What is VRCA's dilution risk score?

VRCA has a latest available DilutionScore record of 66/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for VRCA, 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 VRCA?

DilutionWatch tracks 25 SEC filing types for VRCA 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 VRCA shareholders?

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

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

VRCA Dilution Risk Score: 66/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

🌥️

Advisory

Moderate dilution signals present

model est. 30%

💰 Capital Raise model 55%

• Critical: only 2.9 months cash remaining

📉 Score Deterioration model 10%

• Score in HIGH risk zone (66/100)

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Market Data

Market Cap$68.89M

Shares Outstanding17.18M

Float7.90M

Cash$11.20M

Debt$40.67M

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	66/100	DilutionWatch score record
Shares Outstanding	17.18M	Verified float table or market cache
Public Float	7.90M	Verified float table or market cache
Market Cap	$68.89M	Market data cache
Cash Runway	2.9 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	50.0K	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 3.

Recent SEC source mix: 3 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

QoQ: ↓ 3.2% shares (2026Q1 vs prior)

42 institutional holders · 5.03M shares

#1 Caligan Partners LP 923.9K shares

#2 Affinity Asset Advisors, LLC 707.3K shares

#3 CANNELL CAPITAL LLC 685.1K shares

+ 17 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 Interest196.2K

Days to Cover4.1

% of Float2.5%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-06

xbrl XBRL CONVERTIBLE 2025-03-11

3 FORM3 2026-01-26

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual VRCA Dilution Snapshot

Verrica Pharmaceuticals Inc. (VRCA) has a DilutionScore of 66/100, rated High dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for VRCA: xbrl on 2026-08-06; 3 on 2026-01-26; xbrl on 2025-03-11.

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

VRCA's DilutionScore is currently 66/100 (High risk), with 2 score changes tracked over 89 days. The score deteriorated from 70/100 (High risk).

Period	Score	Risk Level	Duration
Sep 28 – Oct 13, 2026	66/100	HIGH	16 days
Aug 22 – Sep 27, 2026	70/100	HIGH	37 days
Jul 16 – Aug 21, 2026	67/100	HIGH	36 days

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

Share Dilution History

VRCA shares outstanding have increased 7.4% from 15.99M (Mar 2026) to 17.18M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 22, 2026	17.18M	7.90M	▲ 16.51%
Mar 14, 2026	15.99M	6.78M	▲ 12.88%
Mar 13, 2026	15.99M	6.00M	▲ 81.02%

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

Track VRCA Dilution Risk in Real-Time

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

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