Galectin Therapeutics Inc (GALT)

[Phantom Lord]

If every current owner purchases their pro rata allotment of shares and that is all that happens then technically there is no dilution. Dilution has nothing to do with market cap or share price. Just ownership. They are not issuing shares to new investors, just current ones. If you don't purchase shares in the offering then yes, you will suffer some dilution. If you do purchase your pro rata allotment of shares in the offering then you have not been diluted. It's that simple.