What is CLNN's dilution risk score?

CLNN has a latest available DilutionScore record of 89/100, categorized as critical dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for CLNN, 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 CLNN?

DilutionWatch tracks 25 SEC filing types for CLNN 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 CLNN shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For CLNN, 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 CLNN tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for CLNN. 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.

CLNN Dilution Risk Score: 89/100 (CRITICAL)

Score Breakdown

📋 Offering Ability

72

💰 Cash Runway

85

📊 Float Risk

25

⚠️ Warrant Exposure

90

🔄 Convertible Debt

85

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 55%

📜 Warrant Exercise model 60%

• Massive warrant overhang: 62% of shares outstanding

• Warrant risk score very high (90/100)

🔁 Convertible Conversion model 60%

• Major convertible overhang: 43% potential dilution

• Convertible risk score very high (85/100)

💰 Capital Raise model 35%

• Low cash runway: 4 months remaining

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Market Data

Market Cap$83.83M

Shares Outstanding12.85M

Float10.50M

Cash$9.67M

Debt$23.53M

Short InterestN/A

Institutional Holdings

QoQ: ↑ 33.8% shares (2026Q1 vs prior)

29 institutional holders · 2.59M shares

#1 VANGUARD CAPITAL MANAGEMENT LLC 616.5K shares

#2 Boxer Capital Management, LLC 477.5K shares

#3 SymBiosis Capital Partners, LLC 431.1K 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 Interest947.6K

Days to Cover14.4

% of Float9.0%

FINRA data as of Jul 31, 2026

Insider Buy/Sell Ratio

Recent SEC Activity

xbrl XBRL WARRANT 2026-06-30

xbrl XBRL CONVERTIBLE 2024-12-31

4 INSIDER TRANSACTION 2026-04-30

4 INSIDER TRANSACTION 2026-04-22

4 INSIDER TRANSACTION 2026-04-17

Full SEC filing analysis available with free account →

Recent News

No recent news

Factual CLNN Dilution Snapshot

Clene Inc. (CLNN) has a DilutionScore of 89/100, rated Critical dilution risk. Score date: August 28, 2026.

Stored outstanding warrants: 7.9M.
Recent SEC activity tracked for CLNN: xbrl on 2026-06-30; 4 on 2026-04-30; 4 on 2026-04-22.

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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CLNN — Clene Inc. Dilution Risk Tracker