Companies / GCI

GRYPHON CAPITAL INCOME TRUST

ASX:GCINot Applic
636.0M shares on issueASX (delayed) · snapshot 11 Sept 2026636.0M fully diluted+0.0% if every option and right converts$2.04price · delayed$1.30Bmarket cap · indicative
High
Dilution risk

Share count grew 90% in 24 months; 7 cash raises in 24 months; proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)89.5%
Raise cadence (24m)7 cash raises
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

GRYPHON CAPITAL INCOME TRUST's ordinary share count grew 89.5% between June 2024 and February 2026, to 636M shares. The company raised capital seven times in the past 24 months for total disclosed proceeds of A$835.3M, most recently a A$86.2M placement proposed for September 2026. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in September 2026. The company does not have a current quarterly cash report on record, so no available cash or funding-runway figure is disclosed on that basis.

AI-generated summary of this page's cited filings · updated 8 Sept 2026
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0.0%
Options & rights overhang
0.0%
In-the-money supply
4
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 636.0M per ASX (delayed) (snapshot 11 Sept 2026).
450M500M550M600M650MDec 24Oct 25Sept 26Cash raise · 20 Feb 2026Cash raise · 20 Feb 2026Cash raise · 7 Oct 2025Cash raise · 27 Aug 2025Cash raise · 21 Feb 2025636.0M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
26 Feb 20262A · quoted issueGCI : ORDINARY UNITS FULLY PAID636.0MAppendix 2A
5 Nov 20252A · quoted issueGCI : ORDINARY UNITS FULLY PAID590.5MAppendix 2A
1 Sept 20252A · quoted issueGCI : ORDINARY UNITS FULLY PAID561.8MAppendix 2A
4 Apr 20252A · quoted issueGCI – ORDINARY UNITS FULLY PAID524.3MAppendix 2A
1 Apr 20252A · quoted issueGCI – ORDINARY UNITS FULL PAID446.5MAppendix 2A
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11 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

7 cash raises in the last 24 months · 4 in the last 12 months

every 4.6 monthsaverage gap between raises
0.1 monthssince the most recent
7 Oct 20248 Sept 2026first to most recent in this window
$86.3M
Placement
8 Sept 2026 ACTIVE
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7 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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1 dated event on record — 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 estimatethe filings already exceed 15% of the share count we can measure, which means securities were added to the base during the year that we cannot see.
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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

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.
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Options & convertible securities

No options or rights over unissued shares on record.

Director dealings

No director dealing notices (Appendix 3Y) on record.
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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.