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Possible new American Well shares

AMWLDilution

Known so far: no new shares from the prospectus covers read · no effective shelf · not yet read: warrants, converts, ATM.

Shelf room

  • Room today none, no effective shelf
How this is worked out

Shelf room: none. No shelf registration on EDGAR was declared effective in the last 3 years, so a sale needs a new registration or a private placement. Sources: public float, as of Jun 30, 2025.

What could become new American Well (AMWL) shares: options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

American Well dilution ladder

Every source of new shares on record, from the filings that created it.

17.2M outstanding; up to 18.4M fully diluted, +7%

  1. Outstandingas of Oct 23, 2026 (10-Q filed Nov 3) · share count on the cover page
    17.2M
  2. Options and RSUs191K options, 1M RSUs10-Q Nov 3, 2026 · securities left out of diluted EPS
    +1.2M

Not stated in the filings we read: an ATM program, warrants, convertible notes.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Shares outstanding

16.7M

Dec 2024 to Mar 2026: from 15.6M to 16.7M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.