Companies / OLL

OPENLEARNING LIMITED

ASX:OLLSoftware & Services
782.1M shares on issueASX (delayed) · as of 28 July 2026$0.018price · delayed$14.9Mmarket cap · indicative
C
Dilution grade

Share count grew 85% in 24 months; runway 2–4 quarters; 4 cash raises in 24 months

Cash runway2.0 quarters of funding
Share-count growth (24m)84.9%
Raise cadence (24m)4 cash raises
Options & rights overhang3.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

OPENLEARNING LIMITED's ordinary share count grew 84.9% between June 2024 and June 2026 to 782M shares. The company raised capital four times in that period for total disclosed proceeds of A$6.4M, most recently a A$153K placement in November 2025. Options and rights on issue could convert into 25M new shares, equal to 3.1% of the current share count, none are in the money at the current share price, and the nearest expiry is December 2027. At the March 2026 quarter the company reported A$849K in available cash, about 2.0 quarters of funding at its recent spending 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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3.1%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
2.0 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 782.1M per ASX (delayed) (28 July 2026).
498.5M602.6M706.7MDec 24Sept 25July 26Cash raise · 27 Nov 2025Cash raise · 3 Oct 2025Cash raise · 3 Oct 2025Cash raise · 5 Dec 2024

Cash runway

2.0 qtrs
Two to four quarters of funding at the recent spend rate.
$849k available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
29 June 20262A · quoted issueOLL : ORDINARY FULLY PAID782.1MAppendix 2A
6 Jan 20263G · unquotedORDINARY FULLY PAID782.0MAppendix 3G
6 Jan 20263G · unquotedOLL : ORDINARY FULLY PAID782.0MAppendix 3G
22 Dec 20252A · quoted issueOLL : ORDINARY FULLY PAID603.2MAppendix 2A
22 Dec 20252A · quoted issueOLL : ORDINARY FULLY PAID669.7MAppendix 2A
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

4 cash raises in the last 24 months · 3 in the last 12 months

$153k
Placement
27 Nov 2025 COMPLETE
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

3.1%
Total overhang · of current shares
0.0%
In the money · at current price
24.6M
Potential new shares
Dec 2027
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
29 June 2026ADAM BRIMOOther133k——3Y notice
5 Mar 2026ADAM BRIMOBuy700k2.0M$7k3Y notice
20 Feb 2026Rupesh SinghBuy271k—$8k3Y 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

12 July 2026$POpenLearning Secures A$300K SaaS LMS Agreement
2 July 2026Change of Director's Interest Notice
29 June 2026Section 708A Notice
29 June 2026Application for quotation of securities - OLL
27 May 2026Results of Meeting
27 May 2026AGM Presentation
24 May 2026OLL Launches Global Student Recruitment Marketplace
10 May 2026$POLL Secures SaaS Agreement with Philippine Normal University
29 Apr 2026Investor Presentation
29 Apr 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
26 Apr 2026Notice of Annual General Meeting, Proxy Form & Access Letter
10 Apr 2026Change of Director's Interest Notice
31 Mar 2026Appendix 4G & Corporate Governance Statement
31 Mar 2026Annual Report to shareholders
31 Mar 2026Annual General Meeting
26 Mar 2026Investor Presentation
10 Mar 2026Change of Director's Interest Notice - AB
27 Feb 2026$PPreliminary Final Report
8 Feb 2026Change of Company Secretary
28 Jan 2026Quarterly Presentation for Q4 2025

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