends to use the net proceeds from the sale of any securities offered under this prospectus for working capital and general corporate purposes.

700M 88M
Aug 15, 2022

10-Q filing | 695.9M shares outstanding

700M 0
Jul 29, 2022

POS AM filing: This POS AM filing relates to the offering of Common Shares underlying Warrants with an exercise price of $11.50 per share.

700M 0
Jun 28, 2022

10-K filing | 700.8M shares outstanding

700M 0
Feb 17, 2022

S-1 filing: This is an S-1 filing for common stock. The price or prices at which Common Shares may be sold by the Holder under this prospectus cannot currently be determined.

690M 0
Feb 14, 2022

10-Q filing | 692.1M shares outstanding

690M 0
Dec 22, 2021

S-1 filing: This is an S-1 filing for common stock. The price per share is undetermined.

680M 0
Nov 15, 2021

10-Q filing | 684.8M shares outstanding

680M 0
Oct 29, 2021

S-1 filing: This S-1 filing discusses the offering price of Common Shares underlying Warrants, set at an exercise price of $11.50 per share. It also mentions the company's listing on The Nasdaq Global Market under the symbols 'ROIV' and 'ROIVW'.

220M 0
Sep 21, 2021

10-Q filing | 222.7M shares outstanding

220M 0
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