GRYPHON CAPITAL INCOME TRUST

ASX:GCIFund / trust

679.1M shares on issueASX (delayed) · snapshot 28 Oct 2026679.1M fully diluted+0.0% if every option and right converts$2.00price · delayed$1.36BMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Moderate

Dilution risk

Share count grew 102% in 24 months; 5 cash raises in 24 months

Absolute levels — not a ranking against other companies.

Cash runwayno data — a bank, lender, insurer, property or investment vehicle: operating cash flow is not a spend rate, so no funding runway applies

Share-count growth (24m)102.4%

Raise cadence (24m)5 cash raises

Options & rights overhang0.0% of shares

In-the-money supply0.0% of shares

Pending proposed issuesnone

GRYPHON CAPITAL INCOME TRUST's ordinary share count grew 102.4% between June 2024 and September 2026, its latest share-count filing, to 679M shares. Over the past 24 months the trust raised capital five times for total proceeds of A$576.6M, most recently a A$86.3M placement in September 2026. No options or rights overhang data is disclosed. As a bank, lender, insurer, property or investment vehicle, the trust's operating cash flow is not a spend rate, so no funding-runway figure applies. There are no pending proposed securities issues.

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

Quick answers · 2

When did GCI last raise capital?

The last capital raise in Gryphon Capital Income Trust's filings is Placement of $86.3M announced 8 Sept 2026, one of 5 cash raises in 24 months.

How much has GCI's share count grown?

Gryphon Capital Income Trust has 679.1M shares on issue as at 28 Oct 2026, up 102.4% over 24 months according to its Appendix 2A filings.

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0.0%

Options & rights overhang

0.0%

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

Raises · last 12 months

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Cash cover · no runway frame

Shares on issue — last 2 years

Ordinary shares on issue

Weekly counts from ASX records. Dots mark cash capital raises. Latest count 679.1M per ASX (delayed) (snapshot 28 Oct 2026).

Cash runway

No cash runway. This company is a bank, lender, insurer, property or investment vehicle: its operating cash flow is loans, deposits, inventory or portfolio purchases rather than a spend rate, so a funding runway does not apply.

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 Sept 2026	2A · quoted issue	GCI : ORDINARY UNITS FULLY PAID	679.1M	Appendix 2A
27 Feb 2026	2A · quoted issue	GCI : ORDINARY UNITS FULLY PAID	636.0M	Appendix 2A
6 Nov 2025	2A · quoted issue	GCI : ORDINARY UNITS FULLY PAID	590.5M	Appendix 2A
2 Sept 2025	2A · quoted issue	GCI : ORDINARY UNITS FULLY PAID	561.8M	Appendix 2A
4 Apr 2025	2A · quoted issue	GCI – ORDINARY UNITS FULLY PAID	524.3M	Appendix 2A

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12 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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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.

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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.

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Capital raises

5 cash raises in the last 24 months · 2 in the last 12 months

every 4.6 monthsaverage gap between raises

1.6 monthssince the most recent

24 Feb 2025 – 8 Sept 2026first to most recent in this window

$86.3M

Placement

At $2.00, 2.4% below the last close

8 Sept 2026 COMPLETE

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6 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 / 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 estimate — the filings already exceed 15% of the share count we can measure, which means securities were added to the base during the year, or holders ratified an issue, in a way we cannot match.

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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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