Sezzle Inc. (SEZL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 08, 2025

Risk Assessment Details

Potential Dilution: 116.46% of current shares
Recent Dilution: 1.74% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
34M
Potential Supply
39M
Additional shares possible
Splits
1 Split
Past 2 years

Summary

SEZL currently has 33.9M outstanding shares. with significant dilution risk as 39.4M authorized shares could dilute existing holders by 116.5%. The company has minimally diluted shareholders by 1.74% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2025

10-Q filing | 33.9M shares outstanding

34M 39M
Mar 28, 2025
Stock Split

8-K filing: Stock split 6-for-1 | Outstanding: 5,618,497 → 33,710,982

34M 40M
Feb 27, 2025

10-K filing | 5.6M shares outstanding

5.6M 6.6M
Nov 08, 2024

10-Q filing | 5.5M shares outstanding

5.5M 6.7M
Aug 08, 2024

10-Q filing | 5.7M shares outstanding

5.7M 6.6M
Jul 10, 2024

S-3 filing: This is an S-3 filing for the proposed resale or other disposition of up to 3,414,736 shares of common stock by selling stockholders.

5.7M 6.6M
May 09, 2024

10-Q filing | 5.7M shares outstanding

5.7M 3.1M
Feb 29, 2024

10-K filing | 5.6M shares outstanding

5.6M 3.2M
Nov 14, 2023

10-Q filing | 5.7M shares outstanding

5.7M 3.1M
Aug 14, 2023

10-Q filing | 5.7M shares outstanding

5.7M 3.1M
Jul 28, 2023

S-1/A filing: This is an S-1/A filing for the registration of 3,241,221 shares of common stock for resale by registered stockholders.

5.5M 3.3M
May 15, 2023

10-Q filing | 5.6M shares outstanding

5.6M 0
Mar 11, 2023
Stock Split

8-K filing: Stock split 1-for-38 | Outstanding: 206,856,959 → 5,443,604

5.4M 0
Feb 28, 2023

10-K filing | 206.9M shares outstanding

210M 0
Nov 14, 2022

10-Q filing | 207.7M shares outstanding

210M 0
Oct 18, 2022

8-K filing: Sezzle Inc. entered into a senior secured asset-based revolving credit facility with a borrowing capacity of up to $100.0 million and issued warrants to purchase up to 2,075,064 shares of its common stock to the lenders.

210M 0
Aug 15, 2022

10-Q filing | 207.2M shares outstanding

210M 0
May 16, 2022

10-Q filing | 204.6M shares outstanding

200M 0
Mar 30, 2022

10-K filing | 200.3M shares outstanding

200M 0
Nov 15, 2021

10-Q filing | 202.3M shares outstanding

200M 0
Aug 16, 2021

10-Q filing | 197.8M shares outstanding

200M 0
Jul 16, 2021

8-K filing: Sezzle Inc. sold $30,000,000 of common stock to a subsidiary of Discover Financial Services at a price of $6.58 per share, equating to 4,559,270 shares. ($30.0M proceeds)

N/A 0
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