SmartStop Self Storage REIT, Inc. (SMA) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SMA currently has 55.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 373.61% 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 |
|---|---|---|---|
| May 08, 2026 |
10-Q filing | 55.3M shares outstanding |
55M | 0 |
| Nov 07, 2025 |
10-Q filing | 55.4M shares outstanding |
55M | 0 |
| Aug 08, 2025 |
10-Q filing | 30.4M shares outstanding |
30M | 0 |
| Jun 12, 2025 |
Stock Split
8-K filing: Stock split 1-for-4 | Outstanding: 31,050,000 → 7,762,500 |
7.8M | 0 |
| May 09, 2025 |
10-Q filing | 31.1M shares outstanding |
31M | 0 |
| Mar 12, 2025 |
10-K filing | 88.4M shares outstanding |
88M | 0 |
| Nov 13, 2024 |
10-Q filing | 88.3M shares outstanding |
88M | 0 |
| Aug 13, 2024 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| May 14, 2024 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| Mar 18, 2024 |
10-K filing | 88.7M shares outstanding |
89M | 0 |
| Nov 14, 2023 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| Aug 10, 2023 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| May 11, 2023 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| Mar 03, 2023 |
10-K filing | 84.0M shares outstanding |
84M | 0 |
| Nov 10, 2022 |
10-Q filing | 88.7M shares outstanding |
89M | 0 |
| Aug 11, 2022 |
10-Q filing | 81.4M shares outstanding |
81M | 0 |
| Aug 10, 2022 |
8-K filing: On August 9, 2022, 1,094,434 Class A-2 Units of SmartStop OP, L.P. were converted into 1,094,434 Class A-1 Units of the Operating Partnership pursuant to the achievement of the third tier of earnout consideration. |
77M | 0 |
| May 11, 2022 |
10-Q filing | 77.3M shares outstanding |
77M | 0 |
| Mar 29, 2022 |
8-K filing: On March 29, 2022, 1,094,434 Class A-2 Units were converted into 1,094,434 Class A-1 Units pursuant to the achievement of the second tier of earnout consideration received in connection with the self administration transaction. |
77M | 0 |
| Mar 23, 2022 |
10-K filing | 77.2M shares outstanding |
77M | 0 |
| Nov 05, 2021 |
10-Q filing | 76.9M shares outstanding |
77M | 0 |
| Aug 13, 2021 |
10-Q filing | 76.5M shares outstanding |
77M | 0 |
| May 14, 2021 |
10-Q filing | 76.2M shares outstanding |
76M | 0 |
| Mar 26, 2021 |
10-K filing | 76.1M shares outstanding |
76M | 0 |
| Nov 13, 2020 |
10-Q filing | 52.4M shares outstanding |
52M | 0 |
| Aug 12, 2020 |
10-Q filing | 52.2M shares outstanding |
52M | 0 |
| May 15, 2020 |
10-Q filing | 51.9M shares outstanding |
52M | 0 |
| Mar 27, 2020 |
10-K filing | 51.7M shares outstanding |
52M | 0 |