IMPEDIMED LIMITED
ASX:IPDHealth Care Equipment & ServicesToday’s holders own 50.0% of what they think they own, once every option and right converts.
Share count grew 81% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
IMPEDIMED LIMITED's ordinary share count grew 81.0% between November 2024 and July 2026, reaching 3.66B shares. The company raised capital three times in the past 24 months for a disclosed total of A$15.3M, with the most recent raise being a A$15.3M Placement and SPP in April 2026. There are potential new shares from options and rights on issue totalling 3.66B, representing 100.0% of the current share count, none of which are in the money. The nearest expiry date for these options is March 2027. As of the June 2026 quarter, the company held A$11.3M in cash, sufficient to cover 2.3 quarters of operations. No proposed securities issues are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 6 Aug 2026 | 3H · cancellation | ORDINARY FULLY PAID | 3.66B | Appendix 3H |
| 20 July 2026 | 3H · cancellation | IPD : ORDINARY FULLY PAID | 3.66B | Appendix 3H |
| 3 July 2026 | 3H · cancellation | IPD : ORDINARY FULLY PAID | 3.66B | Appendix 3H |
| 3 July 2026 | 2A · quoted issue | IPD : ORDINARY FULLY PAID | 3.66B | Appendix 2A |
| 26 June 2026 | 3G · unquoted | IPD : ORDINARY FULLY PAID | 3.66B | Appendix 3G |
Capital raises
3 cash raises 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered3.65B · 99.8% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 1.85B of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered7.3M · 0.2% 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: 1.80B priced, 1.86B 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 49.2% 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 $0.005 today. No more priced supply until 5× today’s price, which takes it to 1.80B (49.1% 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.
- 1.86B (50.8% 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 |
|---|---|---|---|---|---|---|
| IPDO | Options | Price-triggered | — | 31 Mar 2027 | 1.80B | Filing |
| IPDAD | Options | Price-triggered | $0.015 | 31 Dec 2027 | 1.80B | Filing |
| IPDAA | Performance rights | Condition-triggered | — | — | 7.3M | Filing Meeting |
| IPDAB | Warrants | Price-triggered | — | — | 18.7M | Filing |
| IPDAAB | Options | Price-triggered | — | — | 34.6M | 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.
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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 3 July 2026 | Erik Anderson | Other | 37k | 30.0M | — | — | 3Y notice |
| 3 July 2026 | Fiona Bones | Other | 595k | — | — | — | 3Y notice |
| 3 July 2026 | Mr Andrew Grant | Other | 595k | — | — | — | 3Y notice |
| 3 July 2026 | Ms Christine Emmanuel-Donnelly | Other | 866k | 20.0M | — | — | 3Y notice |
| 3 July 2026 | Ms Janelle Delaney | Other | 595k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.