Companies / AVR

ANTERIS TECHNOLOGIES GLOBAL CORP.

ASX:AVRHealth Care Equipment & Services
97.5M shares on issueASX (delayed) · snapshot 11 Sept 2026107.9M fully diluted+10.7% if every option and right converts$11.61price · delayed$1.13Bmarket cap · indicative

Today’s holders own 90.4% of what they think they own, once every option and right converts.

Low
Dilution risk

4 cash raises in 24 months; options/rights overhang 11% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — no longer lodges quarterly cash reports (4C/5B)
Share-count growth (24m)-28.3%measured to the latest Appendix 2A, not to the share count above
Raise cadence (24m)4 cash raises
Options & rights overhang10.7% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

ANTERIS TECHNOLOGIES GLOBAL CORP. had 97M ordinary shares outstanding as of August 2026. The company conducted four capital raises in the 24-month period ending May 2026, generating total disclosed proceeds of A$366.0M, with the most recent being an at-the-market offering in May 2026. There are 10M potential new shares from options on issue, representing 10.7% of the current share count, with 0% in the money. An expiry date for these options is not on record. The company does not lodge quarterly cash reports, so no cash balance or funding runway figure is available. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 1 Sept 2026
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10.7%
Options & rights overhang
In-the-money supply · no stated strikes
3
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 97.5M per ASX (delayed) (snapshot 11 Sept 2026).
25M50M75M100MDec 24Oct 25Sept 26Cash raise · 25 May 2026Cash raise · 21 Jan 2026Cash raise · 28 Oct 2025Cash raise · 19 Dec 202497.5M

Cash runway

stale Last quarterly cash report is more than 12 months old (quarter ended 30 Sept 2024) — runway is not computed from stale filings.
$-12.6M cash after burn from the quarter ended 30 Sept 2024. Filed with the quarterly report: $15.3M cash at quarter end (item 4.6), 0.7 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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8 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 Sept 2024.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
26 Aug 20262A · quoted issueAVR : CHESS DEPOSITARY INTERESTS 1:115.1MAppendix 2A
26 Aug 20263G · unquotedAVR : CHESS DEPOSITARY INTERESTS 1:115.1MAppendix 3G
3 Aug 20263H · cancellationAVR : CHESS DEPOSITARY INTERESTS15.2MAppendix 3H
31 July 20262A · quoted issueAVR : CHESS DEPOSITARY INTERESTS 1:115.2MAppendix 2A
23 July 20263G · unquotedAVR : CHESS DEPOSITARY INTERESTS 1:115.2MAppendix 3G

Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (15.1M) need not equal the current count above (97.5M).

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78 filings on record — 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 · 3 in the last 12 months

every 5.7 monthsaverage gap between raises
3.6 monthssince the most recent
19 Dec 202425 May 2026first to most recent in this window
At-the-market offering (Sales Agreement / ATM)
25 May 2026 ACTIVE
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7 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

10.7%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
10.4M
Potential new shares
Nearest expiry
What this supply is, and what converts it
  • Price-triggered8.3M · 8.5% of shares
    Options and warrants — they convert when the share price clears their exercise price.
    No exercise price is on record for any of it, so none of it can be called in or out of the money.
  • Condition-triggered2.1M · 2.1% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 0 priced, 10.4M 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.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 10.4M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
AVRAALCondition-triggered2.1MFiling Meeting
AVRACOptionsPrice-triggered3.0MFiling
AVRAAWarrantsPrice-triggered5.3MFiling

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

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3 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
19 Aug 2026David St DenisOther15k265k333k3Y notice
7 June 2026David RobertsOther18k3Y notice
7 June 2026Gregory Simon MossOther18k3Y notice
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16 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.