Companies / EIQ

ECHOIQ LIMITED

ASX:EIQSoftware & Services
739.3M shares on issueASX (delayed) · as of 28 July 2026$1.33price · delayed$972.2Mmarket cap · indicative
C
Dilution grade

Share count grew 38% in 24 months; 4 cash raises in 24 months; options/rights overhang 19% of shares

Cash runway64.8 quarters of funding
Share-count growth (24m)37.5%
Raise cadence (24m)4 cash raises
Options & rights overhang18.8% of shares
In-the-money supply11.9% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ECHOIQ LIMITED's ordinary share count grew 37.5% between June 2024 and July 2026, to 739M shares. The company raised capital four times in that period for total disclosed proceeds of A$147.6M, most recently a A$110.0M placement in June 2026. Options and rights on issue could convert into 139M new shares, equal to 18.8% of the current share count, of which 12% are in the money at the current share price; the nearest expiry is November 2026. At the June 2026 quarter the company reported A$227.6M in available cash, about 64.8 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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18.8%
Max option dilution
11.9%
ITM option dilution
3
Raises · last 12 months
64.8 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 739.3M per ASX (delayed) (28 July 2026).
620.2M663.9M707.7MDec 24Sept 25July 26Cash raise · 26 June 2026Cash raise · 25 June 2026Cash raise · 8 Aug 2025Cash raise · 5 May 2025

Cash runway

64.8 qtrs
More than four quarters of funding at the recent spend rate.
$227.6M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
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)

DateFormSecurityTotal on issue afterSource
22 July 20262A · quoted issueEIQ : ORDINARY FULLY PAID739.3MAppendix 2A
15 July 20262A · quoted issueEIQ : ORDINARY FULLY PAID737.8MAppendix 2A
15 July 20263G · unquotedEIQ : ORDINARY FULLY PAID736.7MAppendix 3G
6 July 20262A · quoted issueEIQ : ORDINARY FULLY PAID736.7MAppendix 2A
26 May 20263G · unquotedEIQ : ORDINARY FULLY PAID660.9MAppendix 3G
Paid plan
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 · 3 in the last 12 months

$110.0M
Placement
26 June 2026 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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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
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

18.8%
Total overhang · of current shares
11.9%
In the money · at current price
139.2M
Potential new shares
Nov 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
9 Apr 2026Mr Steve FormicaOther625k——3Y notice
9 Apr 2026Mr Andrew GroverOther1.0M——3Y notice
11 Mar 2026Mr Andrew GroverOther1.0M——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

27 July 2026Investor Webinar
26 July 2026$PQuarterly Activities Report & Appendix 4C Cashflow Report
22 July 2026Cleansing Notice
22 July 2026Application for quotation of securities - EIQ
15 July 2026Notification regarding unquoted securities - EIQ
15 July 2026Cleansing Notice
15 July 2026Application for quotation of securities - EIQ
10 July 2026Ceasing to be a substantial holder
6 July 2026Cleansing Notice
6 July 2026Application for quotation of securities - EIQ
1 July 2026$PExclusive Imaging Dataset Strengthens AI Competitive Moat
30 June 2026Proposed issue of securities - EIQ
30 June 2026$PEcho IQ Raises A$110m via Institutional Placement
28 June 2026$PTrading Halt
25 June 2026Proposed issue of securities - EIQ
24 June 2026$PBinding HOA secured with Pro Medicus Limited
22 June 2026Leadership team and clinical advisory network strengthened
19 June 2026Updated Securities Trading Policy
11 June 2026$PResearch collaboration secured with Mayo Clinic
9 June 2026Change of Address

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.