ELIXINOL WELLNESS LIMITED
ASX:EXLHousehold & Personal ProductsToday’s holders own 55.7% of what they think they own, once every option and right converts.
Share count grew 133% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
ELIXINOL WELLNESS LIMITED’s ordinary share count grew 132.9% between October 2024 and September 2026, its latest share-count filing. The share-count change figure is adjusted for the approximately 1-for-8 share consolidation that occurred in November 2024, giving an adjusted latest count of 454M shares. The company raised capital five times in that period for total disclosed proceeds of A$5.1M, most recently a A$1.8M placement in September 2025. Options and rights on issue could convert into 362M new shares, equal to 79.7% of the current share count, of which none are in the money; the nearest expiry is March 2027. Cash stands at 2 to 4 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in December 2026.
Quick answers · 4
Is EXL raising capital?
Elixinol Wellness has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $1.8M on 19 Sept 2025.
How much placement capacity does EXL 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 EXL have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Elixinol Wellness reported $927k of cash and estimated 3.1 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do EXL's options expire?
Unexercised options and rights equal 79.7% of Elixinol Wellness's shares on issue; the nearest expiry is Mar 2027.
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 |
|---|---|---|---|---|
| 27 Oct 2026 | 3H · cancellation | EXL : ORDINARY FULLY PAID | 454.1M | Appendix 3H |
| 17 Sept 2026 | 2A · quoted issue | EXL : ORDINARY FULLY PAID | 454.1M | Appendix 2A |
| 3 Sept 2026 | 2A · quoted issue | EXL : ORDINARY FULLY PAID | 438.2M | Appendix 2A |
| 31 Aug 2026 | 3G · unquoted | EXL : ORDINARY FULLY PAID | 414.0M | Appendix 3G |
| 15 Jan 2026 | 3H · cancellation | ORDINARY FULLY PAID | 414.0M | Appendix 3H |
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 · 0 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
An exercise price is on record for only 13.8% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.007 today. No more priced supply until 3× today’s price, which takes it to 50.0M (11.0% 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.
- 311.7M (86.2% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| EXLO | Options | Price-triggered, no exercise price stated | — | 22 Mar 2027 | 93.0M | Filing |
| EXLOA | Options | Price-triggered, no exercise price stated | — | 23 Oct 2027 | 218.8M | Filing |
| EXLAK | Options | Price-triggered | $0.020 | 23 Oct 2027 | 50.0M | 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.
- EXLACCondition-triggered36k securities → 027 Oct 2026 Appendix 2A
- EXLAHconvertible notes821k27 Oct 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | Natalie Butler | Sell incentive | 144k | — | 36k | — | 3Y notice |
| 18 June 2026 | Natalie Butler | Sell | 181k | — | 36k | — | 3Y notice |
| 1 June 2026 | Gavin Evans | Buy on-market | 497k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.