As of July 14, 2026, SANUWAVE Health, Inc. (SNWV) has a DilutionWatch DilutionScore of 44/100, rated MEDIUM dilution risk. SANUWAVE Health, Inc. has a market capitalization of $141.63M, 8.60M shares outstanding, 63 institutional holders tracked. Key dilution vectors include 64.12M outstanding warrants, approximately 331 months of cash runway.
Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.
📊 Score Breakdown
🔄Convertible Debt—
🌦️ Dilution Forecast
⛈️
Warning
High probability of dilution event
48%
📜 Warrant Exercise
60%
• Massive warrant overhang: 746% of shares outstanding
• Warrant risk score very high (90/100)
🔁 Convertible Conversion
60%
• Major convertible overhang: 76% potential dilution
• Convertible risk score very high (85/100)
💹 Market Data
Market Cap$141.63M
Shares Outstanding8.60M
Float5.74M
Cash$10.78M
Debt$20.51M
Short InterestN/A
🏛 Institutional Holdings
QoQ: ↑ 41.7% shares (2026Q1 vs prior)
63 institutional holders · 5.62M shares
#1
Opaleye Management Inc.
1.96M shares
#2
VANGUARD CAPITAL MANAGEMENT LLC
697.7K shares
#3
BlackRock, Inc.
481.5K shares
📉 Short Interest
Short Interest630.5K
Days to Cover1.6
% of Float11.0%
FINRA data as of Jun 30, 2026
📁 Recent SEC Activity
xbrl
XBRL WARRANT
Dec 31, 2025
xbrl
XBRL CONVERTIBLE
Dec 31, 2025
4
INSIDER TRANSACTION
Apr 02, 2026
4
INSIDER TRANSACTION
Apr 02, 2026
4
INSIDER TRANSACTION
Apr 02, 2026
Full SEC filing analysis available with free account
→
📰 Recent News
No recent news
📋 What This Means for SNWV Shareholders
SANUWAVE Health, Inc. (SNWV) has a DilutionScore of 44/100, 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 14, 2026.
DilutionWatch tracks 64.1M outstanding warrants for SNWV. Warrants become dilutive when exercised — converting to common shares at the strike price. Warrants near or in-the-money deserve particular attention since exercise can add materially to the outstanding share count within a short window.
DilutionWatch tracks over 25 SEC filing types for SNWV in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for SNWV alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.
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