Companies / FLC

FLUENCE CORPORATION LIMITED

ASX:FLCUtilities
1.15B shares on issueASX (delayed) · snapshot 28 Oct 20261.33B fully diluted+15.9% if every option and right converts$0.058price · delayed$68.7MMarket 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.

Low
Dilution risk

Options/rights overhang 16% of shares; share count grew 6% in 24 months; proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)6.0%
Raise cadence (24m)0 cash raises
Options & rights overhang15.9% of shares
In-the-money supply2.8% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

FLUENCE CORPORATION LIMITED's ordinary share count grew 6.0% between June 2024 and August 2026, its latest share-count filing, to 1.15B shares. The company did not raise capital through any cash placement, rights issue or share purchase plan in the past 24 months. Options and rights on issue could convert into 182M new shares, representing 15.9% of the current share count, of which 3% are in the money at the current share price; the nearest expiry is January 2027. Its latest June 2026 quarterly cash report shows non-negative net cash flow, so no funding-runway figure applies. One proposed securities issue (Appendix 3B) is pending with an expected issue date in October 2026.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 4

Is FLC raising capital?

Fluence Corporation has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026.

How much placement capacity does FLC 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.

When do FLC's options expire?

Unexercised options and rights equal 15.9% of Fluence Corporation's shares on issue; the nearest expiry is Jan 2027.

How much has FLC's share count grown?

Fluence Corporation has 1.15B shares on issue as at 28 Oct 2026, up 6.0% over 24 months according to its Appendix 2A filings.

Get told when this changes
Get FLC alerts
Free for up to 2 companies. A daily email when FLC raises money, files a new share issue, drops below 2 quarters of cash or moves risk level.
15.9%
Options & rights overhang
2.8%
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
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.15B per ASX (delayed) (snapshot 28 Oct 2026).
1.100B1.125B1.150BDec 24Nov 25Oct 261.15B

Cash runway

—
The latest quarterly cash report shows no net cash burn, so there is no cash-out date.
$15.9M cash after burn.
FILED $15.9M cash · quarter ended 30 June 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.$15.9M cash at 30 Jun 2026 = $15.9M left (no net burn, so nothing is deducted)FILED 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 June 2026.
Free account: 2 full company unlocks every month, no card.
Unlock FLC 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
6 Oct 20263H · cancellationFLC : ORDINARY FULLY PAID1.15BAppendix 3H
7 Aug 20262A · quoted issueFLC : ORDINARY FULLY PAID1.15BAppendix 2A
28 July 20263G · unquotedFLC : ORDINARY FULLY PAID1.14BAppendix 3G
1 July 20263H · cancellationFLC : ORDINARY FULLY PAID1.14BAppendix 3H
3 June 20263G · unquotedFLC : ORDINARY FULLY PAID1.14BAppendix 3G
Free account
33 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 FLC 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 FLC freeSee plans

Capital raises

No equity raises in the last 24 months.
Free account
3 issues (incl. 1 exercise or conversion) 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 FLC 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.

Free account
18 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 FLC 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 FLC freeSee plans

Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
Unlocks on a paid plan
See plans

Options & convertible securities

15.9%
Options & rights overhang · of current shares
2.8%
In-the-money supply · at current price
182.4M
Potential new shares
Jan 2027
Nearest expiry
What a price move would switch on
91.2M182.4M$0.058 now0.25× today ($0.015) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.029) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.044) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.058) — 32.0M of the priced supply in the money, 2.8% of shares on issue1.25× today ($0.073) — 32.0M of the priced supply in the money, 2.8% of shares on issue1.5× today ($0.087) — 49.0M of the priced supply in the money, 4.3% of shares on issue2× today ($0.116) — 103.5M of the priced supply in the money, 9.0% of shares on issue3× today ($0.174) — 104.0M of the priced supply in the money, 9.1% of shares on issue5× today ($0.290) — 165.4M of the priced supply in the money, 14.4% of shares on issue10× today ($0.580) — 165.4M of the priced supply in the money, 14.4% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.058 today, 32.0M securities are in the money (2.8% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 49.0M (4.3% 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.
  • 17.0M (9.3% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
FLCAUOptionsPrice-triggered$0.181 Jan 20271.1MFiling
FLCATOptionsPrice-triggered$0.221 Jan 202725kFiling
FLCAWOptionsPrice-triggered$0.2214 Mar 202720.9MFiling
FLCAXOptionsPrice-triggered$0.2414 Mar 20272.1MFiling
FLCAYOptionsPrice-triggered$0.2614 Mar 20271.6MFiling
FLCAZOptionsPrice-triggered$0.2814 Mar 20273.0MFiling
FLCAQOptionsPrice-triggered$0.1722 Mar 2027500kFiling
FLCAVOptionsPrice-triggered$0.2231 Mar 202712.5MFiling
FLCAABOptionsPrice-triggered$0.1915 Jan 202813.0MFiling
FLCAACOptionsPrice-triggered$0.2315 Jan 20287.2MFiling
FLCAAGOptionsPrice-triggered$0.1020 Dec 203019.5MFiling
FLCAAFOptionsPrice-triggered$0.1031 Jan 203116.5MFiling
FLCAAJOptionsPrice-triggered$0.08217 Dec 203217.0MFiling
FLCAAIOptionsPrice-triggered$0.1217 Dec 203212.0MFiling
FLCABOptionsPrice-triggered$0.05430 Dec 203232.0MFiling
FLCAAHOptionsPrice-triggered$0.1031 Dec 20323.0MFiling
FLCAAKOptionsPrice-triggered$0.1230 May 20333.5MFiling
FLCAIOptionsPrice-triggered, no exercise price stated——17.0MFiling

“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.

Free account
18 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 FLC freeSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
2 Sept 2026Benjamin FashBuy on-market2.3M52.0M—$64k3Y notice
7 Aug 2026Douglas BrownOther742k——$63k3Y notice
7 Aug 2026Nikolaus Egon Moritz OldendorffOther285k——$24k3Y notice
7 Aug 2026Norman Mel AshtonOther184k——$16k3Y notice
7 Aug 2026Paul DonnellyOther181k——$15k3Y notice
Free account
31 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 FLC 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

22 Oct 2026Results of Extraordinary General Meeting
15 Oct 2026Quarterly Business Update Call Details
6 Oct 2026Notification of cessation of securities - FLC
5 Oct 2026Change in substantial holding
18 Sept 2026Notice of Extraordinary General Meeting/Proxy Form
18 Sept 2026Proposed issue of securities - FLC
11 Sept 2026Becoming a substantial holder
8 Sept 2026Change of Director's Interest Notice
31 Aug 2026$PAppendix 4D and Half Year Accounts
14 Aug 2026Investor Presentation
7 Aug 2026Change of Director's Interest Notices x 4
7 Aug 2026Cleansing Notice
7 Aug 2026Application for quotation of securities - FLC
31 July 2026Change of Company Secretary
31 July 2026$PFluence Q2 2026 Update Investor Presentation
31 July 2026$PFluence Q2 2026 Business Update
31 July 2026$PAppendix 4C - Quarterly
28 July 2026Notification regarding unquoted securities - FLC
17 July 2026Quarterly Business Update Call Details
6 July 2026$PFluence wins US $3.7M Desal Contracts in Vietnam

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