Sana Biotechnology, Inc. (SANA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SANA currently has 277M outstanding shares. with limited dilution risk as only 23.4M additional shares (8.4%) are authorized for issuance. The company has diluted shareholders by 22.09% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
10-Q filing | 276.9M shares outstanding |
280M | 23M |
| Apr 13, 2026 |
8-K filing: Sana Biotechnology, Inc. entered into a stock purchase agreement with Mayo Clinic to sell 7,507,507 shares of common stock at $3.33 per share, for gross proceeds of approximately $25.0 million, with a potential for an additional 7,507,507 shares at the same price if elected by Mayo Clinic. ($50.0M proceeds) |
260M | 23M |
| Nov 06, 2025 |
10-Q filing | 260.5M shares outstanding |
260M | 23M |
| Aug 11, 2025 |
10-Q filing | 238.4M shares outstanding |
240M | 23M |
| May 08, 2025 |
8-K filing: Sana Biotechnology entered into a sales agreement with TD Securities (USA) LLC to sell up to $119.0 million of common stock through an at-the-market offering program, and terminated its prior sales agreement with TD Cowen under which approximately 4.9 million shares were sold for gross proceeds of approximately $30.6 million. ($30.6M proceeds) |
230M | 23M |
| May 08, 2025 |
10-Q filing | 237.6M shares outstanding |
240M | 23M |
| Mar 17, 2025 |
POS AM filing: Sana Biotechnology, Inc. files a POS AM for a mixed shelf offering of common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, purchase contracts and units, with an aggregate offering price not to exceed $350,000,000. |
240M | 23M |
| Mar 17, 2025 |
10-K filing | 230.9M shares outstanding |
230M | 23M |
| Nov 08, 2024 |
10-Q filing | 235.4M shares outstanding |
240M | 23M |
| Aug 08, 2024 |
10-Q filing | 234.4M shares outstanding |
230M | 23M |
| May 08, 2024 |
10-Q filing | 217.3M shares outstanding |
220M | 23M |
| Feb 29, 2024 |
10-K filing | 220.4M shares outstanding |
220M | 23M |
| Nov 08, 2023 |
10-Q filing | 197.0M shares outstanding |
200M | 23M |
| Aug 03, 2023 |
10-Q filing | 192.5M shares outstanding |
190M | 23M |
| May 08, 2023 |
10-Q filing | 191.2M shares outstanding |
190M | 23M |
| Mar 16, 2023 |
POS AM filing: Sana Biotechnology, Inc. may offer and sell up to $350,000,000 in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings. |
190M | 23M |
| Mar 16, 2023 |
10-K filing | 188.3M shares outstanding |
190M | 23M |
| Nov 02, 2022 |
10-Q filing | 189.3M shares outstanding |
190M | 23M |
| Aug 04, 2022 |
10-Q filing | 187.6M shares outstanding |
190M | 23M |
| May 10, 2022 |
10-Q filing | 189.7M shares outstanding |
190M | 23M |
| Mar 16, 2022 |
10-K filing | 189.5M shares outstanding |
190M | 23M |
| Nov 08, 2021 |
10-Q filing | 188.8M shares outstanding |
190M | 23M |
| Aug 04, 2021 |
10-Q filing | 190.5M shares outstanding |
190M | 23M |
| May 05, 2021 |
10-Q filing | 187.7M shares outstanding |
190M | 23M |
| Feb 03, 2021 |
S-1/A filing: This S-1/A filing is for an initial public offering of common stock. |
160M | 23M |
| Feb 02, 2021 |
S-1/A filing: This S-1/A filing details an offering of common stock with an underwriters' over-allotment option. The company intends to use the net proceeds from this offering, together with our existing cash, cash equivalents and marketable securities, to fund the ongoing development of our _in vivo_ cell engineering platform and product candidates, which we anticipate will allow us to complete preclinical studies on each of our current product candidates and advance at least three _in vivo_ product candidates through human proof of concept studies; to fund the ongoing development of our _ex vivo_ cell engineering platform and product candidates, which we believe will allow us to complete preclinical studies on each of our current product candidates and advance at least three _ex vivo_ product candidates through human proof of concept studies; to fund research efforts focused on advancing and broadening the scope of our _ex vivo_ and _in vivo_ cell engineering platforms; to continue developing manufacturing capabilities for our product candidates; and the remainder, if any, for working capital and other general corporate purposes. |
160M | 17M |
| Jan 28, 2021 |
S-1/A filing: This S-1/A filing includes information on a common stock offering of 15,000,000 shares with an underwriter's over-allotment option of 2,250,000 shares, resulting in 175,314,776 to 177,564,776 shares outstanding after the offering. |
160M | 16M |
| Jan 13, 2021 |
S-1 filing: This is an S-1 filing for an initial public offering of common stock. |
640M | 0 |