Enter the share count, each warrant series with its exercise price, any convertible notes and the dollars left on an at-the-money (ATM) program. The calculator adds up every share those instruments could create, shows how many warrants are in the money at a price you choose, and gives the fully diluted share count and percent dilution. A signed-in reader can load the share count and price for a ticker.
Used for the in-the-money test and to turn ATM dollars into shares. Optional.
Shares @ exercise price, for example 6,000,000 @ 4.00. Leave empty for none.
Dollars left to sell under an at-the-money program.
Warrant shares
28,000,000
In the money at the price
14,000,000
35% of shares outstanding
Convertible shares
0
ATM shares at the price
0
Potential new shares
28,000,000
Fully diluted shares
68,000,000
Percent dilution
70%
potential new shares ÷ shares outstanding
Existing holders after full dilution
58.8%
shares outstanding ÷ fully diluted shares
Signal8 lists the warrants, convertibles and offerings it has extracted from a company’s filings on its Dilution tab, for example AAPL dilution.
Hypothetical illustration of how the contract arithmetic works. It is not a forecast of any company’s share count or price, and it is not investment advice.
Free to use and link from your own guide or article. Copy the HTML below.
<a href="https://signal8.ai/learn/tools/dilution-overhang-calculator">Warrant and Dilution Overhang Calculator</a>
