FATFISH GROUP LIMITED
ASX:FFGFinancial ServicesSuspended from quotationToday’s holders own 79.7% of what they think they own, once every option and right converts.
Not rated — the company is suspended from quotation
This company is suspended from ASX quotation. Scoring is paused until it resumes trading. Not rated means no assessment — not low risk.
Between May 2024 and January 2025, its latest share-count filing, FATFISH GROUP LIMITED's ordinary shares grew 10.5% to 1.55B. The company conducted one capital raise in the period: a A$150K Placement (Convertible Notes) in January 2026. Options and rights on issue could convert into 397M new shares, a 25.5% overhang, with no in-the-money options and the nearest expiry in April 2027. The company no longer lodges quarterly cash reports, so no funding runway figure applies. No proposed securities issues are pending.
Quick answers · 4
When did FFG last raise capital?
The last capital raise in Fatfish Group's filings is Placement (Convertible Notes) of $150k announced 8 Jan 2026, one of 1 cash raises in 24 months.
How much placement capacity does FFG have left?
About 91% of the 15% placement capacity left, about 9% used in 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.
When do FFG's options expire?
Unexercised options and rights equal 25.5% of Fatfish Group's shares on issue; the nearest expiry is Apr 2027.
How much has FFG's share count grown?
Fatfish Group has 1.55B shares on issue as at 28 Oct 2026, up 10.5% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 15 Jan 2026 | 3G · unquoted | FFG : ORDINARY FULLY PAID | 1.55B | Appendix 3G |
| 20 Jan 2025 | 2A · quoted issue | FFG : ORDINARY FULLY PAID | 1.55B | Appendix 2A |
| 29 Nov 2024 | 2A · quoted issue | FFG : ORDINARY FULLY PAID | 1.55B | Appendix 2A |
| 26 Nov 2024 | 2A · quoted issue | FFG : ORDINARY FULLY PAID | 1.42B | Appendix 2A |
| 1 May 2024 | 2A · quoted issue | FFG : ORDINARY FULLY PAID | 1.41B | Appendix 2A |
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
1 cash raise in the last 24 months · 1 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
- Price-triggered325.0M · 20.9% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 305.0M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered71.8M · 4.6% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 20.0M priced, 376.8M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 5.0% 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 10.0M (0.6% 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.
- 376.8M (95.0% 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 |
|---|---|---|---|---|---|---|
| FFGO | Options | Price-triggered, no exercise price stated | — | 11 Apr 2027 | 285.8M | Filing |
| FFGAF | Options | Price-triggered | $0.020 | 11 Apr 2027 | 10.0M | Filing |
| FFGAG | Options | Price-triggered | $0.022 | 11 Apr 2027 | 10.0M | Filing |
| FFGAN | Options | Price-triggered, no exercise price stated | — | — | 500k | Filing |
| FFGAK | Options | Price-triggered, no exercise price stated | — | — | 18.7M | Filing |
| FFGAM | Performance rights | Condition-triggered | — | — | 71.8M | Filing 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. For what expires soon across other listed companies, see the options expiry calendar.
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.
- —convertible notes75k15 Jan 2026 Appendix 2A
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.