EVMN — Evommune, Inc. Dilution Risk Tracker

Evommune, Inc. (EVMN) has a DilutionScore of 53/100, placing it in the High dilution risk tier. This score reflects at least one active dilution mechanism — a shelf registration, ATM program, outstanding warrants, or limited cash runway — that could materially increase the share count over the next 12–18 months. Score as of July 14, 2026, updated from SEC EDGAR data.

The most significant dilution vector for EVMN is its shelf registration capacity of $125.0M. A shelf registration (typically an S-3 filing) gives a company pre-approved access to raise capital quickly without a traditional roadshow. The registered amount represents the maximum that can be raised — not necessarily what will be raised — but active shelves combined with tight cash positions are the pattern DilutionWatch monitors most closely.

DilutionWatch tracks over 25 SEC filing types for EVMN in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for EVMN alongside comparable high-risk stocks. Not financial advice — this analysis is for informational purposes only.