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63 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

XPON — Expion360 Inc. Dilution Risk Tracker

Track XPON 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 October 13, 2026, Expion360 Inc. (XPON) has a DilutionWatch DilutionScore of 63/100, rated HIGH dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Expion360 Inc. has a market capitalization of $3.90M, 962.3K shares outstanding, 10 institutional holders tracked. Stored dilution-related fields include 888.4K outstanding warrants.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
60
💰 Cash Runway
40
📊Float Risk—
⚠️ Warrant Exposure
90
🔄 Convertible Debt
85

Dilution Forecast

⛈️
Warning
High probability of dilution event
model est. 59%
📜 Warrant Exercise model 60%
• Massive warrant overhang: 92% of shares outstanding
• Warrant risk score very high (90/100)
🔁 Convertible Conversion model 60%
• Major convertible overhang: 69% potential dilution
• Convertible risk score very high (85/100)
🔄 Reverse Split model est. 55%
• 50-day avg $0.64 below $1 exchange minimum
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Market Data

Market Cap$3.90M
Shares Outstanding962.3K
FloatN/A
Cash$6.56M
Debt$156.2K
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.

FieldCurrent ValueBasis
DilutionScore63/100DilutionWatch score record
Shares Outstanding962.3KVerified float table or market cache
Public FloatNot availableVerified float table or market cache
Market Cap$3.90MMarket data cache
Cash Runway14.4 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding Warrants888.4KSEC-derived dilution fields

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

Recent SEC source mix: 3 3, 4 2, 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: ↑ 28.5% shares (2026Q1 vs prior)
10 institutional holders · 337.7K shares
#1 GEODE CAPITAL MANAGEMENT, LLC 162.1K shares
#2 VANGUARD CAPITAL MANAGEMENT LLC 63.2K shares
#3 VANGUARD FIDUCIARY TRUST CO 53.4K 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 Interest61.4K
Days to Cover1.0
% of FloatN/A
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2023-11-09
xbrl XBRL CONVERTIBLE 2023-03-30
3 FORM3 2026-09-09
4 INSIDER TRANSACTION 2026-08-31
3 FORM3 2026-08-31
Full SEC filing analysis available with free account →

Recent News

Factual XPON Dilution Snapshot

Expion360 Inc. (XPON) has a DilutionScore of 63/100, rated High dilution risk. Score date: October 13, 2026.

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

XPON's DilutionScore is currently 63/100 (High risk), with 4 score changes tracked over 89 days. The score improved from 55/100 (High risk).

Period Score Risk Level Duration
Oct 08 – Oct 13, 202663/100HIGH6 days
Sep 28 – Oct 07, 202655/100HIGH10 days
Aug 22 – Sep 27, 202647/100MEDIUM37 days
Aug 14 – Aug 21, 202640/100MEDIUM7 days
Jul 16 – Aug 13, 202648/100MEDIUM29 days

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

Share Dilution History

XPON shares outstanding have increased 5.5% from 10.85M (Mar 2026) to 11.44M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 08, 202611.44M10.49M▲ 0.19%
Mar 25, 202610.85M10.47M▲ 12.81%

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

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Score Coverage Note