Companies / DAI

DECIDR AI INDUSTRIES LTD

ASX:DAIFood, Beverage & Tobacco
352.5M shares on issueASX (delayed) · snapshot 11 Sept 2026407.9M fully diluted+15.7% if every option and right converts$0.30price · delayed$105.7Mmarket cap · indicative

Today’s holders own 86.4% of what they think they own, once every option and right converts.

Very high
Dilution riskprovisional — limited history

Share count grew 105% in 24 months; runway 2–4 quarters; 7 cash raises in 24 months; since relisting as DAI; prior history under LV1 not included

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway2.5 quarters of funding
Share-count growth (24m)105.0%since relisting as DAI; prior history under LV1 not included
Raise cadence (24m)7 cash raisessince relisting as DAI; prior history under LV1 not included
Options & rights overhang15.7% of shares
In-the-money supply5.9% of shares
Pending proposed issuesnone

DECIDR AI INDUSTRIES LTD's ordinary share count grew 105.0% between April 2025 and August 2026, to 352M shares, reflecting a period of significant issuance. The company completed seven capital raises in the past 24 months, with total disclosed proceeds of A$46.0M. The most recent raise was a A$15.0M placement in May 2026. Options and rights on issue could convert into 55M new shares, representing 15.7% of the current share count. Of these, 6% are in the money, with the nearest expiry in December 2026. At the June 2026 quarter, the company reported A$17.6M in available cash, providing approximately 2.5 quarters of funding based on recent expenditure. There are no proposed securities issues pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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15.7%
Options & rights overhang
5.9%
In-the-money supply
2
Raises · last 12 months
2.5 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Shown since relisting as DAI (10 Mar 2025); prior history under LV1 is not included. Latest count 352.5M per ASX (delayed) (snapshot 11 Sept 2026).
150M200M250M300M350MMar 25Dec 25Sept 26Cash raise · 4 May 2026Cash raise · 18 Sept 2025Cash raise · 8 Sept 2025Cash raise · 30 Apr 2025Cash raise · 4 Apr 2025Cash raise · 1 Apr 2025Cash raise · 20 Mar 2025352.5M

Cash runway

2.5 qtrs
Two to four quarters of funding at the recent spend rate.
Funds operations to about Feb 2027 at the reported spend rate.
$17.5M 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: $23.4M cash at quarter end (item 4.6), 3.3 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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7 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
4 Aug 20262A · quoted issueDAI : ORDINARY FULLY PAID352.5MAppendix 2A
10 July 20263G · unquotedDAI : ORDINARY FULLY PAID352.2MAppendix 3G
10 July 20263H · cancellationDAI : ORDINARY FULLY PAID352.2MAppendix 3H
22 June 20262A · quoted issueDAI : ORDINARY FULLY PAID352.2MAppendix 2A
3 June 20262A · quoted issueDAI : ORDINARY FULLY PAID352.1MAppendix 2A
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43 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

7 cash raises in the last 24 months · 2 in the last 12 months · counted since relisting as DAI (10 Mar 2025); prior history under LV1 is not included

every 2.2 monthsaverage gap between raises
4.3 monthssince the most recent
20 Mar 2025 – 4 May 2026first to most recent in this window
$15.0M
Placement
4 May 2026 COMPLETE
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16 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.

20.9M of option supply could convert within 12 months — 5.9% of shares on issue
20.9M in the money, expiring in the window
Out-of-the-money options are excluded — at today’s price they expire rather than convert. So is condition-triggered supply, which has no expiry and no price, and convertibles that convert on their own terms rather than on a date.
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18 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 45% of the 15% placement capacity left — about 55% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

15.7%
Options & rights overhang · of current shares
5.9%
In-the-money supply · at current price
55.4M
Potential new shares
Dec 2026
Nearest expiry
What this supply is, and what converts it
  • Price-triggered52.3M · 14.9% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered3.0M · 0.9% 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: 52.3M priced (of which 20.9M in the money), 3.0M 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.

What a price move would switch on
27.7M55.4M$0.30 now0.25× today ($0.07) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.15) — 20.9M of the priced supply in the money, 5.9% of shares on issue0.75× today ($0.22) — 20.9M of the priced supply in the money, 5.9% of shares on issue1× today ($0.30) — 20.9M of the priced supply in the money, 5.9% of shares on issue1.25× today ($0.38) — 20.9M of the priced supply in the money, 5.9% of shares on issue1.5× today ($0.45) — 20.9M of the priced supply in the money, 5.9% of shares on issue2× today ($0.60) — 20.9M of the priced supply in the money, 5.9% of shares on issue3× today ($0.90) — 26.7M of the priced supply in the money, 7.6% of shares on issue5× today ($1.50) — 28.3M of the priced supply in the money, 8.0% of shares on issue10× today ($3.00) — 44.8M of the priced supply in the money, 12.7% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.30 today, 20.9M securities are in the money (5.9% of shares on issue). No more priced supply until 3× today’s price, which takes it to 26.7M (7.6% 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.
  • 3.0M (5.5% 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.
  • 7.5M 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
DAIAMOptionsPrice-triggered$0.1029 Dec 20267.3MFiling
DAIANOptionsPrice-triggered$0.105 Jan 20272.0MFiling
DAIAQOptionsPrice-triggered$0.7512 June 20273.0MFiling
DAIAROptionsPrice-triggered$0.1027 June 202711.6MFiling
DAIAWOptionsPrice-triggered$0.7518 Dec 20271.0MFiling
DAIAXOptionsPrice-triggered$0.7529 Dec 20271.5MFiling
DAIAZOptionsPrice-triggered$0.7517 Jan 2028200kFiling
DAIAAAOptionsPrice-triggered$1.0017 Jan 2028250kFiling
DAIAYOptionsPrice-triggered$1.2017 Jan 20281.0MFiling
DAIAABOptionsPrice-triggered$1.001 Mar 2028250kFiling
DAIABOptionsPrice-triggered$1.5018 Nov 20283.0MFiling
DAIASOptionsPrice-triggered$1.5018 Dec 20293.0MFiling
DAIAUOptionsPrice-triggered$2.0018 Dec 20294.5MFiling
DAIAVOptionsPrice-triggered$2.5018 Dec 20296.0MFiling
DAIATOptionsPrice-triggered$3.5018 Dec 20297.5MFiling
DAIACOptionsPrice-triggered$0.7524 Apr 2030150kFiling
DAIADOptionsPrice-triggered$1.0024 Apr 2030125kFiling
DAIAEOptionsPrice-triggered$1.5024 Apr 203020kFiling
DAIAAPerformance rightsCondition-triggered——3.0MFiling

“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.

1 class ceased in the last 12 months and is not counted above
The company’s own Appendix 2A restates each of these at zero. They are excluded from the overhang, the in-the-money supply and every figure on this page. Each count is the filing’s own count of securities in the class, not a share count — a 2A never states what one security converts into.
  • DAIAPPrice-triggered246k securities → 019 May 2026 Appendix 2A
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19 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
18 Nov 2025Adrian BunterOther incentive—1.5M——3Y notice
18 Nov 2025Jenny FieldingOther incentive—1.5M——3Y notice
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2 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

10 Sept 2026Change of Director's Interest Notice
30 Aug 2026$PFY26 Preliminary Results & Year in Review
30 Aug 2026$PPreliminary Final Report
17 Aug 2026Sugarwork Appoints CEO
5 Aug 2026Q4 FY26 Investor Webinar Presentation
4 Aug 2026Cleansing Notice
4 Aug 2026Application for quotation of securities - DAI
30 July 2026$PJune 2026 Quarterly Business Review & Appendix 4C
13 July 2026Operational Update
10 July 2026Notification of cessation of securities - DAI
10 July 2026Notification regarding unquoted securities - DAI
2 July 2026Decidr joins AWS ISV Accelerate Program
22 June 2026Cleansing Notice
22 June 2026Application for quotation of securities - DAI
3 June 2026Cleansing Notice
3 June 2026Application for quotation of securities - DAI
24 May 2026Decidr Partners w SCXai for Sovereign Inference in Australia
19 May 2026Cleansing Notice
19 May 2026Application for quotation of securities - DAI
17 May 2026Change in substantial holding

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