S&W Seed Co (SANW) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SANW currently has 2.14M outstanding shares. with significant dilution risk as 1.39M authorized shares could dilute existing holders by 65.0%. The company has minimally diluted shareholders by 0.82% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2025 |
10-Q filing | 2.1M shares outstanding |
2.1M | 1.4M |
| Feb 13, 2025 |
10-Q filing | 2.3M shares outstanding |
2.3M | 1.2M |
| Dec 23, 2024 |
8-K filing: S&W Seed Company repurchased 200,000 shares of its common stock from MFP Partners L.P. in a private, non-underwritten transaction; the shares were retired and restored to authorized but unissued status. |
2.3M | 1.3M |
| Nov 26, 2024 |
10-Q filing | 2.3M shares outstanding |
2.3M | 1.3M |
| Nov 01, 2024 |
10-K filing | 2.3M shares outstanding |
2.3M | 1.3M |
| Oct 17, 2024 |
Stock Split
8-K filing: Stock split 1-for-19 | Outstanding: 43,314,975 → 2,279,667 |
2.3M | 1.3M |
| May 14, 2024 |
10-Q filing | 43.3M shares outstanding |
43M | 24M |
| Feb 14, 2024 |
10-Q filing | 43.1M shares outstanding |
43M | 24M |
| Nov 09, 2023 |
10-Q filing | 43.0M shares outstanding |
43M | 24M |
| Sep 27, 2023 |
10-K filing | 42.9M shares outstanding |
43M | 24M |
| May 11, 2023 |
10-Q filing | 42.8M shares outstanding |
43M | 24M |
| Mar 22, 2023 |
8-K filing: S&W Seed Company issued a warrant to MFP Partners L.P. to purchase 1,300,000 shares of common stock at an exercise price of $2.15 per share. |
43M | 25M |
| Feb 13, 2023 |
10-Q filing | 42.7M shares outstanding |
43M | 25M |
| Dec 23, 2022 |
8-K filing: S&W Seed Company issued a warrant to MFP Partners L.P. to purchase 666,700 shares of common stock at an exercise price of $1.60 per share. |
43M | 25M |
| Nov 14, 2022 |
10-Q filing | 42.6M shares outstanding |
43M | 25M |
| Nov 01, 2022 |
8-K filing: S&W Seed Company issued a warrant to MFP Partners, L.P. to purchase 166,700 shares of common stock at an exercise price of $1.60 per share in connection with an amendment to a subordinate loan and security agreement. |
39M | 28M |
| Sep 28, 2022 |
10-K filing | 39.1M shares outstanding |
39M | 28M |
| Sep 26, 2022 |
8-K filing: S&W Seed Company entered into a Subordinate Loan and Security Agreement with MFP Partners, L.P., issuing a warrant to purchase up to 500,000 shares of common stock and additional warrants upon each Bank Draw, with an exercise price of $1.60 per share. |
40M | 28M |
| May 17, 2022 |
8-K filing: S&W Seed Company amended its At Market Issuance Sales Agreement with B. Riley Securities Inc. to increase the aggregate offering price of common stock from $17.1 million to $24.6 million and as of May 16, 2022, the Company has sold 5,641,915 shares of Common Stock pursuant to the Sales Agreement for an aggregate offering price of approximately $17.1 million. ($17.1M proceeds) |
40M | 28M |
| May 16, 2022 |
10-Q filing | 39.5M shares outstanding |
40M | 28M |
| Feb 23, 2022 |
8-K filing: S&W Seed Company entered into a Securities Purchase Agreement with MFP Partners, selling 1,695 shares of Series B Preferred Stock and a warrant to purchase up to 559,350 shares of common stock for $5.0 million. ($5.0M proceeds) |
38M | 29M |
| Feb 10, 2022 |
10-Q filing | 38.5M shares outstanding |
38M | 29M |
| Dec 17, 2021 |
S-3 filing: This prospectus relates to the offer and resale from time to time by certain selling stockholders named in this prospectus of up to 1,847,343 shares of our common stock. |
37M | 31M |
| Nov 12, 2021 |
10-Q filing | 36.8M shares outstanding |
37M | 29M |
| Sep 28, 2021 |
10-K filing | 34.6M shares outstanding |
35M | 31M |
| May 13, 2021 |
10-Q filing | 34.9M shares outstanding |
35M | 30M |
| Feb 11, 2021 |
10-Q filing | 33.5M shares outstanding |
34M | 32M |
| Nov 12, 2020 |
10-Q filing | 33.5M shares outstanding |
33M | 32M |
| Sep 23, 2020 |
10-K filing | 33.3M shares outstanding |
33M | 32M |
| Sep 23, 2020 |
S-3 filing: The filing is an S-3 registration statement for the potential sale of up to $100,000,000 of common stock, preferred stock, debt securities, or warrants, either individually or in combination. |
33M | 32M |
| May 14, 2020 |
10-Q filing | 33.4M shares outstanding |
33M | 0 |
| Feb 12, 2020 |
10-Q filing | 33.3M shares outstanding |
33M | 0 |