Companies / AQN

AQUIRIAN LIMITED

ASX:AQNCommercial & Professional Services
125.8M shares on issueASX (delayed) · as of 28 July 2026$0.36price · delayed$47.8Mmarket cap · indicative
F
Dilution grade

Share count grew 56% in 24 months; 4 cash raises in 24 months; options/rights overhang 6% of shares

Cash runwayno data — no longer lodges quarterly cash reports (4C/5B)
Share-count growth (24m)55.8%
Raise cadence (24m)4 cash raises
Options & rights overhang6.5% of shares
In-the-money supply0.4% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

AQUIRIAN LIMITED's ordinary share count grew 55.8% between October 2024 and May 2026, to 126M shares. The company raised capital four times in that 24-month window for total proceeds of A$15.5M, most recently raising A$8.0M in May 2026. Options and rights on issue could convert into 8M new shares, equal to 6.5% of the current share count, with the nearest expiry in February 2027 and 0% in the money. The company no longer lodges quarterly cash reports, so no quarterly cash balance or runway figure applies, and there are no proposed securities issues (Appendix 3B) pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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6.5%
Max option dilution
0.4%
ITM option dilution
2
Raises · last 12 months
—
Cash cover · stale filings

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 125.8M per ASX (delayed) (28 July 2026).
90.2M103.3M116.4MDec 24Sept 25July 26Cash raise · 5 May 2026Cash raise · 17 Oct 2025Cash raise · 6 June 2025Cash raise · 17 Mar 2025

Cash runway

—
stale Last quarterly cash report is more than 12 months old (quarter ended 30 June 2024) — runway is not computed from stale filings.
$7.1M available cash reported at 30 June 2024.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2024.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
22 May 20263H · cancellationAQN : ORDINARY FULLY PAID125.8MAppendix 3H
17 May 20262A · quoted issueAQN : ORDINARY FULLY PAID125.8MAppendix 2A
4 Dec 20253G · unquotedAQN : ORDINARY FULLY PAID106.0MAppendix 3G
2 Dec 20252A · quoted issueAQN : ORDINARY FULLY PAID106.0MAppendix 2A
23 Oct 20252A · quoted issueAQN : ORDINARY FULLY PAID105.9MAppendix 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 · 2 in the last 12 months

$8.0M
Capital raise
5 May 2026
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

6.5%
Total overhang · of current shares
0.4%
In the money · at current price
8.1M
Potential new shares
Feb 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
3 Dec 2025Gregory PatchingOther18.0M——3Y notice
24 Oct 2025David KellySell——$1.3M3Y notice
27 Aug 2025Gregory PatchingSell17.8M——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

23 July 2026Results of Meeting
12 July 2026$PFull Year Business Update - FY26
24 June 2026Notice of General Meeting Update
23 June 2026Notice of General Meeting/Proxy Form
16 June 2026Euroz Hartleys Industrial Forum Presentation
2 June 2026Initial Director's Interest Notice
22 May 2026Notification of cessation of securities - AQN
18 May 2026Becoming a substantial holder
17 May 2026Cleansing Statement
17 May 2026Application for quotation of securities - AQN
7 May 2026Proposed issue of securities - AQN
7 May 2026Proposed issue of securities - AQN
7 May 2026$PInvestor Presentation
7 May 2026$PSuccessful Completion of Placement
5 May 2026$PTrading Halt
3 May 2026$PTechnology and Products Update
23 Apr 2026Appointment of Chief Financial Officer
15 Apr 2026$PDrillforce Secures 3YR Supply Agreement with Brightstar
24 Mar 2026Company Secretary Appointment
17 Mar 2026$PEuroz Hartleys Rottnest Conference Investor Presentation

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