Companies / BGE

BRIDGE SAAS LIMITED

ASX:BGESoftware & Services
199.9M shares on issueASX (delayed) · snapshot 11 Sept 2026228.3M fully diluted+14.3% if every option and right converts$0.018price · delayed$3.6Mmarket cap · indicative

Today’s holders own 87.5% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 22% in 24 months; runway 4–8 quarters; options/rights overhang 14% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway4.9 quarters of funding
Share-count growth (24m)22.4%
Raise cadence (24m)0 cash raises
Options & rights overhang14.3% of shares
In-the-money supplyno data — an exercise price is on record for a minority of the supply
Pending proposed issuesnone

BRIDGE SAAS LIMITED's ordinary share count grew 62.8% between August 2024 and June 2026, reaching 200M shares. The company has not undertaken any capital raises in the past 24 months and has no pending proposed securities issues. Options and rights on issue represent a potential 28M new shares, which is 14.3% of the current share count; none of these are currently in the money, and the nearest expiry date is July 2029. As of the June 2026 quarter, the company held A$1.3M in available cash, which represents approximately 4.9 quarters of funding at its recent operational spending rate.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
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14.3%
Options & rights overhang
In-the-money supply · most strikes not on record
0
Raises · last 12 months
4.9 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 199.9M per ASX (delayed) (snapshot 11 Sept 2026).
199M200M201MDec 24Oct 25Sept 26199.9M

Cash runway

4.9 qtrs
More than four quarters of funding at the recent spend rate.
Funds operations to about Sept 2027 at the reported spend rate.
$1.3M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $36k cash at quarter end (item 4.6), 0.1 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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13 quarters on record — 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)

DateFormSecurityOn issue, per this filingSource
7 Sept 20263H · cancellationBGE : ORDINARY FULLY PAID199.9MAppendix 3H
1 July 20263H · cancellationBGE : ORDINARY FULLY PAID199.9MAppendix 3H
1 July 20263H · cancellationBGE : ORDINARY FULLY PAID199.9MAppendix 3H
1 July 20263H · cancellationBGE : ORDINARY FULLY PAID199.9MAppendix 3H
1 July 20263G · unquotedBGE : ORDINARY FULLY PAID199.9MAppendix 3G
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15 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

No equity raises in the last 24 months.
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1 raise 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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5 dated events on record — 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

14.3%
Options & rights overhang · of current shares
In-the-money supply · most strikes not on record
28.5M
Potential new shares
July 2029
Nearest expiry
What a price move would switch on
14.2M28.5M$0.018 now0.25× today ($0.004) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.009) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.013) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.018) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.022) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.027) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.036) — 1.0M of the priced supply in the money, 0.5% of shares on issue3× today ($0.054) — 2.0M of the priced supply in the money, 1.0% of shares on issue5× today ($0.090) — 4.5M of the priced supply in the money, 2.3% of shares on issue10× today ($0.180) — 8.5M of the priced supply in the money, 4.3% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

An exercise price is on record for only 29.8% 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 $0.018 today. At double today’s price it is 1.0M (0.5% 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.
  • 20.0M (70.2% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
BGEALOptionsPrice-triggered$0.0301 July 20291.0MFiling
BGEAOOptionsPrice-triggered$0.0501 July 20291.0MFiling
BGEAMOptionsPrice-triggered$0.0801 July 20292.5MFiling
BGEANOptionsPrice-triggered$0.101 July 20294.0MFiling
BGEOOptionsPrice-triggered31 May 203120.0MFiling

“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.

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5 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
15 July 2026Richard GordonSell on-market3Y notice
1 July 2026Jason G. FalinskiOther8.5M3Y notice
12 June 2026Richard GordonOther1.0M100k3Y notice
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3 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.