Voyager Technologies, Inc./DE (VOYG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 05, 2026

Risk Assessment Details

Potential Dilution: 22.93% of current shares
Recent Dilution: 30.58% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
58M
Potential Supply
13M
Additional shares possible
Splits
None
Past 2 years

Summary

VOYG currently has 58.3M outstanding shares. with moderate dilution risk from 13.4M authorized shares representing 22.9% potential dilution. The company has significantly diluted shareholders by 30.58% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 05, 2026

10-Q filing | 58.3M shares outstanding

58M 13M
Nov 04, 2025

10-Q filing | 58.4M shares outstanding

58M 13M
Aug 05, 2025

10-Q filing | 53.2M shares outstanding

53M 13M
Jun 05, 2025

S-1/A filing: This S-1/A filing outlines the offering of Class A common stock by Voyager Technologies, Inc., including an underwriter option and directed share program, with the primary use of proceeds intended for strategic growth initiatives, potential mergers and acquisitions, and general corporate purposes.

44M 13M
Jun 02, 2025

S-1/A filing: This S-1/A filing outlines the offering of Class A common stock by Voyager Technologies, Inc., with the underwriters having an option to purchase additional shares, and details the company's plans for using the proceeds primarily for strategic growth initiatives, research and development, and potential mergers and acquisitions.

49M 13M
May 16, 2025

S-1 filing: This is an S-1 filing for Voyager Technologies, Inc. involving an offering of Class A common stock.

N/A 0
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