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

UWM Holdings Corp (UWMC)

CIK 1783398 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 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
HIGHS-3ASR on file 2026-08-05
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
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
NOT COMPUTEDunder 3 years of share history on file
= share count now vs 3 years ago
Cash need
HIGH~2.3 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

Fewer than two cover-page share counts on file, so there is no history to chart.

Cash runway

~2 months of cash left

critical · burning $661.9M / quarter

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Class A Common Stock Warrants At2.00150.0M$2
Class A Common Stock Warrants At6.00150.0M$6

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 7, 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.

Balance-sheet fair value of warrants: $0 as of Dec 31, 2025.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Aug 7, 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 outstanding103.1MMar 18, 2021
+ Class A Common Stock Warrants At2.00 (if exercised)150.0MAug 5, 2026
+ Class A Common Stock Warrants At6.00 (if exercised)150.0MAug 5, 2026
Fully diluted estimate403.1M+291.0% 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

S-3ASRAug 5, 2026fee exhibit found but no total offering amount (fees deferred, typical for automatic shelves)filing →

Last 12 months: 1 executed · 1 registered.

EXECUTEDAug 6, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDAug 5, 2026Automatic shelf registration — effective immediately (large filers)S-3ASR
UPDATEFeb 12, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEFeb 9, 2026SEC declared a registration effective — selling can beginEFFECT
EFFECTIVEJun 30, 2022SEC declared a registration effective — selling can beginEFFECT
EFFECTIVEMay 31, 2022SEC declared a registration effective — selling can beginEFFECT
UPDATEMar 1, 2022Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATENov 30, 2021Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATENov 30, 2021Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVENov 23, 2021SEC declared a registration effective — selling can beginEFFECT
REGISTEREDNov 19, 2021S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDNov 16, 2021S-1 registration — capacity to sell shares, not a sale yetS-1

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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