Skye Bioscience, Inc. (SKYE) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SKYE currently has 35.1M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 15.0% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
10-Q filing | 35.1M shares outstanding |
35M | 0 |
| Mar 10, 2026 |
10-K filing | 33.4M shares outstanding |
33M | 0 |
| Nov 10, 2025 |
10-Q filing | 32.1M shares outstanding |
32M | 0 |
| Aug 07, 2025 |
10-Q filing | 31.0M shares outstanding |
31M | 0 |
| May 08, 2025 |
10-Q filing | 31.0M shares outstanding |
31M | 0 |
| Mar 20, 2025 |
10-K filing | 31.0M shares outstanding |
31M | 0 |
| Nov 07, 2024 |
10-Q filing | 30.3M shares outstanding |
30M | 0 |
| Aug 09, 2024 |
10-Q filing | 30.3M shares outstanding |
30M | 0 |
| May 10, 2024 |
S-3 filing: This is an S-3 filing for a shelf offering of up to 4,000,000 shares of common stock for resale by selling securityholders. |
28M | 0 |
| May 10, 2024 |
S-3 filing: This is an S-3 filing for an at-the-market offering of common stock with an aggregate offering price of up to $100,000,000. |
28M | 0 |
| May 10, 2024 |
10-Q filing | 28.0M shares outstanding |
28M | 0 |
| Apr 24, 2024 |
POS AM filing: This POS AM filing relates to the offering of up to 33,753,271 shares of common stock by selling securityholders. |
28M | 0 |
| Mar 27, 2024 |
S-1 filing: This prospectus relates to the possible resale from time to time by the selling securityholders named herein of up to 33,753,271 shares of common stock, $0.001 par value per share. |
28M | 710K |
| Mar 22, 2024 |
10-K filing | 28.1M shares outstanding |
28M | 0 |
| Mar 13, 2024 |
8-K filing: Skye Bioscience, Inc. completed a private placement, issuing and selling 4,000,000 shares of common stock at a price of $10.00 per share, resulting in gross proceeds of $40,000,000 before deducting fees and expenses. ($40.0M proceeds) |
12M | 0 |
| Jan 29, 2024 |
8-K filing: Skye Bioscience, Inc. entered into a Securities Purchase Agreement with institutional investors to issue and sell 11,822,124 shares of common stock at $2.305 per share and pre-funded warrants to purchase up to 9,978,739 shares of common stock at $2.3049 per pre-funded warrant, with expected gross proceeds of $50,249,991. ($50.25M proceeds) |
12M | 0 |
| Nov 14, 2023 |
10-Q filing | 12.3M shares outstanding |
12M | 0 |
| Sep 08, 2023 |
Stock Split
8-K filing: Stock split 1-for-250 | Outstanding: 3,080,000,000 → 12,312,551 |
12M | 0 |
| Aug 21, 2023 |
8-K filing: Skye Bioscience, Inc. completed the acquisition of Bird Rock Bio, Inc. and issued shares of common stock in connection with the merger and a private placement. ($12.0M proceeds) |
3.1B | 0 |
| Aug 07, 2023 |
10-Q filing | 971.5M shares outstanding |
970M | 0 |
| May 12, 2023 |
10-Q filing | 941.9M shares outstanding |
940M | 0 |
| Mar 31, 2023 |
10-K filing | 971.5M shares outstanding |
970M | 0 |
| Feb 23, 2023 |
8-K filing: Skye Bioscience, Inc. issued 16,641,486 shares of common stock to Emerald Health Sciences, Inc. upon warrant exercise and 41,379,164 shares of common stock upon conversion of debt. ($1.88M proceeds) |
910M | 0 |
| Nov 14, 2022 |
10-Q filing | 912.2M shares outstanding |
910M | 0 |
| Aug 15, 2022 |
10-Q filing | 495.9M shares outstanding |
500M | 0 |
| May 06, 2022 |
10-Q filing | 495.8M shares outstanding |
500M | 0 |
| Mar 28, 2022 |
10-K filing | 495.9M shares outstanding |
500M | 0 |
| Nov 10, 2021 |
10-Q filing | 476.1M shares outstanding |
480M | 0 |
| Sep 28, 2021 |
8-K filing: Skye Bioscience, Inc. entered into a securities purchase agreement for a registered direct offering involving the sale of common stock, pre-funded warrants, and warrants, expecting to receive gross proceeds of approximately $7.0 million. ($7.0M proceeds) |
380M | 0 |
| Aug 06, 2021 |
10-Q filing | 378.4M shares outstanding |
380M | 0 |
| Jul 29, 2021 |
S-3 filing: SKYE Bioscience, Inc. is offering a combination of common stock and preferred stock with an aggregate amount of $75,000,000. |
300M | 0 |
| Jul 22, 2021 |
8-K filing: Skye Bioscience, Inc. entered into a letter agreement with accredited investors to exercise warrants to purchase 21,166,667 shares of common stock at $0.06 per share, with gross proceeds expected to be approximately $1.27 million. ($1.27M proceeds) |
340M | 0 |
| May 07, 2021 |
10-Q filing | 336.9M shares outstanding |
340M | 0 |
| Mar 02, 2021 |
10-K filing | 350.0M shares outstanding |
350M | 0 |
| Nov 06, 2020 |
10-Q filing | 256.8M shares outstanding |
260M | 24M |
| Aug 13, 2020 |
10-Q filing | 239.5M shares outstanding |
240M | 42M |
| Aug 05, 2020 |
8-K filing: Emerald Bioscience, Inc. closed an offering on August 4, 2020, issuing units consisting of common stock and warrants at $0.06 per Common Unit and pre-funded warrants and warrants at $0.059 per Pre-Funded Unit, raising gross proceeds of approximately $7.0 million. ($21.0M proceeds) |
180M | 98M |
| Jul 28, 2020 |
S-1/A filing: The company is offering common units, pre-funded units, and warrants to purchase common stock, with the intention to use the net proceeds for general corporate purposes, including working capital and possible acquisitions. |
180M | 98M |
| May 08, 2020 |
10-Q filing | 183.7M shares outstanding |
180M | 0 |
| Apr 29, 2020 |
8-K filing: Emerald Bioscience, Inc. entered into an Amended and Restated Multi-Draw Credit Agreement with Emerald Health Sciences, Inc. for a credit facility of up to $20,000,000, including warrants to purchase 7,500,000 shares of common stock at $0.50 per share; the Lender exercised 40,800,000 warrants and paid $4,080,000. ($4.08M proceeds) |
170M | 0 |
| Mar 23, 2020 |
10-K filing | 169.6M shares outstanding |
170M | 0 |