Seanergy Maritime Holdings Corp. (SHIP) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 21, 2025

Risk Assessment Details

Potential Dilution: 1020.14% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
20M
Potential Supply
200M
Additional shares possible
Splits
None
Past 2 years

Summary

SHIP currently has 19.9M outstanding shares. with significant dilution risk as 203M authorized shares could dilute existing holders by 1020.1%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 21, 2025

20-F filing | 19.9M shares outstanding

20M 200M
Jul 12, 2024

F-3 filing: This F-3 filing describes a shelf offering of various securities, including common shares, preferred stock purchase rights, preferred shares, debt securities, warrants, purchase contracts, rights, depositary shares and units, with an aggregate offering price not to exceed $300,000,000, and also relates to the issuance of up to 269,459 common shares underlying outstanding Class E Warrants.

21M 200M
Apr 03, 2024

20-F filing | 18.4M shares outstanding

18M 200M
Mar 31, 2023

20-F filing | 17.7M shares outstanding

18M 200M
Mar 31, 2022

20-F filing | 173.0M shares outstanding

170M 50M
Jul 02, 2021

F-3 filing: This is an F-3 filing for Seanergy Maritime Holdings Corp. to offer common stock (including related preferred stock purchase rights), preferred stock, debt securities, warrants, purchase contracts, rights, depositary shares and units up to an aggregate offering price of $300,000,000, as well as common shares underlying outstanding Class E Warrants previously issued.

160M 66M
Apr 16, 2021

POS AM filing: This prospectus relates to the resale, from time to time, by the selling shareholders identified in this prospectus under the caption "Selling Shareholders," or the Selling Shareholders, of an aggregate of up to 43,738,900 of our common shares

160M 58M
Mar 31, 2021

20-F filing | 68.3M shares outstanding

68M 240M
Feb 22, 2021

F-1 filing: This F-1 filing relates to the resale of up to 48,236,327 common shares by selling shareholders, consisting of common shares, shares issuable upon exercise of warrants, and shares issuable upon conversion of convertible notes.

150M 150M
May 08, 2020

F-3 filing: F-3 filing for resale of up to 187,050,000 common shares by selling shareholders, issuable upon exercise of outstanding warrants.

260M 0
May 07, 2020

POS AM filing: This prospectus relates to the issuance of up to 37,063,500 of our common shares issuable upon the exercise of (i) 35,299,000 outstanding Class D Warrants to purchase common shares, and (ii) a Representative's Warrant to purchase up to 1,764,500 of our common shares.

260M 0
Mar 05, 2020

20-F filing | 26.9M shares outstanding

27M 0
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