SHINECO, INC. (SISI) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SISI currently has 20.7M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 1343.47% over the past 2 years, indicating aggressive capital raising. 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 |
|---|---|---|---|
| Jul 09, 2025 |
8-K filing: Shineco, Inc. completed the sale of 18,000,000 shares of common stock to non-U.S. investors at $0.75 per share, resulting in gross proceeds of $13.5 million. ($13.5M proceeds) |
21M | 0 |
| Jun 02, 2025 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to sell 18,000,000 shares of common stock at $0.75 per share to non-U.S. investors, with gross proceeds expected to be approximately $13.5 million; the offering is expected to close on or about June 16, 2025. ($13.5M proceeds) |
21M | 0 |
| May 15, 2025 |
10-Q filing | 20.7M shares outstanding |
21M | 0 |
| Apr 23, 2025 |
8-K filing: Shineco Life Science Group Hong Kong Co., Limited, a subsidiary of Shineco, Inc., entered into a share purchase agreement to acquire 51% of the equity interests in InfiniClone Limited by paying US$19,895,600 in cash and issuing 3,450,000 shares of Shineco's common stock to the seller. |
17M | 0 |
| Mar 20, 2025 |
8-K filing: Shineco, Inc. subsidiary Shineco Life Science Group Hong Kong Co., Limited entered into a stock purchase agreement to acquire 75% of FuWang (HK) International Company Limited by paying RMB 63.89 million in cash, issuing 3,400,000 shares of Shineco, Inc.'s common stock, and transferring 71.42% equity interests in Dream Partner Limited. |
17M | 0 |
| Mar 13, 2025 |
S-1/A filing: This S-1/A filing registers the resale of 15,000,000 shares of common stock previously sold in a private placement. |
17M | 0 |
| Feb 18, 2025 |
S-1 filing: This S-1 filing discusses Shineco's business operations, including acquisitions, subsidiaries, and discontinued businesses, as well as a private placement of common stock and dividend policies. |
17M | 0 |
| Feb 18, 2025 |
RW filing: Shineco Inc. requests the withdrawal of its Registration Statement on Form S-3 (File No. 333-284272) because it no longer plans to consummate the offering described in the Registration Statement and confirms that no securities were sold in connection with the Registration Statement. |
17M | 0 |
| Feb 14, 2025 |
10-Q filing | 17.2M shares outstanding |
17M | 0 |
| Jan 14, 2025 |
S-3 filing: This prospectus relates to the offer and resale from time to time by the selling stockholders of up to 15,000,000 shares of common stock. |
1.7M | 14M |
| Dec 30, 2024 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to issue and sell 15,000,000 shares of common stock at $2.18 per share to non-U.S. investors for an aggregate purchase price of $32,700,000, with the offering expected to close on or about January 17, 2025, subject to certain conditions. ($32.7M proceeds) |
1.7M | 0 |
| Nov 14, 2024 |
10-Q filing | 1.7M shares outstanding |
1.7M | 0 |
| Nov 12, 2024 |
Stock Split
8-K filing: Stock split 1-for-24 | Outstanding: 33,817,606 → 1,613,898 |
1.6M | 0 |
| Sep 30, 2024 |
10-K filing | 33.8M shares outstanding |
34M | 0 |
| Sep 18, 2024 |
8-K filing: Shineco, Inc. completed a sale of 14,985,000 shares of common stock at $0.55 per share to 22 purchasers for gross proceeds of $8,241,750. ($8.24M proceeds) |
6.4M | 190K |
| Aug 28, 2024 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement with 22 purchasers to issue and sell an aggregate of 14,985,000 shares of common stock at a purchase price of $0.55 per share, for aggregate gross proceeds of $8,241,750, with the offering expected to close on or about September 10, 2024. ($8.24M proceeds) |
6.4M | 190K |
| Jul 17, 2024 |
8-K filing: Shineco, Inc. completed a public offering of 1,869,160 shares of common stock at a price of $1.07 per share, resulting in gross proceeds of approximately $2.0 million before deducting underwriting discounts and offering expenses. ($2.0M proceeds) |
6.4M | 190K |
| Jul 11, 2024 |
8-K filing: Shineco, Inc. completed the sale of 1,400,000 shares of common stock at $5.00 per share on July 8, 2024, resulting in gross proceeds of $7.0 million. ($7.0M proceeds) |
6.4M | 190K |
| Jun 21, 2024 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to sell 1,400,000 shares of common stock at $5.00 per share to non-U.S. investors, with gross proceeds expected to be approximately $7.0 million, before deduction of customary expenses; the offering is expected to close on or about July 31, 2024. ($7.0M proceeds) |
6.4M | 190K |
| May 15, 2024 |
10-Q filing | 6.4M shares outstanding |
6.4M | 190K |
| Feb 16, 2024 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 6,412,902 → 6,412,902 |
6.4M | 220K |
| Feb 08, 2024 |
10-Q filing | 6.4M shares outstanding |
6.4M | 60M |
| Dec 28, 2023 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to sell up to 12,000,000 shares of its common stock at $0.12 per share to non-US investors for gross proceeds of up to $1,440,000. ($1.44M proceeds) |
51M | 15M |
| Nov 14, 2023 |
10-Q filing | 50.9M shares outstanding |
51M | 15M |
| Sep 28, 2023 |
10-K filing | 43.8M shares outstanding |
44M | 23M |
| Jun 23, 2023 |
8-K filing: Shineco, Inc. entered into securities purchase agreements to sell up to 5,137,170 shares of common stock to non-U.S. investors in two offerings at prices of $1.05 and $0.5 per share. |
21M | 45M |
| Jun 02, 2023 |
8-K filing: Shineco Life, a subsidiary of Shineco, Inc., entered into a stock purchase agreement to acquire 71.42% equity interest in Wintrus by issuing 10,000,000 shares of Shineco's restricted common stock to certain shareholders of Dream Partner Limited. |
21M | 45M |
| May 12, 2023 |
10-Q filing | 21.1M shares outstanding |
21M | 45M |
| Feb 14, 2023 |
10-Q filing | 20.7M shares outstanding |
21M | 46M |
| Jan 04, 2023 |
8-K filing: The company issued 3,260,000 shares of common stock pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act to non-United States residents who are not a "U.S. person" as defined in Rule 902(k) of Regulation S and are not acquiring the Shares for the account or benefit of any U.S. person. |
16M | 50M |
| Nov 14, 2022 |
10-Q filing | 16.4M shares outstanding |
16M | 50M |
| Oct 25, 2022 |
8-K filing: Shineco, Inc. will issue 3,260,000 shares of its common stock to the equity holders of Seller or any persons designated by Seller as consideration for the acquisition of 51% of the issued equity interests of Target. |
16M | 50M |
| Sep 28, 2022 |
10-K filing | 16.4M shares outstanding |
16M | 50M |
| Aug 17, 2022 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to sell up to 1,921,683 shares of common stock to non-US investors at $0.915 per share for gross proceeds of up to $1,758,340. ($1.76M proceeds) |
11M | 56M |
| Aug 01, 2022 |
8-K filing: Shineco, Inc. completed the sale of 2,354,500 shares of common stock to certain non-U.S. investors at a price of $2.12 per share, resulting in gross proceeds of $4,991,540 on July 26, 2022. ($4.99M proceeds) |
11M | 56M |
| Jun 17, 2022 |
8-K filing: Shineco, Inc. entered into a stock purchase agreement to sell 2,354,500 shares of common stock at $2.12 per share to non-U.S. investors, pending stockholder and Nasdaq approval. ($4.98M proceeds) |
11M | 56M |
| Jun 03, 2022 |
S-3/A filing: Shineco, Inc. may from time to time sell common stock, preferred stock, warrants, or a combination of these securities for an aggregate initial offering price of up to $100,000,000. |
11M | 56M |
| May 16, 2022 |
10-Q filing | 10.8M shares outstanding |
11M | 5.7M |
| May 11, 2022 |
S-3/A filing: This S-3/A filing by Shineco, Inc. outlines a potential offering of common stock, preferred stock, warrants, or a combination of these securities for an aggregate initial offering price of up to $100,000,000. |
11M | 5.7M |
| Apr 14, 2022 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement with Jing Wang to sell up to 973,451 shares of common stock at $2.26 per share for gross proceeds of up to $2,200,000, with closing expected on or about April 15, 2022. ($2.2M proceeds) |
9.6M | 6.9M |
| Feb 14, 2022 |
10-Q filing | 9.6M shares outstanding |
9.6M | 6.9M |
| Jan 19, 2022 |
8-K filing: Shineco, Inc. entered into three share transfer agreements to acquire 51% equity interest of Xiang Peng You Kang (Beijing) Technology Co., Ltd. by issuing 700,551 shares of its common stock at $8 per share. |
9M | 7.5M |
| Dec 06, 2021 |
8-K filing: Shineco, Inc. sold 291,775 shares of its common stock to GHS Investments, LLC at a price of $6.8546 per share for gross proceeds of $2,000,000 on December 6, 2021. ($2.0M proceeds) |
9M | 7.5M |
| Nov 19, 2021 |
S-3 filing: Shineco, Inc. files an S-3 registration statement to offer common stock, preferred stock, warrants, or a combination of these securities, or units, for an aggregate initial offering price of up to $100,000,000. |
9M | 7.5M |
| Nov 15, 2021 |
10-Q filing | 9.1M shares outstanding |
9.1M | 0 |
| Sep 30, 2021 |
10-K filing | 7.9M shares outstanding |
7.9M | 0 |
| Jun 21, 2021 |
S-3/A filing: Shineco, Inc. may from time to time sell common stock, preferred stock, warrants, or a combination of these securities, or units, for an aggregate initial offering price of up to $25,000,000. |
7.9M | 0 |
| May 14, 2021 |
10-Q filing | 4.0M shares outstanding |
4M | 0 |
| Apr 19, 2021 |
8-K filing: Shineco, Inc. entered into stock purchase agreements to sell 3,872,194 shares of common stock in an aggregate amount of $11,005,204.40 to certain investors in a transaction not subject to registration under Regulation S. ($11.01M proceeds) |
3.6M | 0 |
| Feb 19, 2021 |
10-Q filing | 3.6M shares outstanding |
3.6M | 0 |
| Dec 15, 2020 |
8-K filing: Shineco, Inc. entered into a securities purchase agreement to sell up to 609,400 shares of common stock at $2.73 per share, for gross proceeds of approximately $1,651,377. ($1.65M proceeds) |
3M | 0 |
| Nov 18, 2020 |
S-3 filing: The company is filing an S-3 to register the offer and sale of common stock, preferred stock, warrants, or a combination of these securities, or units, for an aggregate initial offering price of up to $25,000,000. |
3M | 0 |
| Nov 16, 2020 |
10-Q filing | 3.0M shares outstanding |
3M | 0 |
| Sep 28, 2020 |
10-K filing | 3.0M shares outstanding |
3M | 0 |
| Aug 13, 2020 |
Stock Split
8-K filing: Stock split one-for-nine | Outstanding: 27,333,428 → 3,037,047 |
3M | 0 |
| May 14, 2020 |
10-Q filing | 27.3M shares outstanding |
27M | 0 |
| Feb 14, 2020 |
10-Q filing | 22.9M shares outstanding |
23M | 0 |