Companies / ELS

ELSIGHT LIMITED

ASX:ELSTechnology Hardware & Equipment
226.0M shares on issueASX (delayed) · snapshot 28 Oct 2026261.8M fully diluted+15.8% if every option and right converts$2.82price · delayed$666.8MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 86.3% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Share count grew 49% in 24 months; options/rights overhang 16% of shares; 10% of shares in the money

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway12+ quarters of funding
Share-count growth (24m)49.3%
Raise cadence (24m)1 cash raise
Options & rights overhang15.8% of shares
In-the-money supply9.7% of shares
Pending proposed issuesnone

ELSIGHT LIMITED’s ordinary share count grew 49.3% between July 2024 and October 2026, its latest share-count filing, to 226M shares. The company raised capital once in that period, a A$60.0M placement in July 2025. Options and rights on issue could convert into 36M new shares, equal to 15.8% of the current share count, of which 10% are in the money; the nearest expiry is December 2026. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 28 Oct 2026
Quick answers · 5

When did ELS last raise capital?

The last capital raise in Elsight's filings is Placement of $60.0M announced 23 July 2025, one of 1 cash raises in 24 months.

How much placement capacity does ELS have left?

None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How much cash does ELS have?

In its quarterly cash report for the quarter ended 30 Sept 2026, Elsight reported $85.1M of cash and estimated 15.5 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do ELS's options expire?

Unexercised options and rights equal 15.8% of Elsight's shares on issue; the nearest expiry is Dec 2026.

How much has ELS's share count grown?

Elsight has 226.0M shares on issue as at 28 Oct 2026, up 49.3% over 24 months according to its Appendix 2A filings.

Get told when this changes
Get ELS alerts
Free for up to 2 companies. A daily email when ELS raises money, files a new share issue, drops below 2 quarters of cash or moves risk level.
15.8%
Options & rights overhang
9.7%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
0
Raises · last 12 months
12+ 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 226.0M per ASX (delayed) (snapshot 28 Oct 2026).
150M175M200M225MDec 24Nov 25Oct 26Cash raise · 23 July 2025226.0M

Cash runway

12+ qtrs OURS
More than four quarters of funding at the recent spend rate.
More than three years of funding at the reported spend rate — far enough out that a dated estimate would be false precision.
$83.2M cash after burn.
FILED 15.5 qtrs · $85.1M cash · quarter ended 30 Sept 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$85.1M cash at 30 Sep 2026 − $1.9M spent ($6.0M a quarter × 28 days) = $83.2M left → 12+ qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
Free account
14 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 Sept 2026.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

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)

DateFormSecurityOn issue, per this filingSource
21 Oct 20262A · quoted issueELS : ORDINARY FULLY PAID226.0MAppendix 2A
8 Oct 20263H · cancellationELS : ORDINARY FULLY PAID222.6MAppendix 3H
8 Oct 20263G · unquotedELS : ORDINARY FULLY PAID222.6MAppendix 3G
18 Sept 20262A · quoted issueELS : ORDINARY FULLY PAID222.6MAppendix 2A
8 Sept 20262A · quoted issueELS : ORDINARY FULLY PAID222.6MAppendix 2A
Free account
59 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

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.

Free account
Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

Capital raises

1 cash raise in the last 24 months · 0 in the last 12 months

$60.0M
Placement
At $1.70, 11.7% below the last close
23 July 2025 COMPLETE
Free account
19 issues (incl. 17 exercises or conversions) on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

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.

2.7M of option supply could convert within 12 months — 1.2% of shares on issue
2.7M 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.
Free account
28 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-10-28).
Free account
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.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

15.8%
Options & rights overhang · of current shares
9.7%
In-the-money supply · at current price
35.8M
Potential new shares
Dec 2026
Nearest expiry
What a price move would switch on
17.9M35.8M$2.82 now0.25× today ($0.70) — 10.4M of the priced supply in the money, 4.6% of shares on issue0.5× today ($1.41) — 16.4M of the priced supply in the money, 7.3% of shares on issue0.75× today ($2.11) — 21.3M of the priced supply in the money, 9.4% of shares on issue1× today ($2.82) — 22.0M of the priced supply in the money, 9.7% of shares on issue1.25× today ($3.52) — 22.0M of the priced supply in the money, 9.7% of shares on issue1.5× today ($4.23) — 22.0M of the priced supply in the money, 9.7% of shares on issue2× today ($5.64) — 27.1M of the priced supply in the money, 12.0% of shares on issue3× today ($8.46) — 35.8M of the priced supply in the money, 15.8% of shares on issue5× today ($14.10) — 35.8M of the priced supply in the money, 15.8% of shares on issue10× today ($28.20) — 35.8M of the priced supply in the money, 15.8% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $2.82 today, 22.0M securities are in the money (9.7% of shares on issue). At double today’s price it is 27.1M (12.0% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
ELSAVOptionsPrice-triggered$0.4414 Dec 2026100kFiling
ELSAYOptionsPrice-triggered$0.4325 Apr 2027100kFiling
ELSAABOptionsPrice-triggered$0.3730 Aug 20272.2MFiling
ELSAAMOptionsPrice-triggered$0.4030 Sept 2027333kFiling
ELSAADOptionsPrice-triggered$0.3718 Jan 20285kFiling
ELSAAFOptionsPrice-triggered$0.3626 Mar 20292.7MFiling
ELSAAIOptionsPrice-triggered$0.6021 Aug 2029750kFiling
ELSAAJOptionsPrice-triggered$0.9021 Aug 20291.0MFiling
ELSAAKOptionsPrice-triggered$1.3021 Aug 20291.0MFiling
ELSAALOptionsPrice-triggered$1.8021 Aug 20291.3MFiling
ELSAAHOptionsPrice-triggered$0.3822 Aug 2029105kFiling
ELSAANOptionsPrice-triggered$0.3525 Feb 2030375kFiling
ELSAAVOptionsPrice-triggered$0.3531 Mar 20301.3MFiling
ELSAAWOptionsPrice-triggered$0.3720 Apr 2030470kFiling
ELSAAXOptionsPrice-triggered$0.6027 May 20302.0MFiling
ELSAAYOptionsPrice-triggered$0.9027 May 20302.0MFiling
ELSAAZOptionsPrice-triggered$1.3027 May 20302.0MFiling
ELSABAOptionsPrice-triggered$1.8027 May 20302.0MFiling
ELSABBOptionsPrice-triggered$1.6728 July 2030370kFiling
ELSABCOptionsPrice-triggered$1.9521 Aug 2030390kFiling
ELSABDOptionsPrice-triggered$1.8922 Sept 2030842kFiling
ELSAGOptionsPrice-triggered$2.545 Jan 2031705kFiling
ELSAAOptionsPrice-triggered$5.2925 Mar 20313.4MFiling
ELSACOptionsPrice-triggered$5.6025 Mar 20311.2MFiling
ELSAEOptionsPrice-triggered$7.1425 June 2031755kFiling
ELSAFOptionsPrice-triggered$5.1728 Sept 2031475kFiling
ELSADOptionsPrice-triggered$5.652 Apr 20331.3MFiling
ELSABOptionsPrice-triggered$5.652 Apr 20336.7MFiling

“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.

7 classes ceased in the last 12 months and are 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.
  • ELSAAOPrice-triggered775k securities → 021 Oct 2026 Appendix 2A
  • ELSAAPPrice-triggered600k securities → 021 Oct 2026 Appendix 2A
  • ELSAAQPrice-triggered600k securities → 021 Oct 2026 Appendix 2A
  • ELSAARPrice-triggered600k securities → 021 Oct 2026 Appendix 2A
  • ELSAASPrice-triggered175k securities → 021 Oct 2026 Appendix 2A
  • ELSAATPrice-triggered175k securities → 021 Oct 2026 Appendix 2A
  • ELSAAUPrice-triggered175k securities → 021 Oct 2026 Appendix 2A
Free account
28 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.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
12 June 2026Ami ShafranOther223k390k——3Y notice
12 June 2026David FurstenbergOther223k390k——3Y notice
12 June 2026Howard Andrew DigbyOther1.9M300k——3Y notice
Free account
6 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Unlock ELS freeSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

28 Oct 2026Investor Webinar Presentation
28 Oct 2026$PQuarterly Activity Report and Appendix 4C
27 Oct 2026Investor Webinar
21 Oct 2026Change in substantial holding
21 Oct 2026Cleansing Notice
21 Oct 2026Application for quotation of securities - ELS
20 Oct 2026Becoming a substantial holder
20 Oct 2026Change in substantial holding
13 Oct 2026Becoming a substantial holder
12 Oct 2026Ceasing to be a substantial holder
9 Oct 2026Change in substantial holding
8 Oct 2026Notification regarding unquoted securities - ELS
8 Oct 2026Notification of cessation of securities - ELS
7 Oct 2026Ceasing to be a substantial holder
24 Sept 2026Becoming a substantial holder
24 Sept 2026Becoming a substantial holder
22 Sept 2026Ceasing to be a substantial holder
22 Sept 2026Becoming a substantial holder
18 Sept 2026Cleansing Notice
18 Sept 2026Application for quotation of securities - ELS

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