Dilution profile // every instrument, one screen, from SEC filings

BridgeBio Pharma, Inc. (BBIO)

CIK 1743881 · all EDGAR filings →

Overall dilution risk
HIGHworst of 3 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGH$2489M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
one or more live registrations had no structured fee data, so the true total is AT LEAST this
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
LOW+12% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
MEDIUM~18.2 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2020-10-302026-08-03

Latest: 195.5M shares as of Aug 3, 2026 (10-Q).

Cash runway

Funded — but tight

~18 months of cash · watch

Full breakdown: cash runway tool · source filing →

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

NotePrincipalCarryingConv. priceRateIf converted
2029 Convertible Senior Notes$747.5M$747.5M$97.042.25%~7.7M sh
2033 Convertible Senior Notes$632.5M$632.5M$110.580.75%~5.7M sh
2031 Convertible Senior Notes$575.0M$575.0M$49.811.75%~11.5M sh
2027 Convertible Senior Notes$550.0M$550.0M$42.712.5%~12.9M sh

If every note above converted at its tagged price: ~37.8M new shares on 195.5M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.

Notes exactly as the company dimensioned them in its 10-Q filed Aug 10, 2026. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding195.5MAug 3, 2026
+ 2029 Convertible Senior Notes (if fully converted)7.7MJun 30, 2026
+ 2033 Convertible Senior Notes (if fully converted)5.7MJun 30, 2026
+ 2031 Convertible Senior Notes (if fully converted)11.5MJun 30, 2026
+ 2027 Convertible Senior Notes (if fully converted)12.9MJun 30, 2026
Fully diluted estimate233.3M+19.4% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Registered offering capacity on live registrations: $2489.2Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3ASRJul 24, 2026$1989.2M registeredfiling →
S-3ASRMay 8, 2026$500.0M registeredfiling →
S-3ASRNov 2, 2023no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 2 executed · 2 registered.

UPDATEAug 14, 2026Resale prospectus — existing holders registering to sell424B7
REGISTEREDJul 24, 2026Automatic shelf registration — effective immediately (large filers)S-3ASR
EXECUTEDJul 2, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDMay 8, 2026Automatic shelf registration — effective immediately (large filers)S-3ASR
EXECUTEDJan 21, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDFeb 28, 2025Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDMar 6, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDMar 4, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
REGISTEREDNov 2, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR
EXECUTEDSep 25, 2023Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDJul 26, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR
REGISTEREDMay 4, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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