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35 /100
MEDIUM RISK
Score updated Jul 28, 2026

QHUOY — Quhuo Limited Dilution Risk Tracker

Track QHUOY dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 28, 2026, Quhuo Limited (QHUOY) has a DilutionWatch DilutionScore of 35/100, rated MEDIUM dilution risk. Quhuo Limited has a market capitalization of $25.17M, 14.97M shares outstanding. Key dilution vectors include approximately 32 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

Score Breakdown

📋 Offering Ability
60
💰 Cash Runway
10
📊 Float Risk
10
⚠️ Warrant Exposure
40
🔄Convertible Debt

Dilution Forecast

☀️
Clear
No significant dilution signals
7%
🔄 Reverse Split 15%
• 52-week low $0.51 has breached $1
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Market Data

Market Cap$25.17M
Shares Outstanding14.97M
FloatN/A
Cash$14.30M
Debt$16.67M
Short InterestN/A

Institutional Holdings

1.8% institutional ownership
Source: Yahoo Finance · Detailed 13F holder data available for tracked tickers
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Short Interest

Short Interest441.9K
Days to Cover1.0
% of FloatN/A
FINRA data as of Apr 15, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2024-12-31
Full SEC filing analysis available with free account

Recent News

No recent news

What This Means for QHUOY Shareholders

Quhuo Limited (QHUOY) has a DilutionScore of 35/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 28, 2026.

DilutionWatch's EDGAR monitoring for QHUOY shows no major active dilution programs at this time. The primary risk categories — shelf registration capacity, ATM programs, warrant overhang, and cash runway — are each within normal ranges for a company of this profile. This can change quickly if a new S-3 or Form S-1 is filed.

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

Understanding QHUOY's Dilution Risk Factors

Primary Risk Drivers

The most significant dilution risks for Quhuo Limited stem from Offering Ability and Cash Runway. Offering Ability scores at a moderate level, indicating that the company has active programs in place that could lead to share issuance. This factor is particularly concerning because it suggests potential future capital raises that may dilute existing shareholders. The Cash Runway score of 10 reflects a strong financial position with 31.6 months of cash remaining, which provides safety against immediate liquidity pressures. However, this low score should not be misinterpreted as a positive signal — rather, it highlights the company's ability to sustain operations without needing to raise additional capital for an extended period.

Factors Currently Not a Concern

Float Risk and Warrant Exposure are currently at low levels, indicating minimal risk of dilution from these sources. Float Risk is low because there is no indication of excessive trading volume or large block sales that would increase supply. Warrant Exposure remains manageable with no signs of significant issuance activity. A change in either factor could raise concerns if new warrants were issued or if the company began trading in a manner that increases public float. For Convertible Note Risk, a shift from low to moderate levels would occur if convertible notes were converted into equity or if the company issued more such instruments.

SEC Filings to Watch

Several SEC filings are critical to monitor for potential dilution events. An S-3 registration statement would signal an intent to raise capital through a shelf offering, potentially increasing share count. A 424B5 filing indicates the company has filed a prospectus related to securities offerings, which could involve new equity issuance. An 8-K Item 1.01 filing may report material events such as the issuance of new shares or changes in ownership structure. Additionally, a 10-Q quarterly report would provide insight into cash flow trends and any new financing activities that might affect shareholder dilution.

How Dilution Happens

Dilution occurs step by step through mechanisms tied to the elevated factors. First, if Offering Ability increases, the company may initiate a capital raise, issuing new shares in exchange for cash or assets. This directly increases the total number of outstanding shares. Second, if convertible notes are converted into equity, existing holders’ ownership percentages decrease. These conversions often occur when the company reaches certain milestones or when note holders decide to exercise their conversion rights. Each new issuance or conversion dilutes the stake of current shareholders proportionally.

What Would Make This Worse

The risk profile would deteriorate significantly if Offering Ability increased to a high level, signaling an imminent capital raise that could dramatically increase share count. Additionally, if Cash Runway scores rose above moderate levels, it would indicate the company is approaching a point where it might need to issue shares to maintain operations. A spike in Warrant Exposure or Convertible Note Risk would also worsen the situation by introducing more potential equity dilution pathways. Any of these changes could substantially erode shareholder value through increased share issuance without corresponding growth.

Key Insight

Low scores in this analysis reflect safer conditions, not worse outcomes — a low score means less risk of dilution for shareholders.

How to Monitor QHUOY for Dilution Risk

What This Risk Level Means

A medium dilution risk level for Quhuo Limited (QHUOY) indicates that while the company is not currently in immediate danger of excessive dilution, there are underlying factors that could escalate the risk if not carefully monitored. As a micro-cap operating company, QHUOY operates with limited financial buffers and may rely on equity financing to fund growth or operational needs. The presence of elevated offering ability, warrant exposure, and convertible note risk signals that the company has mechanisms in place that could lead to dilution under certain conditions. In micro-cap environments, even moderate risks can quickly become critical due to the lack of capital reserves and liquidity.

What Typically Happens Next

Companies with a medium dilution profile often proceed through various financing activities over time. Common next steps include shelf registrations, ATM programs, or warrant exercises that can significantly increase share count. For QHUOY, the presence of convertible notes and warrant exposure suggests the potential for future equity issuance at below-market prices. These events typically occur within 6–18 months after initial disclosure, especially if the company is under financial pressure or pursuing growth initiatives. Monitoring these activities through tools like Shelf & ATM Monitor can help anticipate upcoming dilutive actions.

Monitoring Playbook

To track QHUOY effectively, use DilutionWatch to set up a custom watchlist and monitor for changes in dilution scores or key risk factors. Set alerts when Offering Ability, Warrant Exposure, or Convertible Note Risk reaches 70/100 or higher. Review the company’s SEC filings quarterly, and check DilutionWatch weekly for any score shifts. If thresholds are hit, immediately investigate recent filings for new equity offerings, warrant exercises, or convertible note conversions. A proactive approach includes reviewing the company's capital structure and financing history to assess the frequency of dilutive events.

Early Warning Signals

Several specific signals indicate a worsening dilution profile. First, an increase in Offering Ability score above 70/100 is a red flag for upcoming equity issuance. Second, a sudden rise in Warrant Exposure or Convertible Note Risk scores may suggest new financing plans are imminent. Third, the filing of a shelf registration or the announcement of a warrant exercise program signals that dilution is likely to occur soon. These changes often precede actual dilutive events by several months.

What a Positive Resolution Looks Like

A positive shift in QHUOY’s dilution risk profile would involve a reduction in Offering Ability, Warrant Exposure, or Convertible Note Risk scores. This could occur through a capital raise that strengthens the balance sheet, debt paydown that reduces reliance on equity financing, or the expiration of warrants without exercise. Additionally, if the company enters into a definitive agreement to repurchase shares or reduce outstanding convertible notes, this would also signal improved dilution control and decreased risk.

Watch For

Any sudden spike in Offering Ability or warrant activity, especially in filings within the last quarter, as these are early indicators of potential dilutive actions.

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