China SXT Pharmaceuticals, Inc. (SXTC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: November 10, 2025

Risk Assessment Details

Potential Dilution: 398.12% of current shares
Recent Dilution: 520.47% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
14M
Potential Supply
55M
Additional shares possible
Splits
None
Past 2 years

Summary

SXTC currently has 13.8M outstanding shares. with significant dilution risk as 54.8M authorized shares could dilute existing holders by 398.1%. The company has significantly diluted shareholders by 520.47% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 10, 2025

F-3 filing: China SXT Pharmaceuticals, Inc. may offer and sell up to $600,000,000 in the aggregate of Class A Ordinary Shares, warrants to purchase Class A Ordinary Shares, debt securities, units and rights or any combination of the foregoing.

14M 55M
Nov 10, 2025

POS AM filing: The company is removing unsold securities from registration after abandoning the offering, but $29,200,000 of securities were sold under the registration statement.

14M 55M
Jul 31, 2025

20-F filing | 13.8M shares outstanding

14M 230M
Oct 22, 2024

F-3 filing: China SXT Pharmaceuticals, Inc. is offering up to $120,000,000 in the aggregate of Ordinary Shares, warrants to purchase Ordinary Shares, debt securities, units and rights or any combination of the foregoing.

2.2M 230M
Aug 13, 2024

20-F filing | 2.2M shares outstanding

2.2M 55M
Jul 31, 2023

20-F filing | 11.4M shares outstanding

11M 55M
Jul 18, 2022

20-F filing | 40.6M shares outstanding

41M 55M
Aug 13, 2021

20-F filing | 15.5M shares outstanding

16M 55M
Feb 02, 2021

F-3 filing: China SXT Pharmaceuticals, Inc. is offering Ordinary Shares, preferred shares, warrants to purchase Ordinary Shares or preferred shares, debt securities, rights or any combination of the foregoing, either individually or as units comprised of one or more of the other securities, with an aggregate offering price not exceeding $40,000,000.

35M 55M
Jul 31, 2020

20-F filing | 34.7M shares outstanding

35M 0
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