What is IOBT's dilution risk score?

IOBT has a latest available DilutionScore record of 62/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for IOBT, 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 IOBT?

DilutionWatch tracks 25 SEC filing types for IOBT 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 IOBT shareholders?

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

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

IOBT Dilution Risk Score: 62/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 60%

🔄 Reverse Split model est. 70%

• 50-day avg $0.23 below $1 exchange minimum

• Only 4 months cash — financial pressure

🔁 Convertible Conversion model 60%

• Major convertible overhang: 261% potential dilution

• Convertible risk score very high (85/100)

💰 Capital Raise model 35%

• Low cash runway: 4 months remaining

🔔 Track IOBT — Get forecast alerts →

Market Data

Market Cap$3.45M

Shares Outstanding71.95M

Float38.31M

Cash$30.66M

Debt$16.66M

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	62/100	DilutionWatch score record
Shares Outstanding	71.95M	Verified float table or market cache
Public Float	38.31M	Verified float table or market cache
Market Cap	$3.45M	Market data cache
Cash Runway	4.4 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	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 2.

Recent SEC source mix: 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: ↓ 44.4% shares (2026Q1 vs prior)

13 institutional holders · 4.82M shares

#1 MORGAN STANLEY 1.41M shares

#2 Ikarian Capital, LLC 1.39M shares

#3 BOOTHBAY FUND MANAGEMENT, LLC 451.9K shares

+ 10 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

No current FINRA short-interest record is available for this ticker.

Recent SEC Activity

xbrl XBRL WARRANT 2025-11-14

xbrl XBRL CONVERTIBLE 2023-03-14

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual IOBT Dilution Snapshot

IO Biotech, Inc. (IOBT) has a DilutionScore of 62/100, rated High dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for IOBT: xbrl on 2025-11-14; xbrl on 2023-03-14.

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

IOBT's DilutionScore is currently 62/100 (High risk), with 3 score changes tracked over 89 days. The score improved from 54/100 (High risk).

Period	Score	Risk Level	Duration
Aug 22 – Oct 13, 2026	62/100	HIGH	53 days
Aug 14 – Aug 21, 2026	54/100	HIGH	7 days
Jul 19 – Aug 13, 2026	62/100	HIGH	26 days
Jul 16 – Jul 18, 2026	65/100	HIGH	3 days

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

Track IOBT Dilution Risk in Real-Time

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

Start Tracking IOBT — Free

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