EBR SYSTEMS INC.
ASX:EBRHealth Care Equipment & ServicesToday’s holders own 99.1% of what they think they own, once every option and right converts.
Share count grew 129% in 24 months; runway 2–4 quarters; 7 cash raises in 24 months
EBR SYSTEMS INC.'s ordinary share count grew 129.0% between October 2024 and October 2026, its latest share-count filing, to 845M shares. The company raised capital seven times in that period for total proceeds of A$302.0M, most recently a Placement and Entitlement Offer in June 2026 raising A$150.0M. Options and rights on issue could convert into 8M new shares, equal to 0.9% of the current share count, none of which are in the money; no expiry date for these securities is on record. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 3
When did EBR last raise capital?
The last capital raise in EBR Systems's filings is Placement and Entitlement Offer of $150.0M announced 4 June 2026, one of 4 cash raises in 24 months.
How many options and rights does EBR have outstanding?
Unexercised options and rights equal 0.9% of EBR Systems's shares on issue.
How much has EBR's share count grown?
EBR Systems has 845.5M shares on issue as at 28 Oct 2026, up 129.0% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 20 Oct 2026 | 3H · cancellation | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 845.5M | Appendix 3H |
| 19 Oct 2026 | 3G · unquoted | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 845.5M | Appendix 3G |
| 16 Oct 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 845.5M | Appendix 2A |
| 25 Aug 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 845.4M | Appendix 2A |
| 27 July 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 753.3M | Appendix 2A |
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
4 cash raises in the last 24 months · 1 in the last 12 months
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 7.9M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| EBRAH | Warrants | Price-triggered, no exercise price stated | — | — | 1.9M | Filing |
| EBRAI | Options | Price-triggered, no exercise price stated | — | — | 5.9M | 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 |
|---|---|---|---|---|---|---|---|
| 29 June 2026 | Bronwyn EVANS | Buy entitlement/SPP | 1.1M | 10k | — | — | 3Y notice |
| 15 June 2026 | Bronwyn EVANS | Buy on-market | 300k | — | — | $57k | 3Y notice |
| 7 May 2026 | Allan Will | Other | — | 42k | — | — | 3Y notice |
| 7 May 2026 | Bronwyn Evans | Other | — | 34k | — | — | 3Y notice |
| 7 May 2026 | Christopher Nave | Other | — | 34k | — | — | 3Y notice |
| 7 May 2026 | David Steinhaus | Other | — | 34k | — | — | 3Y notice |
| 7 May 2026 | John McCutcheon | Other | 11k | 188k | — | — | 3Y notice |
| 7 May 2026 | Karen Drexler | Other | — | 34k | — | — | 3Y notice |
| 7 May 2026 | Trevor Moody | Other | — | 34k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.