Possible new Avalo Therapeutics shares

AVTXDilution

Known so far: no new shares from the prospectus covers read · shelf room about $17.9M · not yet read: converts.

Shelf room

  • Room today about $17.9M
  • One third of float $17.9M ($53.7M float, Jun 30, 2025)
  • Sold off it, 12 months nothing
How this is worked out

Shelf room about $17.9M on the S-3ASR of Nov 5, 2026: the baby-shelf rule (public float under $75M) caps sales at one third of the $53.7M public float stated as of Jun 30, 2025, $17.9M, nothing sold off it in the last 12 months. Sources: S-3ASR Nov 5, 2026, effective Nov 5, 2026 · public float, as of Jun 30, 2025.

What could become new Avalo Therapeutics (AVTX) shares: warrants, options and RSUs and an ATM program, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

Avalo Therapeutics dilution ladder

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

53.9M outstanding; up to 87.8M fully diluted, +63%

  1. Outstandingas of Nov 5, 2026 (424B5 cover) · Prospectus cover, shares outstanding before the offering
    53.9M
  2. At-the-market program$200.0M program424B5 Nov 5, 2026 · At-the-market prospectus supplementat $7.07, stated in the filing on Nov 4
    +28.3M
  3. Warrants14810-Q Nov 5, 2026 · securities left out of diluted EPS
    +148
  4. Options and RSUs5.4M options, 184K RSUs10-Q Nov 5, 2026 · securities left out of diluted EPS
    +5.6M

Not stated in the filings we read: 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.

Financing terms to know

None found in filings since Nov 5, 2026.

Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.

Shares outstanding

57.8M

Mar 2025 to Nov 2026: from 10.7M to 57.8M.

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

Data on this page was fetched . The filing on SEC.gov is the record.