LI-FT POWER LTD.
ASX:LFTMaterialsToday’s holders own 95.6% of what they think they own, once every option and right converts.
Not rated — listed too recently to rate
Listed too recently — there is not enough filing history to score yet. Not rated means no assessment — not low risk.
LI-FT POWER LTD. listed in May 2026 and its disclosure history is short. It has not lodged any share-issuance (Appendix 2A) filings on record. The company raised capital two times in the past 24 months, for total disclosed proceeds of A$23.0M, with the most recent event being a non-pro rata offer (PDS) in August 2026. Options and rights on issue could convert into 4M new shares, equal to 4.6% of the current share count, with the nearest expiry in April 2028. No current quarterly cash report is available, meaning no funding runway figure is on record. No proposed securities issues (Appendix 3B) are 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 |
|---|---|---|---|---|
| 20 Aug 2026 | 3G · unquoted | LFT : CHESS DEPOSITARY INTERESTS 1:1 | 21.7M | Appendix 3G |
| 13 Aug 2026 | 3G · unquoted | CHESS DEPOSITARY INTERESTS | 21.7M | Appendix 3G |
| 7 Aug 2026 | 3H · cancellation | LFT : CHESS DEPOSITARY INTERESTS | 22.2M | Appendix 3H |
| 28 July 2026 | 3H · cancellation | LFT : CHESS DEPOSITARY INTERESTS | 22.2M | Appendix 3H |
| 20 July 2026 | 3G · unquoted | LFT : CHESS DEPOSITARY INTERESTS 1:1 | 22.2M | Appendix 3G |
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 (21.7M) need not equal the current count above (94.7M).
Capital raises
2 cash raises in the last 24 months · 2 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-triggered4.1M · 4.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered225k · 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: 4.1M priced, 225k 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.
At $2.35 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 400k (0.4% 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.
- 225k (5.2% 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 |
|---|---|---|---|---|---|---|
| LFTAB | Options | Price-triggered | $10.00 | 15 Apr 2028 | 335k | Filing |
| LFTAC | Options | Price-triggered | $10.00 | 3 May 2028 | 80k | Filing |
| LFTAD | Options | Price-triggered | $10.00 | 1 June 2028 | 80k | Filing |
| LFTAE | Options | Price-triggered | $10.00 | 18 Sept 2028 | 20k | Filing |
| LFTAF | Options | Price-triggered | $10.00 | 5 Dec 2028 | 15k | Filing |
| LFTAG | Options | Price-triggered | $7.00 | 8 Jan 2029 | 385k | Filing |
| LFTAH | Options | Price-triggered | $7.00 | 21 May 2029 | 30k | Filing |
| LFTAI | Options | Price-triggered | $3.65 | 19 Dec 2029 | 432k | Filing |
| LFTAJ | Options | Price-triggered | $3.65 | 1 May 2030 | 30k | Filing |
| LFTAK | Options | Price-triggered | $2.54 | 30 July 2030 | 400k | Filing |
| LFTAL | Options | Price-triggered | $7.50 | 15 Jan 2031 | 2.0M | Filing |
| LFTAM | Options | Price-triggered | $7.20 | 25 Feb 2031 | 175k | Filing |
| LFTAQ | Options | Price-triggered | $3.36 | 20 July 2031 | 75k | Filing |
| LFTAN | — | Condition-triggered | — | — | 41k | Filing |
| LFTAO | Performance shares | Condition-triggered | — | — | 75k | Filing |
| LFTAP | — | Condition-triggered | — | — | 110k | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | Francis MacDonald | Other | 971k | 650k | 28k | — | 3Y notice |
| 19 Aug 2026 | Francis MacDonald | Buy on-market | 25k | — | — | $66k | 3Y notice |
| 17 Aug 2026 | Alexander Langer | Buy on-market | 20k | — | — | $57k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.