SunCar Technology Group Inc. (SDA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 28, 2026

Risk Assessment Details

Potential Dilution: 26.06% of current shares
Recent Dilution: 14.97% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
60M
Potential Supply
16M
Additional shares possible
Splits
None
Past 2 years

Summary

SDA currently has 59.6M outstanding shares. with moderate dilution risk from 15.5M authorized shares representing 26.1% potential dilution. The company has diluted shareholders by 14.97% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 28, 2026

20-F filing | 59.6M shares outstanding

60M 16M
Apr 28, 2025

20-F filing | 51.8M shares outstanding

52M 23M
Jul 12, 2024

F-3 filing: SunCar Technology Group Inc. is offering up to 20,832,142 Class A Ordinary Shares held by KMBP.

100M 0
Jun 03, 2024

F-3 filing: SunCar Technology Group Inc. is filing an F-3 form to offer up to US$300,000,000 in various securities including Class A Ordinary Shares, preferred shares and debt securities.

54M 300K
Apr 29, 2024

20-F filing | 40.1M shares outstanding

40M 14M
Oct 23, 2023

F-1 filing: This F-1 filing describes an offering of Class A Ordinary Shares and warrants. The company intends to offer up to 3,000,000 Class A Ordinary Shares, together with warrants to purchase up to 6,000,000 Class A Ordinary Shares at a combined price of $10.00 per share and warrant.

36M 18M
Jul 24, 2023

F-1 filing: This F-1 filing relates to the issuance by SunCar Technology Group Inc. of up to 3,050,000 Class A Ordinary Shares upon the exercise of warrants at an exercise price of $11.50 per share, potentially generating up to $35.1 million for general corporate purposes.

86M 0
Jul 17, 2023

F-1 filing: F-1 filing for SunCar Technology Group Inc. offering Class A Ordinary Shares through the exercise of GEM Warrants and an equity line agreement with GEM Investor.

83M 0
Jul 14, 2023

20-F filing | 32.9M shares outstanding

33M 0
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