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

Greenland Technologies Holding Corp. (GTEC)

CIK 1735041 · all EDGAR filings →

Overall dilution risk
HIGHworst of 4 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
Offering ability
HIGH$212M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
Overhead supply
MEDIUMwarrants = 22% of O/S
= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)
warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this
Historical dilution
MEDIUM+58% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
LOWoperating cash flow positive
= 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

2020-08-142026-05-13

Latest: 20.5M shares as of May 13, 2026 (10-Q).

Cash runway

Self-funding

profitable · generates cash

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Warrant4.5M$1.2FV $0
January2026 Warrantnot tagged$1.2

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 14, 2026. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 4.5M underlying shares, as reported Jun 30, 2026 (10-Q).

Reported exercise price: $0.01 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $18,900 as of Jun 30, 2026.

Rough fully diluted estimate: 25.1M = 20.5M O/S + 4.5M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Aug 14, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are 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 outstanding20.5MMay 13, 2026
+ Warrant (if exercised)4.5MJul 27, 2022
Fully diluted estimate25.1M+22.1% 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: $211.7Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3Mar 27, 2026$200.0M registeredfiling →
S-1Dec 23, 2025$11.7M registeredfiling →

Last 12 months: 1 executed · 3 registered.

EFFECTIVEApr 2, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDMar 27, 2026S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDJan 29, 2026Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4
EFFECTIVEJan 26, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJan 14, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDDec 23, 2025S-1 registration — capacity to sell shares, not a sale yetS-1
WITHDRAWNJun 1, 2023Registration withdrawnRW
REGISTEREDAug 26, 2022S-1 registration — capacity to sell shares, not a sale yetS-1
EXECUTEDJul 27, 2022Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDJul 27, 2022Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDDec 30, 2021S-3/A registration — capacity to sell shares, not a sale yetS-3/A
EXECUTEDDec 30, 2021Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5

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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