38 /100
MEDIUM RISK
Score updated Apr 13, 2026

ADAG

Adagene Inc. — Stock Dilution 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.

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📊 Score Breakdown
📋 Offering Ability
60
💰 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
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💹 Market Data
Market Cap$251.08M
Shares Outstanding66.07M
Float41.62M
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 Interest71.2K
Days to Cover1.0
% of Float0.2%
FINRA data as of Mar 31, 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
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