Companies / KTK

KTEK AEROSYSTEMS LTD

ASX:KTKCapital Goods
140.5M shares on issueASX (delayed) · snapshot 11 Sept 2026152.5M fully diluted+8.5% if every option and right converts$0.17price · delayed$24.6Mmarket cap · indicative

Today’s holders own 92.1% of what they think they own, once every option and right converts.

Moderate
Dilution riskprovisional — limited history

Runway under 2 quarters; 1 cash raise in 24 months; options/rights overhang 8% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway1.1 quarters of funding
Share-count growth (24m)0.0%
Raise cadence (24m)1 cash raise
Options & rights overhang8.5% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

KTEK AEROSYSTEMS LTD listed in May 2026 and its disclosure history is short. Its ordinary share count was 140M as of May 2026, with no change from its initial listing. The company had one capital raise in the past 24 months, its A$10.0M IPO in May 2026. Options and rights on issue could convert into 12M new shares, representing 8.5% of the current share count, with the nearest expiry in May 2029. At the June 2026 quarter, the company reported A$2.7M in available cash, covering approximately 1.1 quarters of operations. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 9 Sept 2026
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8.5%
Options & rights overhang
In-the-money supply · no stated strikes
1
Raises · last 12 months
1.1 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 140.5M per ASX (delayed) (snapshot 11 Sept 2026).
139.5M140.0M140.5M141.0M141.5MMay 26July 26Sept 26140.5M

Cash runway

1.1 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
The latest quarterly report funded operations to about Sept 2026 — that date has passed, and no later report is on record.
$2.6M 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: $4.6M cash at quarter end (item 4.6), 1.9 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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1 quarter on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
18 May 20262A · quoted issueKTK : ORDINARY FULLY PAID63.0MAppendix 2A
18 May 20263G · unquotedKTK : ORDINARY FULLY PAID62.5MAppendix 3G
17 May 20262A · quoted issueKTK : ORDINARY FULLY PAID63.0MAppendix 2A

Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (63.0M) need not equal the current count above (140.5M).

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3 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

1 cash raise in the last 24 months · 1 in the last 12 months

$10.0M
IPO
13 May 2026
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1 raise 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.

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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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

8.5%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
12.0M
Potential new shares
May 2029
Nearest expiry
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 12.0M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
KTKAOOptionsPrice-triggered8 May 202912.0MFiling

“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.

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1 option line 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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
6 Aug 2026Howard DigbyBuy on-market88k$22k3Y notice
16 July 2026Christopher BaxterBuy on-market80k$20k3Y notice
20 May 2026Howard DigbyBuy on-market30k$10k3Y notice
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3 notices on record — 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.