CONNEQT HEALTH LIMITED
ASX:CQTHealth Care Equipment & ServicesToday’s holders own 90.2% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 65% in 24 months; 6 cash raises in 24 months; since relisting as CQT; prior history under CDX not included
CONNEQT HEALTH LIMITED's figures cover only the period since it began trading as CQT in September 2025. It raised capital six times in the 24-month window, for total disclosed proceeds of A$15.0M, most recently a A$5.9M placement in June 2026. Options and rights on issue could convert into 111M new shares, equal to 10.9% of the current share count; none are in the money, and the nearest expiry falls in April 2027. The company's reported cash balance from its June 2026 quarterly would since have been exhausted at the then spend rate, and no later cash report is on record. No proposed securities issues are pending.
Quick answers · 4
When did CQT last raise capital?
The last capital raise in Conneqt Health's filings is Placement of $5.9M announced 19 June 2026, one of 6 cash raises in 24 months.
How much placement capacity does CQT have left?
About 97% of the 15% placement capacity left, about 3% 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 CQT have?
In its quarterly cash report for the quarter ended 30 June 2026, Conneqt Health reported $2.6M of cash and estimated 1.0 quarter of funding available at its current rate of spending. That is the company's own estimate.
When do CQT's options expire?
Unexercised options and rights equal 10.9% of Conneqt Health's shares on issue; the nearest expiry is Apr 2027.
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 |
|---|---|---|---|---|
| 25 Sept 2026 | 2A · quoted issue | CQT : ORDINARY FULLY PAID | 1.01B | Appendix 2A |
| 25 Sept 2026 | 2A · quoted issue | CQT : ORDINARY FULLY PAID | 924.3M | Appendix 2A |
| 25 Sept 2026 | 2A · quoted issue | CQT : ORDINARY FULLY PAID | 925.7M | Appendix 2A |
| 15 Sept 2026 | 3G · unquoted | CQT : ORDINARY FULLY PAID | 922.7M | Appendix 3G |
| 1 Sept 2026 | 3H · cancellation | CQT : ORDINARY FULLY PAID | 922.7M | Appendix 3H |
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 (1.01B) need not equal the current count above (1.02B).
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
6 cash raises in the last 24 months · 3 in the last 12 months · counted since relisting as CQT (22 Sept 2025); prior history under CDX is not included
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-triggered13.8M · 1.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered97.0M · 9.5% 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: 13.8M priced, 97.0M 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 12.5% 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 $0.010 today. No price up to ten times today’s switches on any more priced supply.
- 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.
- 97.0M (87.5% 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.
- 13.8M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| CQTAE | Options | Price-triggered | $0.50 | 26 Apr 2027 | 150k | Filing |
| CQTAR | Options | Price-triggered | $0.80 | 30 June 2027 | 1.3M | Filing |
| CQTAD | Options | Price-triggered | $0.50 | 16 Dec 2027 | 1.9M | Filing |
| CQTAA | Options | Price-triggered | $0.50 | 30 June 2028 | 1.8M | Filing |
| CQTAZ | Options | Price-triggered | $0.10 | 14 July 2030 | 8.7M | Filing |
| CQTAF | Performance rights | Condition-triggered | — | — | 97.0M | 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 |
|---|---|---|---|---|---|---|---|
| 2 Oct 2026 | Randall King Nelson | Sell | — | 1.0M | — | — | 3Y notice |
| 25 Sept 2026 | Charlie Taylor | Buy | 1.6M | — | — | $36k | 3Y notice |
| 25 Sept 2026 | Craig Cooper | Buy placement | 68.2M | — | — | $1.5M | 3Y notice |
| 25 Sept 2026 | Niall Cairns | Buy placement | 68.2M | — | — | $1.5M | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.