Companies / AI1

ADISYN LTD

ASX:AI1Software & Services
1.18B shares on issueASX (delayed) · as of 28 July 2026$0.14price · delayed$170.7Mmarket cap · indicative
C
Dilution grade

Share count grew 536% in 24 months; 4 cash raises in 24 months; options/rights overhang 20% of shares

Cash runway10.9 quarters of funding
Share-count growth (24m)535.8%
Raise cadence (24m)4 cash raises
Options & rights overhang20.2% of shares
In-the-money supply6.3% of shares
Pending proposed issuesnone

ADISYN LTD's ordinary share count rose 535.8% between May 2024 and June 2026 to 1.18B shares. The company raised capital four times in that period for total disclosed proceeds of A$24.0M, most recently a A$14.0M placement in April 2026. Options and rights on issue could convert into 238M new shares, equal to 20.2% of the current share count, of which 6% are in the money at the current share price; the nearest expiry is November 2027. At the June 2026 quarter the company reported A$15.1M in available cash, covering about 10.9 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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20.2%
Max option dilution
6.3%
ITM option dilution
1
Raises · last 12 months
10.9 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.18B per ASX (delayed) (28 July 2026).
0.73B0.90B1.06BJan 25Oct 25July 26Cash raise · 21 Apr 2026Cash raise · 29 May 2025Cash raise · 19 May 2025Cash raise · 21 Jan 2025

Cash runway

10.9 qtrs
More than four quarters of funding at the recent spend rate.
$15.1M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
25 June 20262A · quoted issueAI1 : ORDINARY FULLY PAID1.18BAppendix 2A
12 June 20262A · quoted issueAI1 : ORDINARY FULLY PAID1.16BAppendix 2A
12 June 20263G · unquotedORDINARY FULLY PAID1.04BAppendix 3G
12 June 20262A · quoted issueAI1 : ORDINARY FULLY PAID1.06BAppendix 2A
28 May 20262A · quoted issueAI1 : ORDINARY FULLY PAID1.04BAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

4 cash raises in the last 24 months · 1 in the last 12 months

$14.0M
Placement
21 Apr 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

20.2%
Total overhang · of current shares
6.3%
In the money · at current price
238.2M
Potential new shares
Nov 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
12 June 2026Mr Kevin CroftonOther2.8M6.0M—3Y notice
12 June 2026Mr Arye KohaviOther11.4M——3Y notice
18 May 2026Mr Blake BurtonSell———3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

22 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
13 July 2026Becoming a substantial holder
25 June 2026Notice Under Section 708A(5)(e) of the Corporations Act
25 June 2026Application for quotation of securities - AI1
18 June 2026Change of Director's Interest Notice
18 June 2026Change of Director's Interest Notice
16 June 2026Change in substantial holding
12 June 2026Notice under section 708A(5)(e)
12 June 2026Application for quotation of securities - AI1
12 June 2026Application for quotation of securities - AI1
12 June 2026Notification regarding unquoted securities - AI1
8 June 2026$PRepeatable Graphene Deposition Below 300 Degrees Celsius
3 June 2026$PTrading Halt
28 May 2026Notice under section 708A(5)(e)
28 May 2026Application for quotation of securities - AI1
19 May 2026Change of Director's Interest Notice
14 May 2026Notice under section 708A(5)(e)
14 May 2026Application for quotation of securities - AI1
11 May 2026Notice under section 708A(5)(e)
11 May 2026Application for quotation of securities - AI1

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.