Voyager Acquisition Corp./Cayman Islands (VACH) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
VACH currently has 25.3M outstanding shares. with significant dilution risk as 22M authorized shares could dilute existing holders by 87.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 20, 2026 |
10-Q filing | 25.3M shares outstanding |
25M | 22M |
| Mar 18, 2026 |
8-K filing: SPAC shareholders redeemed 25,217,315 Class A Ordinary Shares for a pro rata portion of the funds in the trust account. |
25M | 22M |
| Nov 14, 2025 |
10-Q filing | 25.3M shares outstanding |
25M | 22M |
| Aug 14, 2025 |
10-Q filing | 25.3M shares outstanding |
25M | 22M |
| May 15, 2025 |
10-Q filing | 25.3M shares outstanding |
25M | 22M |
| Mar 31, 2025 |
10-K filing | 25.3M shares outstanding |
25M | 22M |
| Nov 14, 2024 |
10-Q filing | 25.3M shares outstanding |
25M | 22M |
| Sep 24, 2024 |
10-Q filing | 31.6M shares outstanding |
32M | 22M |
| Aug 16, 2024 |
8-K filing: Voyager Acquisition Corp. consummated its initial public offering of 25,300,000 units at $10.00 per unit, generating gross proceeds of $253,000,000, and completed the private sale of 7,665,000 warrants at $1.00 per warrant, generating gross proceeds of $7,665,000. ($260.67M proceeds) |
N/A | 22M |
| Aug 14, 2024 |
8-K filing: Voyager Acquisition Corp. consummated its initial public offering of 25,300,000 units at $10.00 per Unit, generating gross proceeds of $253,000,000, and also completed the private sale of 5,037,500 private placement warrants to the Sponsor and 2,627,500 private placement warrants to the underwriters at $1.00 per warrant. ($260.67M proceeds) |
N/A | 22M |
| Jul 30, 2024 |
S-1/A filing: Voyager Acquisition Corp. is offering 22,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. |
N/A | 22M |
| Jul 12, 2024 |
S-1/A filing: Voyager Acquisition Corp. is offering 26,100,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant, in an initial public offering. |
N/A | 26M |
| Jun 18, 2024 |
S-1 filing: Voyager Acquisition Corp. is offering 26,100,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. |
N/A | 26M |