GeneDx Holdings Corp. (WGS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 04, 2026

Risk Assessment Details

Potential Dilution: 18.8% of current shares
Recent Dilution: 10.64% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
29M
Potential Supply
5.5M
Additional shares possible
Splits
None
Past 2 years

Summary

WGS currently has 29.3M outstanding shares. with limited dilution risk as only 5.51M additional shares (18.8%) are authorized for issuance. The company has diluted shareholders by 10.64% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 04, 2026

10-Q filing | 29.3M shares outstanding

29M 5.5M
Oct 28, 2025

10-Q filing | 28.8M shares outstanding

29M 5.5M
Sep 05, 2025

POS AM filing: This is a deregistration of unsold securities from a previous offering. The registrant is removing $74,935,250 of unsold securities from a registration statement filed on August 26, 2022.

28M 5.5M
Apr 30, 2025

10-Q filing | 28.1M shares outstanding

28M 5.5M
Feb 20, 2025

10-K filing | 26.9M shares outstanding

27M 5.5M
Oct 29, 2024

10-Q filing | 27.1M shares outstanding

27M 5.5M
Jul 30, 2024

10-Q filing | 26.6M shares outstanding

27M 5.5M
Apr 29, 2024

10-Q filing | 26.1M shares outstanding

26M 5.5M
Feb 23, 2024

10-K filing | 24.3M shares outstanding

24M 5.5M
Nov 03, 2023

10-Q filing | 25.8M shares outstanding

26M 5.5M
Oct 30, 2023

8-K filing: GeneDx Holdings Corp. entered into a Credit Agreement with Perceptive, issuing a warrant to purchase up to 1,200,000 shares of its Class A common stock, with an initial tranche of 800,000 shares vested at an exercise price of $3.1752 per share.

25M 5.5M
Aug 08, 2023

10-Q filing | 25.4M shares outstanding

25M 5.5M
May 09, 2023

10-Q filing | 25.6M shares outstanding

26M 5.5M
May 04, 2023
Stock Split

8-K filing: Stock split 1-for-33 | Outstanding: 798,247,286 → 24,186,892

24M 5.5M
Mar 16, 2023

10-K filing | 798.2M shares outstanding

800M 180M
Jan 30, 2023

8-K filing: GeneDx Holdings Corp. entered into agreements for offerings of 428,571,429 shares of Class A common stock at $0.35 per share through an underwritten public offering and a registered direct offering.

380M 180M
Nov 14, 2022

10-Q filing | 380.8M shares outstanding

380M 180M
Aug 26, 2022

S-3 filing: The company has filed a shelf registration statement on Form S-3 to offer Class A common stock, preferred stock, debt securities, warrants, subscription rights and/or units for up to a total dollar amount of $300,000,000.

380M 180M
Aug 26, 2022

S-3 filing: This is an S-3 filing for a shelf offering of Class A common stock and warrants by Selling Securityholders.

380M 180M
Aug 15, 2022

10-Q filing | 380.6M shares outstanding

380M 180M
May 12, 2022

10-Q filing | 377.2M shares outstanding

380M 180M
May 03, 2022

S-1 filing: This S-1 filing relates to the offer and sale of up to 160,864,198 shares of Class A common stock by selling stockholders.

240M 180M
May 02, 2022

8-K filing: Completion of acquisition of GeneDx business through merger, issuance of 80 million shares of Class A common stock to OPKO as part of the merger consideration, and concurrent private placement of 50 million shares of Class A common stock to institutional investors at $4.00 per share. ($200.0M proceeds)

240M 21M
Mar 21, 2022

POS AM filing: This is a prospectus for the offer and sale of common stock and warrants by selling securityholders.

240M 21M
Mar 14, 2022

10-K filing | 245.0M shares outstanding

240M 290M
Jan 18, 2022

8-K filing: Sema4 will acquire GeneDx through a merger, issuing 80 million shares of its Class A common stock to OPKO as part of the consideration, and also sell 50 million shares of Class A common stock to PIPE Investors at $4.00 per share for $200 million. ($200.0M proceeds)

240M 290M
Nov 15, 2021

10-Q filing | 241.3M shares outstanding

240M 290M
Aug 04, 2021

S-1 filing: This S-1 filing registers the offer and sale of Class A common stock and warrants by selling securityholders and the registrant, including shares issuable upon exercise of warrants.

44M 290M
Jul 21, 2021

10-Q filing | 44.3M shares outstanding

44M 21M
May 24, 2021

10-Q filing | 44.3M shares outstanding

44M 21M
Mar 30, 2021

10-K filing | 44.3M shares outstanding

44M 21M
Feb 11, 2021

8-K filing: CM Life Sciences, Inc. (CMLS) entered into a Merger Agreement with Mount Sinai Genomics, Inc., d/b/a Sema4, to acquire Sema4 through a merger, with CMLS changing its name to a name determined by Sema4. ($350.0M proceeds)

44M 21M
Nov 16, 2020

10-Q filing | 44.3M shares outstanding

44M 21M
Sep 04, 2020

8-K filing: CM Life Sciences, Inc. consummated its IPO of 44,275,000 units at $10.00 per unit, generating gross proceeds of $442,750,000, and completed a private sale of 7,236,667 warrants at $1.50 per warrant, generating gross proceeds of $10,855,000. ($453.61M proceeds)

10M 21M
Aug 27, 2020

S-1/A filing: The company is engaged in an initial public offering of units, each comprised of one share of Class A common stock and one-third of one Public Warrant.

10M 21M
Aug 24, 2020

S-1/A filing: This is an S-1/A filing for an initial public offering of units, each consisting of one share of Class A common stock and one-third of one redeemable warrant, with a total proposed amount of $350,000,000. The company is a blank check company focusing on the life sciences sector.

10M 63M
Aug 14, 2020

S-1 filing: CM Life Sciences, Inc. is offering 35,000,000 units at $10.00 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant.

10M 63M
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