Companies / LRK

LARK DISTILLING CO. LTD

ASX:LRKFood, Beverage & Tobacco
107.4M shares on issueASX (delayed) · as of 28 July 2026$0.89price · delayed$93.4Mmarket cap · indicative
B
Dilution grade

Share count grew 42% in 24 months; 1 cash raise in 24 months

Cash runway8.8 quarters of funding
Share-count growth (24m)41.8%
Raise cadence (24m)1 cash raise
Options & rights overhang3.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

LARK DISTILLING CO. LTD's ordinary share count grew 41.8% between March 2024 and March 2026, to 107M shares. The company raised capital once in that period, reporting proceeds of A$18.5M from a transaction dated August 2024; total proceeds in the 24‑month window are A$18.5M. Options and rights on issue could convert into 3M new shares, equal to 3.0% of the current share count, with 0% in the money. At the June 2026 quarter the company reported A$13.8M in available cash, representing 8.8 quarters of cover at its recent burn rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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3.0%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
8.8 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 107.4M per ASX (delayed) (28 July 2026).
105.7M106.4M107.0MDec 24Sept 25July 26

Cash runway

8.8 qtrs
More than four quarters of funding at the recent spend rate.
$13.8M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
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 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
2 July 20263H · cancellationLRK : ORDINARY FULLY PAID107.4MAppendix 3H
28 May 20263H · cancellationLRK : ORDINARY FULLY PAID107.4MAppendix 3H
22 Mar 20262A · quoted issueLRK : ORDINARY FULLY PAID107.4MAppendix 2A
18 Jan 20263G · unquotedORDINARY FULLY PAID107.0MAppendix 3G
7 Jan 20263H · cancellationLRK : ORDINARY FULLY PAID107.0MAppendix 3H
Paid plan
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 · 0 in the last 12 months

$18.5M
Capital raise
26 Aug 2024
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

3.0%
Total overhang · of current shares
0.0%
In the money · at current price
3.2M
Potential new shares
—
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
23 Mar 2026David DearieOther880k420k—3Y notice
13 Mar 2026Stuart GregorBuy60k——3Y notice
23 Dec 2025Warren RandallOther20.4M——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

27 July 2026$PJune 2026 Quarterly Update and Appendix 4C
2 July 2026Notification of cessation of securities - LRK
30 June 2026Change in substantial holding
25 June 2026Change in substantial holding
10 June 2026Investor Presentation - Positioned for Growth
28 May 2026Notification of cessation of securities - LRK
20 Apr 2026$PMarch 2026 Quarterly Update and Appendix 4C
22 Mar 2026Change of Director's Interest Notice
22 Mar 2026Application for quotation of securities - LRK
15 Mar 2026Change of Director's Interest Notice
13 Mar 2026Change in substantial holding
6 Mar 2026Change in substantial holding
23 Feb 2026$P1H FY26 Results Presentation
23 Feb 2026$P1H FY26 Results Release
23 Feb 2026$P1H FY26 Appendix 4D and Half Year Report
22 Feb 2026Appointment of Chief Financial Officer
17 Feb 2026Change in substantial holding
12 Feb 20261H FY26 Results Notification & Webinar
28 Jan 2026$PDecember 2025 Quarterly Update and Appendix 4C
23 Jan 2026Change in substantial holding

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.