NH3 CLEAN ENERGY LIMITED
ASX:NH3MaterialsToday’s holders own 91.3% of what they think they own, once every option and right converts.
Share count grew 40% in 24 months; 5 cash raises in 24 months; runway 4–8 quarters
NH3 CLEAN ENERGY LIMITED's ordinary share count increased 40.1% between December 2024 and August 2026, its latest share-count filing, to 762M shares. The company raised capital five times in the 24-month window for total disclosed proceeds of A$10.0M, most recently a A$4.0M placement in August 2026. Options and rights on issue could convert into 73M new shares, equal to 9.6% of the current share count; none are in the money. No filing on record states an expiry date for these securities. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did NH3 last raise capital?
The last capital raise in NH3 Clean Energy's filings is Placement of $4.0M announced 6 Aug 2026, one of 5 cash raises in 24 months.
How much placement capacity does NH3 have left?
About 52% of the 15% placement capacity left, about 48% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does NH3 have?
In its quarterly cash report for the quarter ended 30 Sept 2026, NH3 Clean Energy reported $4.4M of cash and estimated 7.7 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does NH3 have outstanding?
Unexercised options and rights equal 9.6% of NH3 Clean Energy's shares on issue.
How much has NH3's share count grown?
NH3 Clean Energy has 762.2M shares on issue as at 28 Oct 2026, up 40.1% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 12 Aug 2026 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 762.2M | Appendix 2A |
| 25 Feb 2026 | 3G · unquoted | ORDINARY FULLY PAID | 712.9M | Appendix 3G |
| 5 Feb 2026 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 712.9M | Appendix 2A |
| 24 Dec 2025 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 698.6M | Appendix 2A |
| 24 Dec 2025 | 2A · quoted issue | NH3 : ORDINARY FULLY PAID | 700.9M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
5 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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 72.9M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| NH3AC | Performance rights | Condition-triggered | — | — | 72.9M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Feb 2026 | Andrew Kirk | Other incentive | 1.6M | — | 5.5M | — | 3Y notice |
| 5 Feb 2026 | Charles Whitfield | Other incentive | 2.2M | — | 7.3M | — | 3Y notice |
| 24 Dec 2025 | Andrew Kirk | Other placement | 667k | — | 5.5M | — | 3Y notice |
| 24 Dec 2025 | Charles Whitfield | Other placement | 4.7M | — | 7.3M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.