Companies / EYE

NOVA EYE MEDICAL LIMITED

ASX:EYEHealth Care Equipment & Services
284.9M shares on issueASX (delayed) · snapshot 11 Sept 2026284.9M fully diluted+0.0% if every option and right converts$0.14price · delayed$38.5Mmarket cap · indicative
Moderate
Dilution risk

Runway 2–4 quarters; share count grew 24% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway2.8 quarters of funding
Share-count growth (24m)24.4%
Raise cadence (24m)1 cash raise
Options & rights overhang0.0% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

NOVA EYE MEDICAL LIMITED's ordinary share count grew 24.4% between August 2024 and July 2026, to 285M shares. The company raised capital once in the past 24 months, with a A$6.6M placement in January 2025. Options and rights on issue represent 0% of the current share count. At the June 2026 quarter, the company reported A$747K in available cash, covering approximately 2.8 quarters of its recent spending rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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0.0%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
2.8 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 284.9M per ASX (delayed) (snapshot 11 Sept 2026).
225M250M275MDec 24Oct 25Sept 26Cash raise · 31 Jan 2025284.9M

Cash runway

2.8 qtrs
Two to four quarters of funding at the recent spend rate.
Funds operations to about Feb 2027 at the reported spend rate.
$744k cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $964k cash at quarter end (item 4.6), 18.5 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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8 quarters on record — 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)

DateFormSecurityOn issue, per this filingSource
5 Aug 20263H · cancellationEYE : ORDINARY FULLY PAID284.9MAppendix 3H
10 July 20262A · quoted issueEYE : ORDINARY FULLY PAID284.9MAppendix 2A
25 June 20263H · cancellationEYE : ORDINARY FULLY PAID284.9MAppendix 3H
25 June 20263H · cancellationEYE : ORDINARY FULLY PAID284.9MAppendix 3H
6 May 20262A · quoted issueEYE : ORDINARY FULLY PAID284.9MAppendix 2A
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37 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

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

$6.6M
Placement
31 Jan 2025
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4 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

0.0%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
49k
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 49k of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
EYEACPerformance rightsCondition-triggered49kFiling Meeting

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

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1 option line 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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
27 Aug 2026Thomas Anthony SpurlingBuy on-market160k$117k3Y notice
1 Sept 2025Thomas Anthony SpurlingBuy off-market78k3Y notice
4 Aug 2025Thomas Anthony SpurlingOther incentive300k3Y notice
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7 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.