Adagene Inc. (ADAG) — Dilution Risk Analysis
Current Snapshot
Adagene Inc. (ADAG) has a DilutionWatch score of 36/10 and is classified as MEDIUM risk. The score date in the source data is 2026-10-03T03:45:52.527348.
This page is assembled from sourced share-structure, market-data, SEC-filing, and DilutionWatch fields. Missing values are left blank rather than estimated.
Dilution Risk Score
Score: 36/10 Source (as of 2026-10-03T03:45:52.527348)
Recent SEC Filings
2 shelf registration or ATM offering filings detected in recent history.
Recent filing forms in the source payload: 424B5 2, 6-K 1, 3 7.
| Form | Filed | Accession |
|---|---|---|
| 424B5 | 2026-04-02 | 0001104659-26-038861 |
| 6-K | 2026-04-02 | 0001104659-26-038868 |
| 424B5 | 2026-04-02 | 0001104659-26-039189 |
| 3 | 2026-03-18 | 0001104659-26-029994 |
| 3 | 2026-03-18 | 0001104659-26-029997 |
| 3 | 2026-03-18 | 0001104659-26-029999 |
| 3 | 2026-03-18 | 0001104659-26-030000 |
| 3 | 2026-03-18 | 0001104659-26-030002 |
| 3 | 2026-03-18 | 0001104659-26-030003 |
| 3 | 2026-03-18 | 0001104659-26-030006 |
Dilution Risk Drivers
| Driver | Stored Value | Source |
|---|---|---|
| ATM offering capacity remaining | $200,000,000 | Source |
| Cash runway | 57 months | Source |
| Three-year share count growth | 7.41% | Source |
DilutionWatch Analysis
- Risk Level
- MEDIUM (Score: 36/10) Source
- Cash Runway
- 57 months Source
- ATM Offering Capacity Remaining
- $200,000,000 Source
- Share Count Growth (3-Year)
- 7.41% Source
What This Page Does Not Estimate
DilutionWatch does not infer missing cash runway, authorized share count, ATM capacity, shelf capacity, or share-growth values on this page. A blank field means the current source payload did not provide a usable value with provenance.
Scores and classifications are shown only when supplied by the DilutionWatch data layer. SEC filing rows link to their source accession when a filing URL is available.