AUREKA LIMITED
ASX:AKAMaterialsToday’s holders own 91.7% of what they think they own, once every option and right converts.
Share count grew 66% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
AUREKA LIMITED's ordinary share count grew 66.1% between June 2025 and October 2026, its latest share-count filing, to 209M shares. It raised capital three times in the past 24 months for total proceeds of A$13.8M, most recently a Placement (with concurrent Share Purchase Plan) raising A$7.2M in September 2026. Options and rights on issue could convert into 19M new shares, equal to 9.1% of the current share count, with none currently in the money; the nearest expiry is November 2027. The company had 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 5
When did AKA last raise capital?
The last capital raise in Aureka's filings is Placement (with concurrent Share Purchase Plan) of $7.2M announced 7 Sept 2026, one of 3 cash raises in 24 months.
How much placement capacity does AKA have left?
About 14% of the 15% placement capacity left, about 86% 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 AKA have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Aureka reported $7.0M of cash and estimated 3.7 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do AKA's options expire?
Unexercised options and rights equal 9.1% of Aureka's shares on issue; the nearest expiry is Nov 2027.
How much has AKA's share count grown?
Aureka has 209.3M shares on issue as at 28 Oct 2026, up 66.1% 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 |
|---|---|---|---|---|
| 2 Oct 2026 | 2A · quoted issue | AKA : ORDINARY FULLY PAID | 209.3M | Appendix 2A |
| 28 Sept 2026 | 2A · quoted issue | AKA : ORDINARY FULLY PAID | 208.9M | Appendix 2A |
| 11 Sept 2026 | 2A · quoted issue | AKA : ORDINARY FULLY PAID | 195.6M | Appendix 2A |
| 10 July 2026 | 3G · unquoted | AKA : ORDINARY FULLY PAID | 159.1M | Appendix 3G |
| 8 July 2026 | 2A · quoted issue | AKA : ORDINARY FULLY PAID | 159.1M | 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
3 cash raises in the last 24 months · 2 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
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
- Price-triggered8.9M · 4.2% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered10.1M · 4.8% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 5.4M priced, 3.4M at a stated nil price, 10.1M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 35.0% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.15 today. No more priced supply until 1.5× today’s price, which takes it to 3.1M (1.5% 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.
- 3.4M (18.1% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
- 10.1M (53.3% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| AKAAAD | Options | Price-triggered | $0.20 | 8 Nov 2027 | 3.1M | Filing |
| AKAAB | Options | Price-triggered | $0.28 | 3 Mar 2029 | 2.4M | Filing |
| AKAAAB | Options | Price-triggered | Nil | — | 3.4M | Filing |
| AKAAAC | Performance rights | Condition-triggered | — | — | 10.1M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 29 Sept 2026 | Angela Nicolle Lorrigan | Other entitlement/SPP | 42k | — | — | $5k | 3Y notice |
| 3 Mar 2026 | Angela Lorrigan | Other | 107k | 1.1M | — | $15k | 3Y notice |
| 3 Mar 2026 | James Gurry | Other | 207k | — | 8.8M | $29k | 3Y notice |
| 3 Mar 2026 | Richard Taylor | Other | 43k | 1.2M | — | $6k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.