A top-up would increase your number of options (and thus your percentage), that is different from the value/percentage not changing as part of a new raise. Unl

A top-up would increase your number of options (and thus your percentage), that is different from the value/percentage not changing as part of a new raise. Unless you're talking about the cap table being completely wiped but that's a different scenario and I wouldn't consider that to be part of dilution.