Verastem, Inc. (VSTM) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
VSTM currently has 87.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 154.55% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 87.9M shares outstanding |
88M | 0 |
| Nov 17, 2025 |
8-K filing: Verastem, Inc. completed a public offering involving the issuance and sale of 8,543,794 shares of common stock, pre-funded warrants to purchase up to 3,870,000 shares of common stock, and an additional 1,862,069 shares of common stock upon the exercise of the underwriter's option, at a price of $7.25 per share and $7.2499 per pre-funded warrant, resulting in net proceeds of approximately $96.9 million. |
73M | 0 |
| Nov 04, 2025 |
10-Q filing | 73.2M shares outstanding |
73M | 0 |
| Aug 12, 2025 |
S-3/A filing: The company is filing an S-3/A to register the offer and sale of common stock with an aggregate offering price of up to $100,000,000 through an "at-the-market" offering, along with shelf registration of common stock, preferred stock, warrants, and debt securities up to $300,000,000. |
62M | 0 |
| Aug 07, 2025 |
10-Q filing | 66.1M shares outstanding |
66M | 0 |
| May 13, 2025 |
10-Q filing | 54.2M shares outstanding |
54M | 0 |
| May 13, 2025 |
S-3 filing: This is an S-3 filing to register the resale of common stock and common stock issuable upon the exercise of pre-funded warrants by selling stockholders. |
45M | 0 |
| Apr 25, 2025 |
8-K filing: Verastem, Inc. entered into a Securities Purchase Agreement to sell 3,429,287 shares of common stock at $7.00 per share and pre-funded warrants to purchase 7,285,713 shares at $6.9999 per warrant in a private placement expected to close on April 28, 2025, with gross proceeds of approximately $75 million. ($75.0M proceeds) |
45M | 0 |
| Mar 20, 2025 |
S-3 filing: This S-3 filing registers up to 1,416,939 shares of common stock for resale by selling stockholders. |
40M | 0 |
| Mar 20, 2025 |
10-K filing | 44.8M shares outstanding |
45M | 0 |
| Jan 13, 2025 |
8-K filing: Verastem, Inc. sold 1,416,939 shares of its common stock to Oberland Funds and affiliates at a price of $5.2931 per share on January 13, 2025. |
40M | 0 |
| Nov 06, 2024 |
10-Q filing | 40.3M shares outstanding |
40M | 0 |
| Aug 08, 2024 |
10-Q filing | 26.9M shares outstanding |
27M | 0 |
| Jul 25, 2024 |
8-K filing: Verastem, Inc. announced an underwritten offering of 13,333,334 shares of common stock and accompanying warrants, as well as pre-funded warrants to purchase up to 5,000,000 shares of common stock and accompanying warrants, with expected net proceeds of approximately $51.1 million. |
27M | 0 |
| May 09, 2024 |
10-Q filing | 26.8M shares outstanding |
27M | 0 |
| Mar 14, 2024 |
10-K filing | 25.3M shares outstanding |
25M | 0 |
| Nov 08, 2023 |
10-Q filing | 26.8M shares outstanding |
27M | 0 |
| Nov 08, 2023 |
S-3 filing: The company intends to offer and sell, from time to time, any combination of common stock, preferred stock, warrants, and debt securities up to $300,000,000 in the aggregate. |
25M | 0 |
| Aug 08, 2023 |
10-Q filing | 25.2M shares outstanding |
25M | 0 |
| Jun 21, 2023 |
8-K filing: Verastem, Inc. completed an underwritten offering of 7,181,409 shares of common stock at $9.75 per share and pre-funded warrants to purchase 1,538,591 shares at $9.749 per warrant. The underwriters exercised their option to purchase an additional 1,308,000 shares. |
17M | 3.8M |
| May 31, 2023 |
Stock Split
8-K filing: Stock split 1-for-12 | Outstanding: 200,679,000 → 16,716,560 |
17M | 3.8M |
| May 09, 2023 |
10-Q filing | 200.7M shares outstanding |
200M | 45M |
| Apr 18, 2023 |
S-3/A filing: This S-3/A filing relates to the resale or disposition of 1,200,000 shares of Series B convertible preferred stock and up to 50,838,840 shares of common stock upon conversion of the Series B preferred stock by selling stockholders. |
190M | 52M |
| Mar 23, 2023 |
S-3 filing: This is an S-3 filing for the resale or other disposition of up to 2,144,160 shares of Series B convertible preferred stock and up to 90,838,839 shares of common stock upon conversion of Series B Preferred Stock by selling stockholders. |
190M | 92M |
| Mar 14, 2023 |
10-K filing | 193.7M shares outstanding |
190M | 1.3M |
| Jan 25, 2023 |
8-K filing: Verastem, Inc. entered into a Securities Purchase Agreement to sell and issue up to 2,144,160 shares of Series B convertible preferred stock in a private placement in two tranches, with the first tranche closing on January 27, 2023, and the second tranche dependent on certain market conditions. ($60.0M proceeds) |
200M | 0 |
| Nov 07, 2022 |
8-K filing: Verastem, Inc. exchanged 10,000,000 shares of common stock for 1,000,000 shares of newly designated Series A convertible preferred stock with Biotechnology Value Fund, L.P., Biotechnology Value Fund II, L.P., Biotechnology Value Trading Fund OS LP and MSI BVF SPV, LLC on November 4, 2022. Following the Exchange, the Company will have 200,090,850 shares of Common Stock outstanding and 1,000,000 shares of Preferred Stock outstanding, which are convertible into 10,000,000 shares of Common Stock. |
200M | 0 |
| Nov 03, 2022 |
10-Q filing | 197.2M shares outstanding |
200M | 0 |
| Aug 08, 2022 |
10-Q filing | 186.5M shares outstanding |
190M | 8.5M |
| May 09, 2022 |
10-Q filing | 186.3M shares outstanding |
190M | 8.7M |
| Mar 28, 2022 |
10-K filing | 174.4M shares outstanding |
170M | 21M |
| Nov 04, 2021 |
10-Q filing | 179.9M shares outstanding |
180M | 15M |
| Aug 02, 2021 |
10-Q filing | 172.1M shares outstanding |
170M | 23M |
| May 11, 2021 |
10-Q filing | 171.7M shares outstanding |
170M | 23M |
| Mar 18, 2021 |
10-K filing | 170.5M shares outstanding |
170M | 24M |
| Nov 09, 2020 |
10-Q filing | 80.1M shares outstanding |
80M | 110M |
| Aug 10, 2020 |
10-Q filing | 80.1M shares outstanding |
80M | 110M |
| May 07, 2020 |
10-Q filing | 162.5M shares outstanding |
160M | 32M |
| Apr 14, 2020 |
S-3/A filing: This S-3/A filing relates to the resale or other disposition from time to time of up to 46,511,628 shares of common stock by the selling stockholders. |
150M | 47M |
| Mar 23, 2020 |
S-3 filing: This S-3 filing relates to the resale of up to 46,511,628 shares of common stock by selling stockholders. |
150M | 47M |
| Mar 11, 2020 |
10-K filing | 148.4M shares outstanding |
150M | 0 |