What is OTLK's dilution risk score?

OTLK has a latest available DilutionScore record of 86/100, categorized as critical dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for OTLK, 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 OTLK?

DilutionWatch tracks 25 SEC filing types for OTLK 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 OTLK shareholders?

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

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

OTLK Dilution Risk Score: 86/100 (CRITICAL)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 62%

💰 Capital Raise model 73%

• Critical: only 2.8 months cash remaining

• Active ATM program with $5M remaining capacity

🔄 Reverse Split model est. 70%

• 50-day avg $0.28 below $1 exchange minimum

• Only 3 months cash — financial pressure

📜 Warrant Exercise model 25%

• Significant warrants: 19% of shares outstanding

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Market Data

Market Cap$142.44M

Shares Outstanding243.45M

Float105.53M

Cash$11.24M

Debt$544.97M

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	86/100	DilutionWatch score record
Shares Outstanding	243.45M	Verified float table or market cache
Public Float	105.53M	Verified float table or market cache
Market Cap	$142.44M	Market data cache
Cash Runway	2.8 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	$5.00M	SEC-derived dilution fields
Outstanding Warrants	45.29M	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 7.

Recent SEC source mix: 424B5 2, 8-K 2, FORM 4 1, 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

10 institutional holders · 7.12M shares

#1 Schonfeld Strategic Advisors Llc 2.44M shares

#2 Vanguard Capital Management LLC 1.97M shares

#3 Gilpin Wealth Management, LLC 600.2K shares

+ 7 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 Interest31.90M

Days to Cover7.1

% of Float30.2%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-18

xbrl XBRL CONVERTIBLE 2025-12-19

Form 4 INSIDER TRANSACTION 2026-08-12

424B5 ATM 2026-04-23

8-K 8K EVENT 2026-04-23

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual OTLK Dilution Snapshot

Outlook Therapeutics, Inc. (OTLK) has a DilutionScore of 86/100, rated Critical dilution risk. Score date: October 13, 2026.

Stored ATM program remaining capacity: $5.0M.
Stored outstanding warrants: 45.3M.
Recent SEC activity tracked for OTLK: xbrl on 2026-08-18; Form 4 on 2026-08-12; 424B5 on 2026-04-23.

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

OTLK's DilutionScore is currently 86/100 (Critical risk), with 5 score changes tracked over 89 days. The score improved from 84/100 (Critical risk).

Period	Score	Risk Level	Duration
Sep 17 – Oct 13, 2026	86/100	CRITICAL	27 days
Sep 03 – Sep 16, 2026	84/100	CRITICAL	14 days
Aug 22 – Sep 02, 2026	83/100	CRITICAL	12 days
Aug 14 – Aug 21, 2026	71/100	HIGH	7 days
Jul 22 – Aug 13, 2026	74/100	HIGH	23 days
Jul 16 – Jul 21, 2026	65/100	HIGH	6 days

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

Share Dilution History

OTLK shares outstanding have increased 15.5% from 104.61M (Mar 2026) to 120.86M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 23, 2026	120.86M	105.53M	▲ 48.86%
Mar 28, 2026	104.61M	70.89M	▲ 4.23%
Mar 27, 2026	104.61M	68.01M	▲ 0.41%

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

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