IMRICOR MEDICAL SYSTEMS INC.

ASX:IMRHealth Care Equipment & Services

358.5M shares on issueASX (delayed) · snapshot 11 Sept 2026399.7M fully diluted+11.5% if every option and right converts$1.81price · delayed$649.0Mmarket cap · indicative

Today’s holders own 89.7% of what they think they own, once every option and right converts.

Low

Dilution risk

Share count grew 33% in 24 months; 2 cash raises in 24 months; options/rights overhang 12% of shares

Absolute levels — not a ranking against other companies.

Cash runway8.7 quarters of funding

Share-count growth (24m)32.7%

Raise cadence (24m)2 cash raises

Options & rights overhang11.5% of shares

In-the-money supplyno data — no exercise price on record

Pending proposed issuesnone

IMRICOR MEDICAL SYSTEMS INC.'s ordinary share count grew 32.7% between September 2024 and July 2026, reaching 359M shares. In the past 24 months, the company conducted two capital raises totalling A$130.0M, with the most recent being a A$60.0M placement in April 2026. There are 41M potential new shares from options on issue, representing 11.5% of the current share count; none of these options are currently in the money. No filing on record states an expiry date for these securities. As of the June 2026 quarter, the company held A$80.6M in cash, providing approximately 8.7 quarters of cover. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026

Get told when this changes

Set up alerts

Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.

11.5%

Options & rights overhang

—

In-the-money supply · no stated strikes

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 358.5M per ASX (delayed) (snapshot 11 Sept 2026).

Cash runway

8.7 qtrs

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

Funds operations to about Aug 2028 at the reported spend rate.

$80.5M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $88.1M cash at quarter end (item 4.6). Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.

Free account

15 quarters on record — Cash runway history

Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.

Free account: 2 full company unlocks every month, no card.

Create free account See plans

Issuance timeline

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

Date	Form	Security	On issue, per this filing	Source
14 July 2026	3G · unquoted	IMR : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB	358.5M	Appendix 3G
13 July 2026	2A · quoted issue	IMR : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB	358.5M	Appendix 2A
20 May 2026	3G · unquoted	IMR : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB	353.5M	Appendix 3G
20 May 2026	3H · cancellation	IMR : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB	353.5M	Appendix 3H
19 May 2026	3G · unquoted	IMR : CDI 1:1 US PERSON PROHIBITED EXCLUDING QIB	353.5M	Appendix 3G

Free account

39 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.

Create free account See plans

Capital raises

2 cash raises in the last 24 months · 1 in the last 12 months

every 13.5 monthsaverage gap between raises

4.5 monthssince the most recent

14 Mar 2025 – 29 Apr 2026first to most recent in this window

$60.0M

Placement

29 Apr 2026 COMPLETE

Free account

6 raises 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.

Create free account See 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

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.

Create free account See plans

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.

About 33% of the 15% placement capacity left — about 67% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.

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.

Create free account See plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

11.5%

Options & rights overhang · of current shares

—

In-the-money supply · no stated strikes

41.2M

Potential new shares

—

Nearest expiry

What this supply is, and what converts it

Price-triggered41.2M · 11.5% of shares
Options and warrants — they convert when the share price clears their exercise price.
No exercise price is on record for any of it, so none of it can be called in or out of the money.
Converts on terms2 · 0.0% of shares
Convertibles with no exercise price — they convert on their own terms, so they are shares in all but name.

Exercise price on record: 0 priced, 41.2M 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.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 41.2M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

Code	Security	Type	Exercise price	Expiry	On issue	Source
IMRAT	Notes	Converts on terms	—	—	2	Filing
IMRAU	Warrants	Price-triggered	—	—	5.2M	Filing
IMRAJ	Options	Price-triggered	—	—	35.9M	Filing

“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.

Free account

3 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.

Create free account See plans

Director dealings

Date	Director	Type	Shares	Options	Other	Value	Source
14 May 2026	Mr Aldo Denti	Other	23k	—	—	—	3Y notice
14 May 2026	Mr Mark Tibbles	Other	34k	—	—	—	3Y notice
14 May 2026	Mr Peter McGregor	Other	—	—	—	—	3Y notice
14 May 2026	Mr Steve Wedan	Other	—	423k	—	—	3Y notice
14 May 2026	Ms Anita Messal	Other	27k	—	—	—	3Y notice