Protara Therapeutics, Inc. (TARA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 13, 2026

Risk Assessment Details

Potential Dilution: 32.73% of current shares
Recent Dilution: 118.71% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
58M
Potential Supply
19M
Additional shares possible
Splits
None
Past 2 years

Summary

TARA currently has 57.5M outstanding shares. with moderate dilution risk from 18.8M authorized shares representing 32.7% potential dilution. The company has significantly diluted shareholders by 118.71% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 13, 2026

10-Q filing | 57.5M shares outstanding

58M 19M
Mar 10, 2026

10-K filing | 54.1M shares outstanding

54M 19M
Nov 10, 2025

10-Q filing | 42.3M shares outstanding

42M 19M
Aug 11, 2025

10-Q filing | 42.3M shares outstanding

42M 19M
May 08, 2025

10-Q filing | 40.7M shares outstanding

41M 19M
Mar 05, 2025

10-K filing | 36.8M shares outstanding

37M 19M
Jan 13, 2025

8-K filing: The company completed a public offering of 13,690,000 shares of common stock and pre-funded warrants to purchase 2,325,372 shares at $6.25 and $6.249 respectively, and the underwriters partially exercised their option to purchase an additional 438,738 shares at the public offering price less discounts.

22M 19M
Dec 11, 2024

8-K filing: Protara Therapeutics, Inc. completed an offering of 13,690,000 shares of common stock and 2,325,372 pre-funded warrants at a price of $6.25 per share and $6.249 per pre-funded warrant, respectively, for gross proceeds of approximately $100 million. ($100.06M proceeds)

22M 19M
Nov 12, 2024

10-Q filing | 22.3M shares outstanding

22M 260M
Aug 06, 2024

10-Q filing | 21.2M shares outstanding

21M 260M
May 02, 2024

S-3 filing: S-3 filing indicates selling stockholders may sell shares of common stock from time to time.

11M 260M
May 02, 2024

10-Q filing | 20.6M shares outstanding

21M 260M
Apr 05, 2024

8-K filing: Protara Therapeutics, Inc. entered into a Subscription Agreement with certain purchasers to sell and issue 9,143,380 shares of common stock and pre-funded warrants to purchase 1,700,000 shares of common stock, accompanied by warrants to purchase up to 10,843,380 shares of common stock, with an expected closing on April 10, 2024, and aggregate gross proceeds of approximately $45 million. ($45.0M proceeds)

11M 260M
Mar 13, 2024

10-K filing | 11.3M shares outstanding

11M 260M
Nov 03, 2023

10-Q filing | 11.3M shares outstanding

11M 260M
Nov 03, 2023

S-3 filing: The company is filing an S-3 to offer up to $300,000,000 of common stock, preferred stock, debt securities, and warrants from time to time.

11M 260M
Aug 03, 2023

10-Q filing | 11.3M shares outstanding

11M 19M
May 04, 2023

10-Q filing | 11.3M shares outstanding

11M 19M
Mar 08, 2023

10-K filing | 11.3M shares outstanding

11M 19M
Nov 03, 2022

10-Q filing | 11.3M shares outstanding

11M 19M
Aug 09, 2022

10-Q filing | 11.3M shares outstanding

11M 19M
May 05, 2022

10-Q filing | 11.3M shares outstanding

11M 19M
Mar 09, 2022

10-K filing | 11.3M shares outstanding

11M 19M
Nov 04, 2021

10-Q filing | 11.2M shares outstanding

11M 19M
Aug 05, 2021

10-Q filing | 11.2M shares outstanding

11M 19M
May 06, 2021

10-Q filing | 11.2M shares outstanding

11M 19M
Mar 11, 2021

10-K filing | 11.2M shares outstanding

11M 19M
Dec 09, 2020

S-3 filing: The filing is an S-3 registration statement for a shelf offering of common stock, preferred stock, and debt securities, allowing the company to offer up to $300,000,000 in one or more offerings from time to time.

11M 19M
Nov 12, 2020

10-Q filing | 10.5M shares outstanding

11M 5.8M
Sep 23, 2020

8-K filing: Protara Therapeutics, Inc. entered into underwriting agreements for concurrent public offerings expected to result in gross proceeds of approximately $147.6 million, including the offering of 4,600,000 shares of common stock at $16.87 per share and 4,148 shares of Series 1 Preferred Stock at $16,873.54 per share.

5.8M 5.8M
Jul 31, 2020

10-Q filing | 5.8M shares outstanding

5.8M 5.8M
May 14, 2020

S-3 filing: Protara Therapeutics files an S-3 form to register a shelf offering of common stock, preferred stock, and debt securities, with a total aggregate offering price of $150,000,000.

5.8M 5.8M
May 13, 2020

10-Q filing | 5.8M shares outstanding

5.8M 5.8M
Mar 30, 2020

8-K filing: ArTara Therapeutics, Inc. adopted the ArTara Therapeutics, Inc. Inducement Plan, reserving 600,000 shares of the Company's common stock for issuance under the plan.

5.8M 5.8M
Mar 20, 2020

10-K filing | 5.8M shares outstanding

5.8M 5.8M
Jan 30, 2020

S-3 filing: This S-3 filing covers the offer and resale by selling stockholders of up to 5,776,244 shares of common stock.

N/A 5.8M
Jan 10, 2020

8-K filing: The company completed a private placement on January 9, 2020, selling 1,896,888 shares of common stock at $7.01 per share and 3,879.356 shares of Series 1 Preferred Stock at $7,011.47 per share, for an aggregate purchase price of approximately $40.5 million. ($40.5M proceeds)

N/A 0
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