26 /100
MEDIUM RISK
Score updated May 30, 2026

ADAG — Adagene Inc. Dilution Risk Tracker

Track ADAG dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track ADAG — Get alerts when the score changes →

📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
0
📊 Float Risk
22
⚠️ Warrant Exposure
15
🔄Convertible Debt

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
9%
💰 Capital Raise 18%
• Active ATM program with $200M remaining capacity
🔔 Track ADAG — Get forecast alerts →

💹 Market Data

Market Cap$262.31M
Shares Outstanding66.07M
Float41.42M
Cash$75.84M
Debt$6.26M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↓ 46.3% shares (2025Q4 vs prior)
17 institutional holders · 3.09M shares
#1 HSG Holding Ltd 1.34M shares
#2 Exome Asset Management LLC 1.06M shares
#3 Mill Creek Capital Advisors, LLC 199.6K shares
+ 14 more holders Sign up free to view →

📉 Short Interest

Short Interest814.3K
Days to Cover10.7
% of Float2.0%
FINRA data as of May 15, 2026

📁 Recent SEC Activity

xbrl XBRL WARRANT Dec 31, 2025
xbrl XBRL CONVERTIBLE Dec 31, 2021
424B5 ATM Apr 02, 2026
6-K 8K EVENT Apr 02, 2026
424B5 ATM Apr 02, 2026
Full SEC filing analysis available with free account

📰 Recent News

No recent news
Track ADAG Dilution Risk in Real-Time
Get instant alerts when SEC filings impact dilution risk. Free tier available.
Start Tracking ADAG — Free
Real-time SEC alerts DilutionScore™ tracking No credit card required
🔬 More Research for ADAG
📊 ADAG FDA Catalyst Timeline & Biotech Grade — BiotechSigns 📡 ADAG Signal Convergence & Dark Pool Activity — StonkWhisper

Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.