Zevia PBC (ZVIA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 82.3% of current shares
Recent Dilution: 16.79% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
68M
Potential Supply
56M
Additional shares possible
Splits
None
Past 2 years

Summary

ZVIA currently has 68.2M outstanding shares. with significant dilution risk as 56.1M authorized shares could dilute existing holders by 82.3%. The company has diluted shareholders by 16.79% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 68.2M shares outstanding

68M 56M
Nov 05, 2025

10-Q filing | 67.3M shares outstanding

67M 56M
Aug 06, 2025

10-Q filing | 66.3M shares outstanding

66M 56M
May 28, 2025

S-3/A filing: This S-3/A filing relates to a proposed offering of up to $50,000,000 in the aggregate of Class A Common Stock, Preferred Stock, Debt Securities, Warrants, and Units offered by Zevia PBC, and the offer and resale from time to time by CDP Investissements Inc. of up to 22,022,092 shares of Class A common stock.

63M 56M
May 23, 2025

S-3/A filing: Zevia PBC files an S-3/A registration statement to offer and sell up to $50,000,000 in the aggregate of Class A Common Stock, Preferred Stock, Debt Securities, Warrants, and Units, as well as 22,022,092 shares of Class A common stock offered by the Selling Securityholder.

63M 56M
May 07, 2025

10-Q filing | 63.0M shares outstanding

63M 32M
Feb 26, 2025

S-3 filing: The filing is for a shelf offering of up to $50,000,000 in the aggregate of Class A common stock, preferred stock, and debt securities.

59M 32M
Feb 26, 2025

10-K filing | 58.7M shares outstanding

59M 32M
Nov 06, 2024

10-Q filing | 59.5M shares outstanding

59M 16M
Aug 07, 2024

10-Q filing | 58.7M shares outstanding

59M 16M
May 08, 2024

10-Q filing | 55.9M shares outstanding

56M 16M
Mar 06, 2024

10-K filing | 50.6M shares outstanding

51M 16M
Nov 07, 2023

10-Q filing | 50.8M shares outstanding

51M 16M
Aug 08, 2023

10-Q filing | 50.1M shares outstanding

50M 16M
May 09, 2023

10-Q filing | 49.4M shares outstanding

49M 16M
Mar 10, 2023

10-K filing | 48.6M shares outstanding

49M 16M
Nov 10, 2022

10-Q filing | 44.1M shares outstanding

44M 16M
Aug 11, 2022

10-Q filing | 40.2M shares outstanding

40M 16M
May 12, 2022

10-Q filing | 36.9M shares outstanding

37M 16M
Mar 11, 2022

10-K filing | 34.5M shares outstanding

34M 16M
Nov 12, 2021

10-Q filing | 34.4M shares outstanding

34M 16M
Aug 13, 2021

10-Q filing | 34.4M shares outstanding

34M 16M
Jul 13, 2021

S-1/A filing: Zevia PBC is offering 14,300,000 shares of its Class A common stock in an initial public offering, with an expected price between $13.00 and $15.00 per share. Underwriters may also exercise an option to purchase up to an additional 2,145,000 shares of Class A common stock.

N/A 16M
Jul 12, 2021

S-1/A filing: Zevia PBC is offering 14,300,000 shares of its Class A common stock in its initial public offering. The expected public offering price is between $13.00 and $15.00 per share.

N/A 16M
Jun 25, 2021

S-1 filing: Zevia PBC is offering shares of its Class A common stock in an initial public offering. The company expects its shares to trade on the New York Stock Exchange under the symbol ZVIA.

N/A 0
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