Score Breakdown
Offering Ability
40
Cash Runway
0
Float Risk
25
Warrant Exposure
15
Convertible Debt
40
Dilution Forecast
☀️
Clear
No significant dilution signals
model est. 9%
💰 Capital Raise
model 18%
• Active ATM program with $200M remaining capacity
Market Data
Market Cap$262.31M
Shares Outstanding59.23M
Float41.42M
Cash$74.52M
Debt$6.12M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 46.4% shares (2026Q1 vs prior)
26 institutional holders · 4.52M shares
#1
HSG Holding Ltd
1.34M shares
#2
BARCLAYS PLC
1.05M shares
#3
Exome Asset Management LLC
736.8K shares
+ 17 more holders Sign up free to view →
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest2.29M
Days to Cover11.4
% of Float5.5%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2025-12-31
xbrl
XBRL CONVERTIBLE
2021-12-31
424B5
ATM
2026-04-02
6-K
8K EVENT
2026-04-02
424B5
ATM
2026-04-02
Full SEC filing analysis available with free account →
Recent News
No recent news
Factual ADAG Dilution Snapshot
Adagene Inc. (ADAG) has a DilutionScore of 30/100, rated Medium dilution risk. Score date: August 28, 2026.
- Stored ATM program remaining capacity: $200.0M.
- Stored outstanding warrants: 1.0M.
- Recent SEC activity tracked for ADAG: 424B5 on 2026-04-02; 6-K on 2026-04-02; 424B5 on 2026-04-02.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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