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 174% in 24 months; runway 2–4 quarters; 8 cash raises in 24 months
EBR SYSTEMS INC.'s ordinary share count increased 174.3% from September 2024 to August 2026, reaching 845M shares. The company undertook eight capital raises in the past 24 months, totalling A$352.0M, with the most recent being a A$150.0M Placement and Entitlement Offer in June 2026. Options and rights on issue could convert to 8M new shares, representing 0.9% of the current share count, with none currently in the money. An expiry date for these securities has not been disclosed. As of the June 2026 quarter, EBR SYSTEMS INC. reported A$99.9M in available cash, covering approximately 3.2 quarters of operations. No proposed securities issues are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 25 Aug 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 845.4M | Appendix 2A |
| 26 July 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 753.3M | Appendix 2A |
| 23 July 2026 | 3H · cancellation | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 753.2M | Appendix 3H |
| 23 July 2026 | 3G · unquoted | CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 753.2M | Appendix 3G |
| 29 June 2026 | 2A · quoted issue | EBR : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB | 753.2M | Appendix 2A |
Capital raises
8 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B 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 | — | — | 1.9M | Filing |
| EBRAI | Options | Price-triggered | — | — | 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.
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 12 Sept 2026.