NEURIZER LTD
ASX:NRZMaterialsSuspended from quotationToday’s holders own 98.1% of what they think they own, once every option and right converts.
Not rated — the company is suspended from quotation
This company is suspended from ASX quotation. Scoring is paused until it resumes trading. Not rated means no assessment — not low risk.
NEURIZER LTD's ordinary share count increased 55.5% between August 2024 and May 2026, reaching 3.40B shares. In the past 24 months, the company completed four capital raises totalling A$657K, with the most recent being a A$200K placement in February 2025. There are options on issue that could convert into 65M new shares, representing 1.9% of the current share count, with the nearest expiry in July 2027; none of these options are currently in the money. As of the June 2026 quarter, NEURIZER LTD reported A$3.0M in available cash. The company has no pending proposed securities issues.
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 |
|---|---|---|---|---|
| 4 May 2026 | 2A · quoted issue | NRZ : ORDINARY FULLY PAID | 3.37B | Appendix 2A |
| 4 May 2026 | 2A · quoted issue | NRZ : ORDINARY FULLY PAID | 3.39B | Appendix 2A |
| 21 Feb 2025 | 2A · quoted issue | NRZ : ORDINARY FULLY PAID | 3.36B | Appendix 2A |
| 11 Feb 2025 | 3G · unquoted | ORDINARY FULLY PAID | 3.22B | Appendix 3G |
| 10 Feb 2025 | 3H · cancellation | NRZ : ORDINARY FULLY PAID | 3.06B | Appendix 3H |
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 (3.37B) need not equal the current count above (3.40B).
Capital raises
4 cash raises in the last 24 months · 0 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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 65.2M of it states a NIL exercise price: nothing is paid to convert it, so it converts at any price rather than on a hurdle.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| NRZAT | Options | Price-triggered | Nil | 25 July 2027 | 405k | Filing |
| NRZAW | Options | Price-triggered | Nil | 14 Feb 2028 | 7.1M | Filing |
| NRZAY | Options | Price-triggered | Nil | 29 May 2028 | 57.7M | 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
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.