Companies / NTI

NEUROTECH INTERNATIONAL LIMITED

ASX:NTIHealth Care Equipment & Services
1.62B shares on issueASX (delayed) · snapshot 11 Sept 20261.69B fully diluted+4.6% if every option and right converts$0.013price · delayed$21.0Mmarket cap · indicative

Today’s holders own 95.6% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Share count grew 59% in 24 months; runway 4–8 quarters; 2 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway4.3 quarters of funding
Share-count growth (24m)58.8%
Raise cadence (24m)2 cash raises
Options & rights overhang4.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

NEUROTECH INTERNATIONAL LIMITED's ordinary share count grew 58.8% between August 2024 and August 2026, reaching 1.62B shares. The company raised capital twice in the past 24 months for total disclosed proceeds of A$8.5M, most recently a A$4.5M placement in July 2026. Options and rights on issue could convert into 74M new shares, representing 4.6% of the current share count, with the nearest expiry in December 2027. As of the June 2026 quarter, the company held A$8.5M in available cash, sufficient for approximately 4.3 quarters at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in September 2026.

AI-generated summary of this page's cited filings · updated 8 Sept 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.
4.6%
Options & rights overhang
0.0%
In-the-money supply
2
Raises · last 12 months
4.3 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 1.62B per ASX (delayed) (snapshot 11 Sept 2026).
1.00B1.25B1.50BDec 24Oct 25Sept 26Cash raise · 30 July 2026Cash raise · 12 Dec 20251.62B

Cash runway

4.3 qtrs
More than four quarters of funding at the recent spend rate.
Funds operations to about July 2027 at the reported spend rate.
$8.4M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $2.4M cash at quarter end (item 4.6), 1.2 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
13 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
8 Sept 20263H · cancellationNTI : ORDINARY FULLY PAID1.62BAppendix 3H
11 Aug 20262A · quoted issueNTI : ORDINARY FULLY PAID1.62BAppendix 2A
21 July 20262A · quoted issueNTI : ORDINARY FULLY PAID1.32BAppendix 2A
13 July 20263G · unquotedNTI : ORDINARY FULLY PAID1.32BAppendix 3G
29 June 20263H · cancellationNTI : ORDINARY FULLY PAID1.32BAppendix 3H
Free account
30 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

2 cash raises in the last 24 months · 2 in the last 12 months

every 7.6 monthsaverage gap between raises
1.4 monthssince the most recent
12 Dec 2025 – 30 July 2026first to most recent in this window
$4.5M
Placement
30 July 2026 ACTIVE
Free account
3 raises on record — 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
6 dated events 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.

About 2% of the 15% placement capacity left — about 98% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. One filing in the window states more under 7.1 than the whole allowance and is not counted, so usage may be higher than this. Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
Unlocks on a paid plan
See plans

Options & convertible securities

4.6%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
74.5M
Potential new shares
Dec 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered44.5M · 2.8% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered30.0M · 1.9% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 44.5M priced, 30.0M 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
37.3M74.5M$0.013 now0.25× today ($0.003) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.006) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.010) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.013) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.016) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.019) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.026) — 13.0M of the priced supply in the money, 0.8% of shares on issue3× today ($0.039) — 19.5M of the priced supply in the money, 1.2% of shares on issue5× today ($0.065) — 19.5M of the priced supply in the money, 1.2% of shares on issue10× today ($0.130) — 29.5M of the priced supply in the money, 1.8% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.013 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 13.0M (0.8% 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.
  • 30.0M (40.3% 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.
  • 15.0M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
NTIAXOptionsPrice-triggered$0.1023 Dec 202710.0MFiling
NTIAYOptionsPrice-triggered$0.1523 Dec 202710.0MFiling
NTIAAOptionsPrice-triggered$0.02013 July 202813.0MFiling
NTIABOptionsPrice-triggered$0.03013 July 20296.5MFiling
NTIAAIOptionsPrice-triggered$0.1624 Feb 20305.0MFiling
NTIAAHPerformance rightsCondition-triggered——30.0MFiling Meeting

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

1 class ceased in the last 12 months and is not counted above
The company’s own Appendix 2A restates each of these at zero. They are excluded from the overhang, the in-the-money supply and every figure on this page. Each count is the filing’s own count of securities in the class, not a share count — a 2A never states what one security converts into.
  • NTIAAJPrice-triggered10.0M securities → 08 Sept 2026 Appendix 2A
Free account
6 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
24 Apr 2026Robert Maxwell JohnstonSell4.6M1.0M——3Y notice
30 Mar 2026Anthony FilippisBuy3.6M20.0M—$50k3Y notice
30 Mar 2026Gerald QuigleyBuy3.6M——$50k3Y notice
Free account
7 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

8 Sept 2026Initial Director's Interest Notice
8 Sept 2026Notification of cessation of securities - NTI
7 Sept 2026Board and Management Changes
7 Sept 2026Final Director's Interest Notice
26 Aug 2026Appendix 4G and Corporate Governance Statement
26 Aug 2026$PAppendix 4E & Annual Report to shareholders
16 Aug 2026Appointment of Executive Chairman
13 Aug 2026Becoming a substantial holder
11 Aug 2026Secondary Trading Notice
11 Aug 2026Application for quotation of securities - NTI
3 Aug 2026Proposed issue of securities - NTI
3 Aug 2026Proposed issue of securities - NTI
3 Aug 2026$PReceipt of Binding Commitments for $4.5m Placement
31 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
30 July 2026$PTrading Halt
29 July 2026NTI164 Phase II/III Autism Data Accepted for Publication
21 July 2026Secondary Trading Notice
21 July 2026Application for quotation of securities - NTI
15 July 2026$PNeurotech secures $3.15 million R&D tax incentive loan
13 July 2026$PUS FDA clears IND for NTI164

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