Score Breakdown
Dilution Forecast
Market Data
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 | 63/100 | DilutionWatch score record |
| Shares Outstanding | 12.85M | Verified float table or market cache |
| Public Float | 10.50M | Verified float table or market cache |
| Market Cap | $48.70M | Market data cache |
| Cash Runway | 4.5 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 | 1.14M | SEC-derived dilution fields |
Recent source-backed SEC insight records available on this page: 7.
Recent SEC source mix: 4 5, XBRL 2.
The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.
CLNN SEC Filing Activity — Last 12 Months
Shares outstanding reported by CLNN on the cover page of its latest 10-K/10-Q: 12.85M as of August 11, 2026.
DilutionWatch recorded 3 registration or prospectus documents for CLNN (the filings through which shares are offered) in the last 12 months. Full filing list on SEC EDGAR →
| Form | What it is | Filings | Most recent |
|---|---|---|---|
| 424B5 | prospectus supplement (ATM / shelf takedown) | 3 | Sep 16, 2026 |
| 8-K | current report (material event) | 16 | Oct 19, 2026 |
| 10-K | annual report | 1 | Mar 17, 2026 |
| 10-Q | quarterly report | 2 | Aug 14, 2026 |
| DEF 14A | proxy statement | 1 | Apr 10, 2026 |
| SC 13G | passive >5% holder filing | 1 | Aug 04, 2026 |
| SC 13G/A | amended passive >5% holder filing | 3 | Oct 13, 2026 |
| 4 | insider transaction | 31 | Oct 21, 2026 |
| 3 | initial insider ownership | 4 | May 15, 2026 |
Institutional Holdings
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
Recent SEC Activity
Recent News
Factual CLNN Dilution Snapshot
Clene Inc. (CLNN) has a DilutionScore of 63/100, rated High dilution risk. Score date: October 21, 2026.
- Stored outstanding warrants: 1.1M.
- Recent SEC activity tracked for CLNN: xbrl on 2026-08-14; 4 on 2026-04-30; 4 on 2026-04-22.
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
CLNN's DilutionScore is currently 63/100 (High risk), with 5 score changes tracked over 88 days. The score deteriorated from 68/100 (High risk).
| Period | Score | Risk Level | Duration |
|---|---|---|---|
| Oct 13 – Oct 21, 2026 | 63/100 | HIGH | 9 days |
| Oct 01 – Oct 12, 2026 | 68/100 | HIGH | 12 days |
| Sep 03 – Sep 30, 2026 | 76/100 | CRITICAL | 28 days |
| Aug 22 – Sep 02, 2026 | 89/100 | CRITICAL | 12 days |
| Aug 14 – Aug 21, 2026 | 79/100 | CRITICAL | 7 days |
| Jul 25 – Aug 13, 2026 | 90/100 | CRITICAL | 20 days |
Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.
Share Dilution History
CLNN shares outstanding have increased 8.5% from 11.78M (Mar 2026) to 12.78M (May 2026). Each increase represents potential dilution to existing shareholders.
| Date | Shares Outstanding | Public Float | Change |
|---|---|---|---|
| May 31, 2026 | 12.78M | 10.50M | ▲ 0.70% |
| May 23, 2026 | 12.78M | 10.43M | ▲ 3.05% |
| May 16, 2026 | 12.78M | 10.12M | ▲ 8.49% |
| May 08, 2026 | 11.78M | 8.56M | ▲ 1.47% |
| Apr 16, 2026 | 11.78M | 8.43M | ▲ 1.79% |
| Mar 22, 2026 | 11.78M | 8.28M | ▲ 8.56% |
| Mar 13, 2026 | 11.78M | 7.63M | ▲ 4.99% |
Share counts sourced from verified regulatory filings. Increases indicate dilution events.
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