SuperCom Ltd (SPCB) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 09, 2025

Risk Assessment Details

Potential Dilution: 1003.33% of current shares
Recent Dilution: 106.86% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
4.4M
Potential Supply
45M
Additional shares possible
Splits
None
Past 2 years

Summary

SPCB currently has 4.45M outstanding shares. with significant dilution risk as 44.6M authorized shares could dilute existing holders by 1003.3%. The company has significantly diluted shareholders by 106.86% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 09, 2025

F-3 filing: This F-3 filing relates to the resale of up to 698,324 ordinary shares of SuperCom Ltd. issuable upon the exercise of outstanding warrants exercisable at $13.50 per share.

4.4M 45M
Apr 28, 2025

20-F filing | 2.2M shares outstanding

2.2M 44M
Jan 10, 2025

F-3 filing: SUPERCOM LTD. may offer, issue and sell from time to time up to $50,000,000 of its ordinary shares, preferred shares, warrants, debt securities, subscription rights and/or a combination of such securities, separately or as units, in one or more offerings.

2.1M 44M
Sep 11, 2024

POS AM filing: This POS AM filing relates to the registration of resale of ordinary shares issuable upon exercise of warrants previously issued in a private placement to Armistice Capital Master Fund Ltd.

13M 44M
May 06, 2024

F-1 filing: This F-1 filing relates to the registration of resale of warrant shares and shares issued in a registered direct public offering.

13M 45M
Apr 22, 2024

20-F filing | 13.3M shares outstanding

13M 44M
May 15, 2023

F-1 filing: This filing relates to the registration of resale of warrant shares, with the company having previously issued shares and warrants in a registered direct public offering and concurrent private placement.

4.2M 44M
Apr 20, 2023

20-F filing | 4.2M shares outstanding

4.2M 41M
Aug 26, 2022

F-1 filing: The filing relates to the registration of resale of ordinary shares issued through a registered direct public offering and concurrent private placement, including ordinary shares, pre-funded warrants, and private warrants.

28M 41M
May 27, 2022

F-1 filing: The filing pertains to the registration of resale of shares and warrants previously issued to a selling stockholder, including Registered Shares, Registered Pre-Funded Warrants, and Private Warrants, as well as the shares issuable upon exercise of these warrants.

28M 28M
Apr 04, 2022

20-F filing | 28.2M shares outstanding

28M 15M
Dec 01, 2021

F-3 filing: F-3 filing for the offering of ordinary shares, warrants, debt securities, subscription rights and/or units with a total public offering price not to exceed $10,000,000.

22M 15M
Apr 30, 2021

20-F filing | 20.0M shares outstanding

20M 0
Nov 27, 2020

20-F filing | 16.2M shares outstanding

16M 0
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