Zeo Energy Corp. (ZEO) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ZEO currently has 33.4M outstanding shares. with significant dilution risk as 81.7M authorized shares could dilute existing holders by 244.9%. The company has significantly diluted shareholders by 699.13% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
10-Q filing | 33.4M shares outstanding |
33M | 82M |
| Nov 14, 2025 |
10-Q filing | 33.1M shares outstanding |
33M | 82M |
| Oct 28, 2025 |
S-1 filing: This is an S-1 filing for Zeo Energy Corp. regarding the offering of Class A Common Stock by selling securityholders. |
31M | 82M |
| Aug 19, 2025 |
8-K filing: Zeo Energy Corp. will issue 677,711 shares of Class A common stock to Piper Sandler & Co. as part of the Heliogen Buyside Advisory Fee, with 338,855 of the shares subject to a lock-up until September 22, 2025, and will pay $1.6875 million in cash. The company also agreed to register the Zeo Shares for resale on or before September 7, 2025. |
23M | 31M |
| Jun 16, 2025 |
10-Q filing | 22.8M shares outstanding |
23M | 31M |
| May 28, 2025 |
10-K filing | 22.8M shares outstanding |
23M | 31M |
| Feb 07, 2025 |
POS AM filing: This is a POS AM filing for the issuance of Class A Common Stock upon warrant exercise and resale of Class A Common Stock by selling securityholders. |
14M | 31M |
| Jan 23, 2025 |
10-Q filing | 14.0M shares outstanding |
14M | 31M |
| Oct 31, 2024 |
8-K filing: Zeo Energy Corp. entered into an Asset Purchase Agreement to acquire certain assets of Lumio Holdings, Inc. and Lumio HX, Inc. for $4 million in cash and 6,206,897 shares of Class A Common Stock and entered into a Subscription Agreement with LHX, where LHX agreed to purchase 1,873,103 shares of Common Stock at $1.45 per share. ($2.72M proceeds) |
40M | 31M |
| Sep 27, 2024 |
POS AM filing: This POS AM filing from 2024-09-27 relates to the issuance of 13,800,000 shares of Class A Common Stock upon exercise of warrants and the resale of up to 40,118,434 shares of Class A Common Stock by selling securityholders. |
40M | 31M |
| Aug 19, 2024 |
10-Q filing | 5.8M shares outstanding |
5.8M | 85M |
| May 23, 2024 |
S-1/A filing: This S-1/A filing relates to the issuance of 13,800,000 shares of Class A Common Stock upon exercise of warrants and the resale of up to 40,118,434 shares of Class A Common Stock by selling securityholders. |
5.8M | 85M |
| May 16, 2024 |
10-Q filing | 5.8M shares outstanding |
5.8M | 85M |
| Apr 17, 2024 |
S-1 filing: This S-1 filing includes the registration of 13,800,000 shares of Class A Common Stock issuable upon the exercise of warrants and 40,118,434 shares of Class A Common Stock for resale by selling securityholders. |
5M | 85M |
| Mar 25, 2024 |
10-K filing | 5.0M shares outstanding |
5M | 31M |
| Mar 20, 2024 |
8-K filing: Zeo entered into several agreements, including an Amended and Restated Registration Rights Agreement, an OpCo A&R LLC Agreement, a Lock-Up Agreement, a Tax Receivable Agreement, and Indemnification Agreements, and issued shares of Zeo Class V Common Stock. |
7M | 31M |
| Nov 14, 2023 |
10-Q filing | 7.0M shares outstanding |
7M | 31M |
| Aug 14, 2023 |
10-Q filing | 2.9M shares outstanding |
2.9M | 31M |
| May 15, 2023 |
10-Q filing | 2.9M shares outstanding |
2.9M | 31M |
| Mar 31, 2023 |
10-K filing | 2.9M shares outstanding |
2.9M | 31M |
| Nov 10, 2022 |
10-Q filing | 27.6M shares outstanding |
28M | 31M |
| Aug 12, 2022 |
10-Q filing | 27.6M shares outstanding |
28M | 31M |
| May 12, 2022 |
10-Q filing | 27.6M shares outstanding |
28M | 31M |
| Apr 01, 2022 |
10-K filing | 7.5M shares outstanding |
7.5M | 31M |
| Dec 03, 2021 |
10-Q filing | 5.8M shares outstanding |
5.8M | 31M |
| Oct 28, 2021 |
8-K filing: ESGEN Acquisition Corporation consummated an initial public offering of 27,600,000 units at $10.00 per Unit and a private placement of 14,040,000 private placement warrants at $1.00 per warrant. ($290.04M proceeds) |
5.8M | 31M |
| Sep 28, 2021 |
S-1 filing: ESGEN Acquisition Corporation is a blank check company formed for the purpose of effecting a business combination, offering 20,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. |
5.8M | 31M |