Companies / FAU

FIRST AU LIMITED

ASX:FAUMaterials

3.76B shares on issueAppendix 2A · as of 24 July 2026$0.006price · delayed$25.5Mmarket cap · indicative

Dilution grade

Share count grew 108% in 24 months; 7 cash raises in 24 months; options/rights overhang 9% of shares

Cash runway8.7 quarters of funding

Share-count growth (24m)107.7%

Raise cadence (24m)7 cash raises

Options & rights overhang9.0% of shares

In-the-money supply0.5% of shares

Pending proposed issuesopen proposed issue (Appendix 3B)

FIRST AU LIMITED's ordinary share count grew 107.7% between August 2024 and July 2026, to 3.76B shares. The company raised capital seven times in that period for total disclosed proceeds of A$17.7M, most recently a A$5.6M placement in January 2026. Options and rights on issue could convert into 339M new shares, equal to 9.0% of the current share count, none of which are in the money at the current share price; the nearest expiry is May 2027. At the June 2026 quarter the company reported A$4.0M in available cash, about 8.7 quarters of funding at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest proposed date is July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026

9.0%

Max option dilution

0.5%

ITM option dilution

Raises · last 12 months

8.7 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 3.76B per Appendix 2A (24 July 2026).

Cash runway

8.7 qtrs

More than four quarters of funding at the recent spend rate.

$4.0M 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.

Join the waitlist

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

Date	Form	Security	Total on issue after	Source
24 July 2026	3G · unquoted	FAU : ORDINARY FULLY PAID	3.64B	Appendix 3G
24 July 2026	2A · quoted issue	FAU : ORDINARY FULLY PAID	3.76B	Appendix 2A
1 July 2026	3G · unquoted	FAU : ORDINARY FULLY PAID	3.64B	Appendix 3G
29 June 2026	3G · unquoted	FAU : ORDINARY FULLY PAID	3.43B	Appendix 3G
26 June 2026	2A · quoted issue	FAU : ORDINARY FULLY PAID	3.49B	Appendix 2A

Paid plan

Full issuance history

Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).

Join the waitlist

Capital raises

7 cash raises in the last 24 months · 3 in the last 12 months

$5.6M

Placement

28 Jan 2026 COMPLETE

Paid plan

Full raise history

Issue price, discount, brokers, purpose and tranche detail for every raise on record.

Join the waitlist

Pending proposed issues

2 proposed issues 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.

Join the waitlist

Options & convertible securities

9.0%

Total overhang · of current shares

0.5%

In the money · at current price

339.0M

Potential new shares

May 2027

Nearest expiry

Paid plan

Per-line options & expiry cliffs

Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.

Join the waitlist

Director dealings

Date	Director	Type	Shares	Options	Value	Source
26 June 2026	Daniel Raihani	Buy	35.0M	17.5M	$350k	3Y notice
26 June 2026	Piers Lewis	Buy	10.0M	5.0M	$100k	3Y notice
20 Mar 2026	Daniel Raihani	Other	45.0M	—	—	3Y notice