SHENGFENG DEVELOPMENT Ltd (SFWL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SFWL currently has 40.6M outstanding shares. with significant dilution risk as 24M authorized shares could dilute existing holders by 59.1%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Oct 24, 2025 |
F-3 filing: Shengfeng Development Limited may offer and sell up to $500,000,000 of Class A ordinary shares and debt securities. |
41M | 24M |
| Mar 28, 2025 |
20-F filing | 40.6M shares outstanding |
41M | 24M |
| Mar 29, 2024 |
20-F filing | 40.6M shares outstanding |
41M | 24M |
| Aug 04, 2023 |
F-1 filing: The company is offering up to 8,000,000 Units at an assumed public offering price of $7.50 per Unit, with each Unit consisting of one Class A Ordinary Share and one Warrant to purchase one Class A Ordinary Share(s) at an exercise price of $8.25. |
41M | 24M |
| May 01, 2023 |
20-F filing | 40.5M shares outstanding |
41M | 8M |
| Sep 09, 2022 |
F-1 filing: This is an F-1 filing for an initial public offering of Class A Ordinary Shares of Shengfeng Development Limited, a holding company with operations conducted in China through subsidiaries and VIE agreements. |
80M | 8M |