SRM Entertainment, Inc. (SRM) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
SRM currently has 476M outstanding shares. with limited dilution risk as only 34.7M additional shares (7.3%) are authorized for issuance. The company has significantly diluted shareholders by 903.25% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 08, 2026 |
10-Q filing | 476.4M shares outstanding |
480M | 35M |
| Mar 25, 2026 |
10-K filing | 274.4M shares outstanding |
270M | 35M |
| Mar 18, 2026 |
S-3 filing: This prospectus relates to the resale of common stock of Tron Inc. by the selling stockholder. |
270M | 35M |
| Mar 13, 2026 |
S-3/A filing: This prospectus is part of a registration statement that we filed with the SEC utilizing a shelf registration process, under which we may sell any combination of common stock, preferred stock, debt securities, warrants, rights, and units in one or more offerings up to a total dollar amount of $1,000,000,000. |
270M | 22M |
| Dec 29, 2025 |
8-K filing: Tron Inc. entered into a Stock Purchase Agreement with Black Anthem Limited for the sale of 13,067,151 shares of common stock at $1.3775 per share, resulting in gross proceeds of approximately $18 million. ($18.0M proceeds) |
270M | 22M |
| Nov 10, 2025 |
10-Q filing | 257.1M shares outstanding |
260M | 22M |
| Oct 17, 2025 |
S-3/A filing: This prospectus relates to the registration of common stock, preferred stock, debt securities, warrants, rights, and units that the company may offer and sell from time to time, with an aggregate offering price of up to $1,000,000,000. |
33M | 22M |
| Sep 02, 2025 |
8-K filing: Bravemorning Limited exercised PIPE Warrants in full, and the Company issued 220,000,000 shares of Common Stock to Bravemorning for $110,000,000 paid in 312,500,100 TRX tokens. ($220.0M proceeds) |
33M | 22M |
| Aug 29, 2025 |
8-K filing: Tron Inc. amended PIPE Warrants to allow exercise price payment in TRON tokens (TRX) in addition to cash or cashless exercise. |
33M | 22M |
| Aug 22, 2025 |
S-3/A filing: The company filed a registration statement with the SEC utilizing a shelf registration process to sell any combination of common stock, preferred stock, debt securities, warrants, rights, and units in one or more offerings up to a total dollar amount of $1,000,000,000. |
33M | 22M |
| Aug 08, 2025 |
10-Q filing | 33.5M shares outstanding |
33M | 22M |
| Jun 16, 2025 |
8-K filing: SRM Entertainment, Inc. entered into a Securities Purchase Agreement for a private investment in public equity (PIPE) offering, issuing 100,000 shares of Series B Convertible Preferred Stock convertible into 200,000,000 shares of common stock, and warrants to acquire up to 220,000,000 shares of Common Stock. ($100.0M proceeds) |
17M | 22M |
| May 29, 2025 |
S-3 filing: This S-3 filing relates to the resale of up to 18,392,856 shares of common stock by the selling stockholders. |
17M | 22M |
| May 28, 2025 |
8-K filing: SRM Entertainment, Inc. closed a PIPE Offering on May 27, 2025, issuing Series A Convertible Preferred Stock and warrants, resulting in gross proceeds of $5 million, and also issued options to non-employee directors. ($5.0M proceeds) |
17M | 3.3M |
| May 09, 2025 |
10-Q filing | 17.2M shares outstanding |
17M | 3.3M |
| Mar 31, 2025 |
10-K filing | 17.2M shares outstanding |
17M | 3.3M |
| Dec 06, 2024 |
8-K filing: SRM Entertainment, Inc. entered into a securities purchase agreement to sell and issue 1,580,000 shares of common stock and 712,133 pre-funded warrants to purchase up to 712,133 shares of common stock at a combined purchase price of approximately $1.7 million. ($1.7M proceeds) |
14M | 3.3M |
| Nov 13, 2024 |
10-Q filing | 13.9M shares outstanding |
14M | 3.3M |
| Oct 22, 2024 |
8-K filing: SRM Entertainment, Inc. entered into Securities Purchase Agreements with four accredited investors for the purchase and sale of 1,711,477 shares of the Company's common stock at a price of $0.61 per share, generating gross proceeds of approximately $1,044,000. ($1.04M proceeds) |
10M | 3.3M |
| Sep 11, 2024 |
S-3 filing: SRM Entertainment, Inc. files an S-3 to offer and sell up to $25 million in the aggregate of common stock, preferred stock, and debt securities from time to time in one or more offerings. |
10M | 3.3M |
| Sep 06, 2024 |
8-K filing: SRM Entertainment, Inc. issued 1,500,000 restricted shares of common stock to Suretone Entertainment, Inc. as part of an asset purchase agreement. ($1.25M proceeds) |
10M | 3.3M |
| Aug 12, 2024 |
10-Q filing | 10.2M shares outstanding |
10M | 3.3M |
| May 10, 2024 |
10-Q filing | 10.0M shares outstanding |
10M | 3.3M |
| Apr 01, 2024 |
10-K filing | 10.2M shares outstanding |
10M | 3.3M |
| Nov 13, 2023 |
10-Q filing | 9.8M shares outstanding |
9.8M | 3.3M |
| Oct 03, 2023 |
10-Q filing | 9.5M shares outstanding |
9.5M | 3.3M |
| Aug 16, 2023 |
8-K filing: SRM Entertainment, Inc. completed its initial public offering of 1,250,000 shares of common stock at $5.00 per share on August 16, 2023, receiving net proceeds of approximately $5.3 million, and issued warrants to the Representative to purchase up to 50,000 shares of common stock. ($6.25M proceeds) |
8.2M | 3.3M |
| Jul 28, 2023 |
S-1/A filing: SRM Entertainment, Inc. is offering 1,250,000 shares of common stock in an initial public offering at an assumed price of $5.00 per share. Additionally, Jupiter Wellness will distribute 2,000,000 shares of SRM's common stock to its shareholders and warrant holders. |
8.2M | 3.3M |
| Jul 18, 2023 |
S-1/A filing: SRM Entertainment, Inc. is offering 1,250,000 shares of common stock in an initial public offering at an assumed price of $5.00 per share. Additionally, Jupiter Wellness will distribute 2,000,000 shares of SRM Entertainment, Inc. common stock to its shareholders and warrant holders. |
8.2M | 3.3M |
| Jul 06, 2023 |
S-1/A filing: SRM Entertainment, Inc. is offering 1,800,000 shares of common stock in an initial public offering, with an assumed initial public offering price of $5.00 per share, and also registering 2,000,000 shares of common stock to be distributed by Jupiter Wellness to its shareholders and warrant holders. |
8.2M | 3.8M |
| Jun 12, 2023 |
S-1/A filing: SRM Entertainment, Inc. is offering 1,800,000 shares of common stock in an initial public offering, with an anticipated offering price between $4.50 and $5.50 per share. Jupiter Wellness is distributing 2,000,000 shares of SRM common stock to its shareholders and warrant holders. |
8.2M | 3.8M |
| May 26, 2023 |
S-1 filing: SRM Entertainment, Inc. is offering 1,800,000 shares of common stock in an initial public offering, with an anticipated offering price between $4.50 and $5.50 per share. Jupiter Wellness, Inc. is also distributing an aggregate of 2,000,000 shares of SRM common stock to its shareholders. |
8.2M | 3.8M |