Companies / NCC

NAOS EMERGING OPPORTUNITIES COMPANY LIMITED

ASX:NCCNot Applic
73.8M shares on issueASX (delayed) · snapshot 11 Sept 202688.3M fully diluted+19.6% if every option and right converts$0.47price · delayed$34.3Mmarket cap · indicative

Today’s holders own 83.6% of what they think they own, once every option and right converts.

Low
Dilution risk

Options/rights overhang 20% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)0.0%
Raise cadence (24m)0 cash raises
Options & rights overhang19.6% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

NAOS EMERGING OPPORTUNITIES COMPANY LIMITED had 74M ordinary shares outstanding as of May 2024. No new share issuance filings have been lodged since January 2024. The company has not raised capital in the past 24 months. No proposed securities issues are currently pending. The company does not lodge quarterly cash reports, so no quarterly cash balance or funding-runway figure is disclosed on that basis.

AI-generated summary of this page's cited filings · updated 20 Aug 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.
19.6%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 73.8M per ASX (delayed) (snapshot 11 Sept 2026).
73.25M73.50M73.75M74.00M74.25MDec 24Oct 25Sept 2673.8M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
16 May 20242A · quoted issueNCC : ORDINARY FULLY PAID73.8MAppendix 2A
26 Apr 20242A · quoted issueNCC : ORDINARY FULLY PAID73.8MAppendix 2A
10 Apr 20242A · quoted issueNCC : ORDINARY FULLY PAID73.3MAppendix 2A
22 Mar 20242A · quoted issueNCC : ORDINARY FULLY PAID73.3MAppendix 2A
20 Mar 20242A · quoted issueNCC : ORDINARY FULLY PAID73.3MAppendix 2A
Free account
17 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 accountSee plans

Capital raises

No equity raises in the last 24 months.
Free account
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 accountSee 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
1 dated event on record — 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 accountSee 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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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 accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

19.6%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
14.5M
Potential new shares
Dec 2026
Nearest expiry
What this supply is, and what converts it
  • Price-triggered14.2M · 19.3% 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 terms230k · 0.3% 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, 14.5M 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 14.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
NCCOOptionsPrice-triggered31 Dec 202614.2MFiling
NCCGAConverts on terms230kFiling

“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
2 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 accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
26 Aug 2026Sebastian EvansBuy on-market32k$15k3Y notice
21 Aug 2026Sebastian EvansBuy on-market31k40k$15k3Y notice
11 Aug 2026Sebastian EvansBuy on-market77k40k$36k3Y notice
Free account
20 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.