Vivani Medical, Inc. (VANI) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
VANI currently has 81.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 46.84% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 13, 2026 |
10-Q filing | 81.3M shares outstanding |
81M | 0 |
| Mar 26, 2026 |
10-K filing | 84.6M shares outstanding |
85M | 0 |
| Jan 27, 2026 |
8-K filing: Vivani Medical, Inc. entered into a share purchase agreement for a private placement of 1,351,351 shares of common stock with an entity affiliated with Gregg Williams and a placement agency agreement with ThinkEquity LLC for a registered direct offering of 1,689,200 shares of common stock. ($4.5M proceeds) |
73M | 0 |
| Nov 13, 2025 |
10-Q filing | 73.0M shares outstanding |
73M | 0 |
| Aug 13, 2025 |
10-Q filing | 59.2M shares outstanding |
59M | 0 |
| Aug 13, 2025 |
8-K filing: Vivani Medical, Inc. entered into a Share Purchase Agreement for the purchase of 7,936,507 shares of common stock at $1.26 per share, resulting in expected gross proceeds of approximately $10.0 million. ($10.0M proceeds) |
59M | 0 |
| May 13, 2025 |
8-K filing: Vivani Medical, Inc. entered into a Share Purchase Agreement with Gregg Williams for the purchase of 2,912,621 shares of common stock at $1.03 per share, resulting in gross proceeds of approximately $3.0 million. ($3.0M proceeds) |
59M | 0 |
| May 13, 2025 |
10-Q filing | 59.2M shares outstanding |
59M | 0 |
| Mar 31, 2025 |
10-K filing | 59.2M shares outstanding |
59M | 0 |
| Mar 27, 2025 |
8-K filing: Vivani Medical, Inc. entered into a Share Purchase Agreement to sell 7,366,071 shares of common stock at $1.12 per share to an entity beneficially owned by Gregg Williams, resulting in gross proceeds of approximately $8.25 million. ($8.25M proceeds) |
55M | 0 |
| Nov 13, 2024 |
10-Q filing | 55.2M shares outstanding |
55M | 0 |
| Aug 13, 2024 |
10-Q filing | 55.0M shares outstanding |
55M | 0 |
| May 13, 2024 |
10-Q filing | 52.2M shares outstanding |
52M | 1.2M |
| May 02, 2024 |
S-3/A filing: This is an S-3/A filing to register additional securities, indicating the registrant is a non-accelerated filer and a smaller reporting company. |
51M | 2.4M |
| Apr 22, 2024 |
S-3 filing: The company is filing an S-3 to offer and sell up to $300,000,000 in aggregate principal amount of common stock, preferred stock, debt securities, warrants or units from time to time. |
51M | 2.4M |
| Mar 26, 2024 |
10-K filing | 0.1M shares outstanding |
51K | 9.2M |
| Nov 13, 2023 |
10-Q filing | 51.0M shares outstanding |
51M | 0 |
| Aug 14, 2023 |
10-Q filing | 50.8M shares outstanding |
51M | 0 |
| May 15, 2023 |
10-Q filing | 50.8M shares outstanding |
51M | 0 |
| Mar 31, 2023 |
10-K filing | 50.7M shares outstanding |
51M | 0 |
| Nov 14, 2022 |
10-Q filing | 50.7M shares outstanding |
51M | 0 |
| Aug 12, 2022 |
10-Q filing | 39.4M shares outstanding |
39M | 0 |
| Aug 09, 2022 |
Stock Split
8-K filing: Stock split 1-for-3 | Outstanding: 39,409,176 → 13,136,391 |
13M | 0 |
| May 16, 2022 |
10-Q filing | 39.4M shares outstanding |
39M | 0 |
| Mar 29, 2022 |
10-K filing | 39.4M shares outstanding |
39M | 0 |
| Feb 08, 2022 |
8-K filing: Second Sight Medical Products, Inc. entered into a merger agreement with Nano Precision Medical, Inc. where Second Sight will issue approximately 134,349,464 shares of its common stock to Nano Precision Medical, Inc.'s security holders, representing approximately 77.32% of the total issued and outstanding shares of common stock of the Company on a fully converted basis. |
39M | 0 |
| Nov 12, 2021 |
10-Q filing | 39.4M shares outstanding |
39M | 0 |
| Aug 13, 2021 |
10-Q filing | 39.4M shares outstanding |
39M | 0 |
| Jun 28, 2021 |
8-K filing: Second Sight Medical Products announced the closing of an offering where it sold 11,500,000 shares of its common stock at a price of $5.00 per share for aggregate gross proceeds of $57.5 million. ($57.5M proceeds) |
28M | 0 |
| Jun 23, 2021 |
8-K filing: Second Sight Medical Products, Inc. announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $5.00 per share, expecting to close on June 25, 2021. ($50.0M proceeds) |
28M | 0 |
| Jun 08, 2021 |
S-3 filing: The filing is for a shelf offering of common stock, preferred stock, debt securities, warrants, and units up to an aggregate amount of $250,000,000. |
28M | 0 |
| May 13, 2021 |
10-Q filing | 27.9M shares outstanding |
28M | 0 |
| Apr 16, 2021 |
S-3 filing: This S-3 filing registers 4,650,000 shares of common stock for resale by selling shareholders, with a proposed maximum aggregate offering price of $38,060,250 based on a price of $8.185 per share. |
23M | 4.7M |
| Mar 16, 2021 |
10-K filing | 23.3M shares outstanding |
23M | 0 |
| Jan 06, 2021 |
8-K filing: Second Sight Medical Products, Inc. entered into a Memorandum of Understanding with Pixium Vision, where Pixium will contribute certain assets in exchange for 34,876,043 newly issued common stock of Second Sight, representing approximately 60% of the share capital and voting rights of Second Sight, subject to the completion of a Fund Raising by Second Sight. |
23M | 0 |
| Nov 12, 2020 |
10-Q filing | 23.1M shares outstanding |
23M | 0 |
| Aug 13, 2020 |
10-Q filing | 23.1M shares outstanding |
23M | 0 |
| Jun 26, 2020 |
10-Q filing | 23.1M shares outstanding |
23M | 0 |
| Mar 19, 2020 |
10-K filing | 15.7M shares outstanding |
16M | 0 |