TScan Therapeutics, Inc. (TCRX) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
TCRX currently has 52.5M outstanding shares. with significant dilution risk as 94.5M authorized shares could dilute existing holders by 180.1%. The company has diluted shareholders by 16.39% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 12, 2025 |
10-Q filing | 52.5M shares outstanding |
52M | 95M |
| May 06, 2025 |
10-Q filing | 52.3M shares outstanding |
52M | 95M |
| Mar 05, 2025 |
10-K filing | 52.3M shares outstanding |
52M | 95M |
| Mar 05, 2025 |
S-3 filing: Tscan Therapeutics files an S-3 to offer up to $300,000,000 in aggregate principal amount of its voting common stock, non-voting common stock, preferred stock, debt securities, warrants and/or units. |
57M | 95M |
| Nov 21, 2024 |
8-K filing: TScan Therapeutics, Inc. issued 3,134,796 shares of voting common stock to a lender on November 20, 2024, upon conversion of $15 million of principal amount of a loan at a conversion price of $4.785 per share, pursuant to a conversion notice received on November 15, 2024. |
49M | 95M |
| Nov 12, 2024 |
10-Q filing | 49.1M shares outstanding |
49M | 95M |
| Aug 12, 2024 |
10-Q filing | 48.7M shares outstanding |
49M | 95M |
| May 13, 2024 |
10-Q filing | 48.6M shares outstanding |
49M | 95M |
| Mar 06, 2024 |
10-K filing | 43.6M shares outstanding |
44M | 95M |
| Mar 06, 2024 |
S-3 filing: TSCAN Therapeutics, Inc. may from time to time issue up to $300,000,000 in aggregate principal amount of voting common stock, non-voting common stock, preferred stock, and debt securities. |
44M | 95M |
| Nov 09, 2023 |
10-Q filing | 43.5M shares outstanding |
44M | 95M |
| Aug 10, 2023 |
10-Q filing | 47.2M shares outstanding |
47M | 95M |
| May 16, 2023 |
S-3/A filing: This is an S-3/A filing related to a shelf registration statement. |
19M | 95M |
| May 16, 2023 |
S-3/A filing: This is an S-3/A filing. The filing discusses undertakings related to offers or sales being made and post-effective amendments to the registration statement. |
19M | 95M |
| May 10, 2023 |
10-Q filing | 19.5M shares outstanding |
19M | 95M |
| Mar 08, 2023 |
10-K filing | 19.1M shares outstanding |
19M | 95M |
| Nov 09, 2022 |
S-3 filing: This S-3 filing covers the offer and resale of 2,784,792 shares of voting common stock and 4,276,588 shares of non-voting common stock by selling stockholders. |
19M | 95M |
| Nov 09, 2022 |
10-Q filing | 18.9M shares outstanding |
19M | 95M |
| Nov 09, 2022 |
S-3 filing: Tscan Therapeutics files an S-3 registration statement to offer up to $250,000,000 in voting common stock, preferred stock, debt securities, warrants and/or units. |
19M | 95M |
| Aug 10, 2022 |
10-Q filing | 18.9M shares outstanding |
19M | 940K |
| May 12, 2022 |
10-Q filing | 18.9M shares outstanding |
19M | 940K |
| Mar 09, 2022 |
10-K filing | 24.0M shares outstanding |
24M | 940K |
| Nov 10, 2021 |
10-Q filing | 18.6M shares outstanding |
19M | 940K |
| Aug 19, 2021 |
10-Q filing | 18.8M shares outstanding |
19M | 940K |
| Jul 12, 2021 |
S-1/A filing: This S-1/A filing details a proposed offering of common stock, with an option for underwriters to purchase additional shares, and information regarding previous sales of Series B convertible preferred stock to various entities. |
N/A | 940K |
| May 14, 2021 |
S-1/A filing: This is an S-1/A filing for an initial public offering of common stock. It includes details regarding a Series B convertible preferred stock financing, and an option for underwriters to purchase additional shares. |
N/A | 0 |
| May 05, 2021 |
S-1/A filing: This is an S-1/A filing for common stock. Details include ranking, voting rights, dividends, and liquidation procedures for both Voting and Non-Voting Common Stock. |
N/A | 0 |
| Apr 30, 2021 |
S-1/A filing: S-1/A filing describing Series B Convertible Preferred Stock Financing |
N/A | 0 |
| Apr 23, 2021 |
S-1 filing: The filing details the issuance and sale of Series B convertible preferred stock in July, August and November 2019. |
N/A | 0 |