Companies / CYP

CYNATA THERAPEUTICS LIMITED

ASX:CYPPharmaceuticals, Biotechnology & Life Sciences
243.5M shares on issueASX (delayed) · snapshot 11 Sept 2026251.4M fully diluted+3.3% if every option and right converts$0.011price · delayed$2.7Mmarket cap · indicative

Today’s holders own 96.8% of what they think they own, once every option and right converts.

High
Dilution risk

Runway under 2 quarters; share count grew 35% in 24 months; 4 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway-0.4 quarters of funding
Share-count growth (24m)34.7%
Raise cadence (24m)4 cash raises
Options & rights overhang3.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

CYNATA THERAPEUTICS LIMITED's ordinary share count grew 34.7% between September 2024 and May 2026, to 243M shares. The company raised capital four times in the past 24 months for total disclosed proceeds of A$2.7M, most recently a A$1.5M placement in April 2026. Options and rights on issue could convert into 8M new shares, equal to 3.3% of the current share count, with the nearest expiry in November 2027. As of the June 2026 quarter, the company reported an available cash balance of A$-813K, representing approximately -0.4 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in October 2026.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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3.3%
Options & rights overhang
0.0%
In-the-money supply
2
Raises · last 12 months
-0.4 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 243.5M per ASX (delayed) (snapshot 11 Sept 2026).
180M200M220M240MDec 24Oct 25Sept 26Cash raise · 29 Apr 2026Cash raise · 22 Jan 2026Cash raise · 4 June 2025Cash raise · 3 Dec 2024243.5M

Cash runway

-0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-836k 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: $897k cash at quarter end (item 4.6), 0.4 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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15 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
10 Sept 20263H · cancellationCYP : ORDINARY FULLY PAID243.5MAppendix 3H
9 July 20263H · cancellationCYP : ORDINARY FULLY PAID243.5MAppendix 3H
7 May 20262A · quoted issueCYP : ORDINARY FULLY PAID243.5MAppendix 2A
6 Apr 20263H · cancellationCYP : ORDINARY FULLY PAID237.5MAppendix 3H
30 Nov 20253H · cancellationCYP : ORDINARY FULLY PAID237.5MAppendix 3H
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22 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 · 2 in the last 12 months

every 5.6 monthsaverage gap between raises
4.5 monthssince the most recent
3 Dec 202429 Apr 2026first to most recent in this window
$1.5M
Placement
29 Apr 2026 COMPLETE
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4 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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7 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.

About 78% of the 15% placement capacity left — about 22% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
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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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

3.3%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
8.0M
Potential new shares
Nov 2027
Nearest expiry
What a price move would switch on
4.0M8.0M$0.011 now0.25× today ($0.003) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.005) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.008) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.011) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.014) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.017) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.022) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.033) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.055) — 0 of the priced supply in the money, 0.0% of shares on issue10× today ($0.110) — 0 of the priced supply in the money, 0.0% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.011 today, 0 securities are in the money (0.0% of shares on issue). 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.
  • 8.0M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
CYPAROptionsPrice-triggered$0.5123 Nov 2027300kFiling
CYPASOptionsPrice-triggered$0.1830 June 20282.0MFiling
CYPAUOptionsPrice-triggered$0.2812 Sept 20281.0MFiling
CYPAEOptionsPrice-triggered$0.1820 Nov 20281.9MFiling
CYPAFOptionsPrice-triggered$0.2016 Jan 2029975kFiling
CYPATOptionsPrice-triggered$0.2917 Apr 20291.8MFiling

“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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6 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
29 Nov 2025Dr Darryl MaherSell117k220k3Y notice
29 Nov 2025Dr Geoffrey BrookeSell313k2.5M3Y notice
29 Nov 2025Dr Paul K WottonSell300k3Y notice
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13 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.