What is ORLA's dilution risk score?

ORLA has a latest available DilutionScore record of 19/100, categorized as low dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for ORLA, 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 ORLA?

DilutionWatch tracks 25 SEC filing types for ORLA 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 ORLA shareholders?

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

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

ORLA Dilution Risk Score: 19/100 (LOW)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

☀️

Clear

No significant dilution signals

model est. 0%

No significant dilution signals detected for ORLA.

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Market Data

Market Cap$3.21B

Shares Outstanding340.14M

Float267.61M

Cash$427.35M

Debt$321.29M

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	19/100	DilutionWatch score record
Shares Outstanding	340.14M	Verified float table or market cache
Public Float	267.61M	Verified float table or market cache
Market Cap	$3.21B	Market data cache
Cash Runway	Not available	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: 0.

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

Institutional Holdings

76.9% institutional ownership

Source: Yahoo Finance · Detailed 13F holder data available for tracked tickers

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Short Interest

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

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

ORLA's DilutionScore has held steady at 19/100 (Low risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	19/100	LOW	89 days

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

Share Dilution History

ORLA shares outstanding have increased 1.8% from 339.90M (Mar 2026) to 345.99M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 31, 2026	345.99M	267.61M	▼ 0.06%
May 29, 2026	345.99M	267.76M	▲ 1.16%
May 25, 2026	345.99M	264.71M	▼ 0.13%
May 24, 2026	345.99M	265.05M	▼ 1.00%
May 23, 2026	345.99M	267.71M	▼ 0.02%
May 16, 2026	345.99M	267.78M	▲ 0.04%
May 13, 2026	345.99M	267.69M	▲ 0.12%
Apr 04, 2026	340.14M	267.40M	▼ 0.02%
Mar 23, 2026	339.90M	267.46M	▲ 0.49%
Mar 21, 2026	339.90M	266.16M	▲ 1.67%

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

Track ORLA Dilution Risk in Real-Time

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

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