Verde Clean Fuels, Inc. (VGAS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
VGAS currently has 22M outstanding shares. with significant dilution risk as 30.4M authorized shares could dilute existing holders by 137.8%. The company has significantly diluted shareholders by 130.9% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 14, 2025 |
10-Q filing | 22.0M shares outstanding |
22M | 30M |
| Aug 13, 2025 |
10-Q filing | 22.0M shares outstanding |
22M | 30M |
| May 14, 2025 |
10-Q filing | 22.0M shares outstanding |
22M | 30M |
| Mar 28, 2025 |
10-K filing | 22.0M shares outstanding |
22M | 30M |
| Dec 19, 2024 |
8-K filing: Verde Clean Fuels, Inc. entered into a Class A Common Stock Purchase Agreement with Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy, Inc., to issue and sell 12,500,000 shares of Class A common stock at $4.00 per share for an aggregate purchase price of $50,000,000 in a private placement. ($50.0M proceeds) |
9.5M | 30M |
| Nov 13, 2024 |
10-Q filing | 9.5M shares outstanding |
9.5M | 30M |
| Aug 13, 2024 |
10-Q filing | 9.5M shares outstanding |
9.5M | 30M |
| Jul 15, 2024 |
POS AM filing: This prospectus relates to the issuance by us of up to 15,383,263 shares of Class A common stock, and the offer and sale from time to time by the selling securityholders named in this prospectus of up to 31,175,284 shares of Class A Common Stock and up to 1,879,257 Private Placement Warrants. |
9.5M | 30M |
| Jul 15, 2024 |
POS AM filing: This prospectus relates to the resale of up to 31,175,284 shares of Class A common stock, up to 15,383,263 shares of Class A common stock issuable upon exercise of warrants, and up to 1,879,257 warrants to purchase common stock by the selling securityholders. |
9.5M | 30M |
| Jun 28, 2024 |
POS AM filing: This is a post-effective amendment to convert the registration statement on Form S-1 into a registration statement on Form S-3, registering the resale of up to 31,175,284 shares of Class A Common Stock and up to 1,879,257 warrants to purchase common stock, as well as the issuance of up to 15,383,263 shares of Class A Common Stock issuable upon exercise of warrants. |
9.5M | 30M |
| May 14, 2024 |
10-Q filing | 9.4M shares outstanding |
9.4M | 30M |
| Mar 28, 2024 |
10-K filing | 9.4M shares outstanding |
9.4M | 30M |
| Nov 13, 2023 |
10-Q filing | 9.4M shares outstanding |
9.4M | 30M |
| Aug 14, 2023 |
10-Q filing | 9.4M shares outstanding |
9.4M | 30M |
| May 16, 2023 |
10-Q filing | 9.4M shares outstanding |
9.4M | 30M |
| Mar 31, 2023 |
10-K filing | 9.4M shares outstanding |
9.4M | 30M |
| Feb 14, 2023 |
8-K filing: CENAQ and Arb Clean Fuels terminated the Arb Subscription Agreement due to the Arb Investors purchasing shares of Class A Common Stock in an amount equal to or greater than $14,250,000, and CENAQ and an Original PIPE Investor terminated their subscription agreement due to the Terminating PIPE Investor purchasing 387,973 shares at the Per Share Redemption Price and for an aggregate amount of approximately $4,000,000 from CENAQ's redeeming stockholders; additionally CENAQ entered into subscription agreements with new investors to sell 2,400,000 shares of Class A Common Stock at $10.00 per share. ($24.0M proceeds) |
21M | 30M |
| Nov 21, 2022 |
10-Q filing | 20.9M shares outstanding |
21M | 30M |
| Aug 26, 2022 |
10-Q filing | 17.3M shares outstanding |
17M | 30M |
| May 12, 2022 |
10-Q filing | 17.4M shares outstanding |
17M | 30M |
| Mar 30, 2022 |
10-K filing | 17.4M shares outstanding |
17M | 30M |
| Nov 24, 2021 |
10-Q filing | 17.4M shares outstanding |
17M | 30M |
| Sep 29, 2021 |
10-Q filing | 17.4M shares outstanding |
17M | 30M |
| Aug 23, 2021 |
8-K filing: CENAQ Energy Corp. consummated its initial public offering of 15,000,000 units at $10.00 per unit, generating gross proceeds of $150,000,000, and completed a private sale of 6,000,000 warrants at $1.00 per warrant, generating gross proceeds of $6,000,000. ($179.18M proceeds) |
4.3M | 30M |
| Aug 17, 2021 |
8-K filing: CENAQ Energy Corp. completed a private sale of 6,000,000 warrants to the Sponsor and the Underwriters at $1.00 per warrant, simultaneously with the closing of the IPO. ($6.0M proceeds) |
4.3M | 30M |
| Aug 06, 2021 |
S-1/A filing: This S-1/A filing registers shares of Class A common stock and redeemable warrants included as part of units, as well as representative shares. |
4.3M | 30M |
| Jun 21, 2021 |
S-1/A filing: This S-1/A filing registers shares of Class A common stock, redeemable warrants, and representative shares for an initial business combination, with the possibility of extending the business combination period. |
4.3M | 24M |
| Mar 16, 2021 |
S-1/A filing: The filing registers shares of Class A common stock and redeemable warrants as part of units, including an over-allotment option. The proceeds will be deposited into a trust account for a business combination, with a portion for fees and working capital. |
N/A | 26M |
| Mar 01, 2021 |
S-1 filing: The filing is an S-1 registration statement including shares of Class A common stock and redeemable warrants as part of units, with an over-allotment option for the underwriters. |
N/A | 26M |