Velocity Financial, Inc. (VEL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 01, 2025

Risk Assessment Details

Potential Dilution: 99.19% of current shares
Recent Dilution: 13.12% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
37M
Potential Supply
37M
Additional shares possible
Splits
None
Past 2 years

Summary

VEL currently has 36.8M outstanding shares. with significant dilution risk as 36.5M authorized shares could dilute existing holders by 99.2%. The company has diluted shareholders by 13.12% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 01, 2025

10-Q filing | 36.8M shares outstanding

37M 37M
Mar 12, 2025

10-K filing | 32.7M shares outstanding

33M 37M
Dec 10, 2024

S-3/A filing: The filing is for a shelf offering of common stock with an aggregate public offering price of up to $100,000,000.

33M 37M
Nov 27, 2024

S-3 filing: Velocity Financial, Inc. may offer and sell shares of its common stock with an aggregate public offering price of up to $100,000,000.

33M 37M
Nov 08, 2024

10-Q filing | 32.7M shares outstanding

33M 33M
Aug 02, 2024

10-Q filing | 32.6M shares outstanding

33M 33M
May 10, 2024

S-3/A filing: This S-3/A filing relates to the resale of up to 26,249,695 shares of common stock by selling securityholders of Velocity Financial, Inc.

33M 33M
May 03, 2024

10-Q filing | 32.5M shares outstanding

33M 33M
May 02, 2024

S-3 filing: This S-3 filing registers the resale of up to 26,249,695 shares of common stock by selling securityholders of Velocity Financial, Inc.

33M 33M
Mar 15, 2024

10-K filing | 32.2M shares outstanding

32M 7.3M
Nov 03, 2023

10-Q filing | 32.3M shares outstanding

32M 7.3M
Aug 04, 2023

10-Q filing | 32.1M shares outstanding

32M 7.3M
May 05, 2023

10-Q filing | 32.1M shares outstanding

32M 7.3M
Mar 13, 2023

10-K filing | 31.9M shares outstanding

32M 7.3M
Nov 04, 2022

10-Q filing | 31.9M shares outstanding

32M 7.3M
Aug 05, 2022

10-Q filing | 31.9M shares outstanding

32M 7.3M
May 06, 2022

10-Q filing | 31.9M shares outstanding

32M 7.3M
Mar 15, 2022

10-K filing | 34.0M shares outstanding

34M 7.3M
Nov 04, 2021

10-Q filing | 34.2M shares outstanding

34M 7.3M
Oct 08, 2021

8-K filing: On October 8, 2021, the company voluntarily converted 45,000 outstanding shares of Series A Convertible Preferred Stock into 11,688,310 shares of common stock, eliminating the Series A Convertible Preferred Stock and reclassifying the $90 million liquidation preference to permanent stockholders' equity.

20M 7.3M
Sep 01, 2021

S-3/A filing: Velocity Financial, Inc. may offer and sell from time to time shares of its common stock with an aggregate public offering price of up to $100,000,000.

20M 7.3M
Aug 20, 2021

S-3 filing: Velocity Financial, Inc. may offer and sell from time to time shares of its common stock with an aggregate public offering price of up to $100,000,000.

20M 7.3M
Aug 06, 2021

10-Q filing | 20.1M shares outstanding

20M 7.3M
May 07, 2021

10-Q filing | 20.1M shares outstanding

20M 7.3M
Mar 17, 2021

10-K filing | 20.1M shares outstanding

20M 7.3M
Nov 12, 2020

10-Q filing | 20.1M shares outstanding

20M 7.3M
Aug 13, 2020

10-Q filing | 20.1M shares outstanding

20M 7.3M
May 14, 2020

10-Q filing | 20.1M shares outstanding

20M 7.3M
Jan 06, 2020

S-1/A filing: Initial public offering of 7,250,000 shares of common stock with an expected price between $14.00 and $16.00 per share.

N/A 7.3M
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