TORO CORP. (TORO) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
TORO currently has 21.5M outstanding shares. with significant dilution risk as 56M authorized shares could dilute existing holders by 260.7%. The company has diluted shareholders by 12.46% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 15, 2026 |
20-F filing | 21.5M shares outstanding |
21M | 56M |
| Apr 15, 2025 |
20-F filing | 19.1M shares outstanding |
19M | 58M |
| Mar 12, 2024 |
20-F filing | 19.0M shares outstanding |
19M | 58M |
| Nov 13, 2023 |
F-3 filing: TORO Corp. files an F-3 registration statement to offer up to $200,000,000 of common shares, preferred shares, debt securities, warrants, purchase contracts, rights or units. |
9.5M | 68M |
| Nov 13, 2023 |
F-3 filing: This F-3 filing pertains to the potential resale of up to 8,500,000 common shares by a selling shareholder, Pani Corp., controlled by the company's Chairman and CEO, Petros Panagiotidis. The shares were acquired in a private placement, and the registration statement facilitates their resale following a lockup period. |
19M | 58M |
| Mar 14, 2023 |
F-1 filing: The company is offering up to 10,121,457 Units on a best efforts basis, at an assumed public offering price of $4.94 per Unit. Each Unit consists of one Common Share and one Class A Warrant to purchase one Common Share. |
9.5M | 10M |
| Mar 08, 2023 |
20-F filing | 9.5M shares outstanding |
9.5M | 0 |