What is BLUW's dilution risk score?

BLUW has a latest available DilutionScore record of 65/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for BLUW, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for BLUW?

DilutionWatch tracks 25 SEC filing types for BLUW including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect BLUW shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For BLUW, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for BLUW tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for BLUW. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

BLUW Dilution Risk Score: 65/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 48%

📜 Warrant Exercise model 60%

• Massive warrant overhang: 50% of shares outstanding

• Warrant risk score very high (90/100)

💰 Capital Raise model 55%

• Critical: only 0.4 months cash remaining

📉 Score Deterioration model 10%

• Score in HIGH risk zone (65/100)

🔔 Track BLUW — Get forecast alerts →

Market Data

Market Cap$331.80M

Shares Outstanding25.98M

Float20.92M

Cash$32.6K

Debt$242.4K

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	65/100	DilutionWatch score record
Shares Outstanding	25.98M	Verified float table or market cache
Public Float	20.92M	Verified float table or market cache
Market Cap	$331.80M	Market data cache
Cash Runway	0.4 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	12.99M	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 6.

Recent SEC source mix: 4 1, 8-K 1, FORM 4 2, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 6.0% shares (2026Q1 vs prior)

58 institutional holders · 26.54M shares

#1 Anson Funds Management LP 4.97M shares

#2 Harraden Circle Investments, LLC 1.62M shares

#3 Magnetar Financial LLC 1.50M 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 Interest1.6K

Days to Cover1.0

% of Float0.0%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-12

xbrl XBRL CONVERTIBLE 2026-08-12

Form 4 INSIDER TRANSACTION 2026-08-11

4 INSIDER TRANSACTION 2026-02-17

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual BLUW Dilution Snapshot

Blue Water Acquisition Corp. III (BLUW) has a DilutionScore of 65/100, rated High dilution risk. Score date: October 13, 2026.

Stored outstanding warrants: 13.0M.
Recent SEC activity tracked for BLUW: xbrl on 2026-08-12; xbrl on 2026-08-12; Form 4 on 2026-08-11.

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.

DilutionScore History — Last 90 Days

BLUW's DilutionScore is currently 65/100 (High risk), with 1 score change tracked over 89 days. The score improved from 50/100 (Medium risk).

Period	Score	Risk Level	Duration
Aug 22 – Oct 13, 2026	65/100	HIGH	53 days
Jul 16 – Aug 21, 2026	50/100	MEDIUM	36 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

BLUW shares outstanding have decreased 0.0% from 25.98M (Apr 2026) to 25.98M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 17, 2026	25.98M	20.92M	▲ 0.48%
Apr 18, 2026	25.98M	20.82M	▲ 24.34%
Apr 16, 2026	25.98M	16.74M	▼ 34.49%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track BLUW Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment BLUW files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

Start Tracking BLUW — Free

Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously