ADSLOT LTD.
ASX:ADSSoftware & ServicesToday’s holders own 88.2% of what they think they own, once every option and right converts.
Share count grew 18% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months
ADSLOT LTD.'s ordinary share count grew 18.4% between October 2024 and August 2026, its latest share-count filing, to 5.97B shares. The company raised capital twice in the past 24 months for total disclosed proceeds of A$1.2M, most recently a Placement and Convertible Notes issue in August 2025 raising A$989K. Options and rights on issue could convert into 798M new shares, equal to 13.4% of the current share count, none of which are in the money at the current share price; the nearest expiry occurs in April 2028. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did ADS last raise capital?
The last capital raise in Adslot's filings is Placement and Convertible Notes of $989k announced 7 Aug 2025, one of 2 cash raises in 24 months.
How much placement capacity does ADS have left?
About 94% of the 15% placement capacity left, about 6% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does ADS have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Adslot reported $1.3M of cash and estimated 1.7 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do ADS's options expire?
Unexercised options and rights equal 13.4% of Adslot's shares on issue; the nearest expiry is Apr 2028.
How much has ADS's share count grown?
Adslot has 5.97B shares on issue as at 28 Oct 2026, up 18.4% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 10 Aug 2026 | 2A · quoted issue | ADS : ORDINARY FULLY PAID | 5.97B | Appendix 2A |
| 15 June 2026 | 3H · cancellation | ADS : ORDINARY FULLY PAID | 5.91B | Appendix 3H |
| 19 May 2026 | 3H · cancellation | ADS : ORDINARY FULLY PAID | 5.91B | Appendix 3H |
| 28 Apr 2026 | 2A · quoted issue | ADS : ORDINARY FULLY PAID | 5.91B | Appendix 2A |
| 28 Apr 2026 | 2A · quoted issue | ADS : ORDINARY FULLY PAID | 5.91B | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
2 cash raises in the last 24 months · 0 in the last 12 months
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.0010 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 707.5M (11.9% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ADSAP | Options | Price-triggered | $0.001 | 13 Apr 2028 | 246.3M | Filing |
| ADSAQ | Options | Price-triggered | $0.001 | 19 Apr 2028 | 250.0M | Filing |
| ADSAK | Options | Price-triggered | $0.001 | 5 Nov 2028 | 26.1M | Filing |
| ADSAA | Options | Price-triggered | $0.0015 | 1 Dec 2028 | 84.0M | Filing |
| ADSAL | Options | Price-triggered | $0.0015 | 23 Jan 2029 | 2.0M | Filing |
| ADSAM | Options | Price-triggered | $0.001 | 24 Feb 2029 | 40.0M | Filing |
| ADSAN | Options | Price-triggered | $0.0015 | 4 June 2029 | 5.0M | Filing |
| ADSAS | Options | Price-triggered | $0.001 | 13 Oct 2029 | 95.0M | Filing |
| ADSAR | Options | Price-triggered | $0.001 | 1 Feb 2030 | 50.0M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
- ADSABPrice-triggered26.9M securities → 015 June 2026 Appendix 2A
- ADSAOconvertible notes73910 Aug 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 8 Sept 2026 | Andrew Dyer | Sell off-market | 166.5M | 25.0M | — | $166k | 3Y notice |
| 10 Aug 2026 | Andrew Dyer | Other | 39.0M | — | — | — | 3Y notice |
| 10 Aug 2026 | Mr Adrian Giles | Buy | 8.4M | — | — | — | 3Y notice |
| 10 Aug 2026 | Sarah Morgan | Other | 9.9M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.