Snail, Inc. (SNAL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SNAL currently has 13.9M outstanding shares. with significant dilution risk as 81.1M authorized shares could dilute existing holders by 584.2%. The company has significantly diluted shareholders by 71.75% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 13, 2026 |
10-Q filing | 13.9M shares outstanding |
14M | 81M |
| Mar 19, 2026 |
10-K filing | 8.7M shares outstanding |
8.7M | 81M |
| Dec 19, 2025 |
S-1/A filing: This prospectus relates to the resale from time to time of up to an aggregate of 5,414,991 shares of the Class A common stock of Snail, Inc. by the Selling Stockholders. |
9M | 81M |
| Nov 12, 2025 |
10-Q filing | 8.8M shares outstanding |
8.8M | 76M |
| Oct 30, 2025 |
8-K filing: Snail, Inc. entered into a securities purchase agreement with an accredited investor for the issuance of an unsecured convertible promissory note in the aggregate principal amount of $2,200,000 with a purchase price of $2,000,000. ($2.0M proceeds) |
8.4M | 76M |
| May 14, 2025 |
10-Q filing | 8.4M shares outstanding |
8.4M | 76M |
| May 08, 2025 |
S-1 filing: This prospectus relates to the resale from time to time of up to an aggregate of 2,293,940 shares of the Class A common stock of Snail, Inc. by the Selling Stockholders. |
8.5M | 76M |
| Mar 26, 2025 |
10-K filing | 8.0M shares outstanding |
8M | 73M |
| Nov 13, 2024 |
10-Q filing | 8.0M shares outstanding |
8M | 73M |
| Sep 11, 2024 |
S-3 filing: S-3 Filing for Snail, Inc. indicating intent to offer and sell up to $50,000,000 of Class A common stock, preferred stock and debt securities. |
8M | 73M |
| Aug 13, 2024 |
10-Q filing | 8.0M shares outstanding |
8M | 12M |
| May 15, 2024 |
10-Q filing | 8.0M shares outstanding |
8M | 12M |
| Apr 01, 2024 |
10-K filing | 7.9M shares outstanding |
7.9M | 12M |
| Nov 14, 2023 |
10-Q filing | 7.9M shares outstanding |
7.9M | 12M |
| Oct 20, 2023 |
S-1/A filing: This S-1/A filing, dated October 20, 2023, relates to the offering of Class A common stock by selling stockholders. It includes the offering of 10,675,308 shares of Class A Common Stock and 4,418,460 Shares of Class A Common Stock Issuable Upon Exercise of Warrants, as well as additional shares issuable under an equity line, warrants issued to Alumni Capital LP, and shares issuable upon conversion of convertible notes and warrants issued in connection with the Crom and Jefferson notes. |
7.9M | 12M |
| Oct 12, 2023 |
S-1/A filing: The filing relates to the potential offering and sale of up to 15,093,768 shares of Class A common stock by selling stockholders. The company will not receive any proceeds from the sale of shares by the selling stockholders. |
7.9M | 18M |
| Sep 21, 2023 |
S-1 filing: S-1 filing for offering of 8,913,312 shares of Class A common stock by selling stockholders. |
7.9M | 12M |
| Aug 30, 2023 |
8-K filing: Snail, Inc. entered into a Securities Purchase Agreement for a Convertible Note Financing and an Equity Line Purchase Agreement, selling notes convertible into Class A common stock and warrants, and up to $5,000,000 of shares of common stock with warrants. |
7.9M | 3.1M |
| Aug 14, 2023 |
10-Q filing | 7.9M shares outstanding |
7.9M | 3.1M |
| May 15, 2023 |
10-Q filing | 28.7M shares outstanding |
29M | 3.1M |
| Mar 29, 2023 |
10-K filing | 0.5M shares outstanding |
500K | 3.1M |
| Dec 15, 2022 |
10-Q filing | 0.5M shares outstanding |
500K | 3.1M |
| Nov 04, 2022 |
S-1/A filing: Snail, Inc. is offering 3,000,000 shares of its Class A common stock in its initial public offering, and will also issue warrants to the underwriters to purchase shares of Class A common stock. |
38M | 3.1M |
| Oct 26, 2022 |
S-1/A filing: Snail, Inc. is offering 3,000,000 shares of Class A common stock in its initial public offering, with an expected price between $4.00 and $6.00 per share, and will issue warrants to the underwriters to purchase 120,000 shares of Class A common stock. |
38M | 3.6M |
| Oct 17, 2022 |
S-1/A filing: Snail, Inc. is offering 5,000,000 shares of its Class A common stock in its initial public offering and will also issue warrants to the underwriters to purchase 200,000 shares of Class A common stock. |
50M | 5.2M |
| Sep 16, 2022 |
S-1 filing: S-1 filing for an initial public offering of Class A common stock and registering the issuance of shares upon exercise of warrants. |
N/A | 0 |