PEAK PROCESSING LIMITED
ASX:PKPPharmaceuticals, Biotechnology & Life SciencesToday’s holders own 89.3% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 16% in 24 months; 3 cash raises in 24 months; since relisting as PKP; prior history under AGH not included
PEAK PROCESSING LIMITED's ordinary share count stood at 1.34B as of September 2026, its latest share-count filing, up 15.6% since February 2026. The company has completed 3 capital raises in the 24-month window, most recently a convertible note raising in May 2026 for A$2.4M, bringing total proceeds to A$7.7M. Options and rights on issue could convert into 160M new shares, a 12.0% overhang on current shares, with none in the money; the nearest expiry falls in February 2027. The company disclosed that at the reported spend rate the reported cash would since have been used up, and no later cash report is on record, so no funding-runway figure applies. Two proposed securities issues are pending, with the nearest expected in November 2026.
Quick answers · 3
Is PKP raising capital?
Peak Processing has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Convertible Note Raising of $2.4M on 1 May 2026.
How much cash does PKP have?
In its quarterly cash report for the quarter ended 30 June 2026, Peak Processing reported $1.4M of cash and estimated 0.9 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do PKP's options expire?
Unexercised options and rights equal 12% of Peak Processing's shares on issue; the nearest expiry is Feb 2027.
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 |
|---|---|---|---|---|
| 14 Oct 2026 | 3H · cancellation | PKP : ORDINARY FULLY PAID | 1.34B | Appendix 3H |
| 7 Sept 2026 | 2A · quoted issue | PKP : ORDINARY FULLY PAID | 1.34B | Appendix 2A |
| 24 July 2026 | 2A · quoted issue | PKP : ORDINARY FULLY PAID | 1.33B | Appendix 2A |
| 30 June 2026 | 2A · quoted issue | PKP : ORDINARY FULLY PAID | 1.32B | Appendix 2A |
| 30 June 2026 | 3G · unquoted | PKP : ORDINARY FULLY PAID | 1.16B | Appendix 3G |
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
3 cash raises in the last 24 months · 2 in the last 12 months · counted since relisting as PKP (8 Dec 2025); prior history under AGH is not included
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
At $0.017 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 85.0M (6.3% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PKPAH | Options | Price-triggered | $0.040 | 28 Feb 2027 | 25.0M | Filing |
| PKPAI | Options | Price-triggered | $0.030 | 28 Apr 2027 | 25.0M | Filing |
| PKPAJ | Options | Price-triggered | $0.030 | 1 Aug 2027 | 5.0M | Filing |
| PKPAA | Options | Price-triggered | $0.025 | 15 Dec 2027 | 13.0M | Filing |
| PKPAF | Options | Price-triggered | $0.039 | 31 Jan 2028 | 10.1M | Filing |
| PKPAG | Options | Price-triggered | $0.046 | 31 Jan 2028 | 10.1M | Filing |
| PKPAK | Options | Price-triggered | $0.025 | 30 Sept 2028 | 47.0M | Filing |
| PKPAB | Options | Price-triggered | $0.025 | 13 Feb 2029 | 25.0M | 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.
- PKPAECondition-triggered2.1M securities → 014 Oct 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 13 Oct 2026 | Manik Pujara | Buy on-market | 2.5M | — | — | $40k | 3Y notice |
| 24 July 2026 | Barry Katzman | Other incentive | 5.7M | — | 1.1M | $158k | 3Y notice |
| 1 July 2026 | Barry Katzman | Other | 10.1M | — | 1.1M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.