VinFast Auto Ltd. (VFS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 30, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1.73% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
2.3B
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

VFS currently has 2.31B outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.73% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 30, 2026

20-F filing | 2310.8M shares outstanding

2.3B 0
May 30, 2025

POS AM filing: This POS AM filing registers for resale up to 95,273,331 ordinary shares that may be issued to Yorkville under the Yorkville Subscription Agreement, with the company potentially receiving up to $1.0 billion in gross proceeds.

2.3B 0
Apr 28, 2025

20-F filing | 2299.0M shares outstanding

2.3B 0
Nov 20, 2024

POS AM filing: VinFast Auto Ltd. is filing a post-effective amendment to withdraw and remove from registration all of the unsold securities under the Registration Statement on Form F-1 (File No. 333-278293), which registered the offer and sale of up to 5,100,000 ordinary shares, none of which were sold.

2.3B 0
Nov 06, 2024

POS AM filing: This POS AM filing outlines several term loan facilities, including a $310,000,000, $200,000,000, $950,000,000 and $300,000,000 term loan, as well as up to $1.0 billion of ordinary shares available through a Yorkville Subscription Agreement.

2.3B 5.1M
Oct 21, 2024

POS AM filing: This filing discusses the redemption of warrants when the price per VinFast ordinary share equals or exceeds $18.00 or $10.00, and details an offering of 60,720,967 ordinary shares by selling securityholders, as well as 3,321,002 ordinary shares issuable upon exercise of warrants.

2.3B 5.1M
Apr 25, 2024

20-F filing | 2300.0M shares outstanding

2.3B 5.1M
Mar 29, 2024

POS AM filing: This POS AM filing relates to the offering of ordinary shares, potentially up to 95,273,331 shares, by the company through the Yorkville Subscription Agreement, with a potential for the company to receive up to $1.0 billion in gross proceeds.

2.3B 5.1M
Mar 28, 2024

F-1 filing: This F-1 filing outlines an offering of up to 5,100,000 ordinary shares issuable upon conversion of a Convertible Debenture, alongside existing term loan facilities.

2.3B 110M
Mar 20, 2024

POS AM filing: This POS AM filing discusses the potential redemption of warrants and the offering of ordinary shares by selling securityholders, as well as ordinary shares issuable upon exercise of warrants.

2.3B 100M
Oct 23, 2023

F-1 filing: This F-1 filing from 2023-10-23 discusses a loan facility and a proposed offering of ordinary shares by Yorkville under the Yorkville Subscription Agreement, with a potential aggregate gross proceeds of up to $1.0 billion.

2.3B 110M
Sep 12, 2023

F-1 filing: This is an F-1 filing detailing a proposed offering of ordinary shares by selling securityholders, along with information on existing loan facilities and financial data.

2.3B 11M
Dec 06, 2022

F-1 filing: This is an F-1 filing for VinFast Auto Ltd. indicating an intention to list ordinary shares on Nasdaq under the symbol VFS. The number of ordinary shares outstanding after this offering is based on 2,411,764,800 ordinary shares outstanding as of September 30, 2022.

2.4B 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime