READCLOUD LIMITED
ASX:RCLSoftware & ServicesToday’s holders own 96.2% of what they think they own, once every option and right converts.
Runway under 2 quarters
READCLOUD LIMITED's ordinary share count grew 4.1% between November 2024 and May 2025, reaching 154M shares. The company has not raised capital in the past 24 months and has no pending proposed securities issues. Options and rights on issue could convert into 6M new shares, representing 4.0% of the current share count, with the nearest expiry in March 2028; none of these are currently in the money. As of the June 2026 quarter, the company reported A$1.6M in available cash, which covers approximately 1.4 quarters of its operating expenses.
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 |
|---|---|---|---|---|
| 1 July 2025 | 3H · cancellation | RCL : ORDINARY FULLY PAID | 153.6M | Appendix 3H |
| 23 May 2025 | 3H · cancellation | RCL : ORDINARY FULLY PAID | 153.6M | Appendix 3H |
| 20 May 2025 | 2A · quoted issue | RCL : ORDINARY FULLY PAID | 153.6M | Appendix 2A |
| 11 Apr 2025 | 3G · unquoted | RCL : ORDINARY FULLY PAID | 152.6M | Appendix 3G |
| 5 Mar 2025 | 3H · cancellation | RCL : ORDINARY FULLY PAID | 152.6M | Appendix 3H |
Capital raises
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 6.1M 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 |
|---|---|---|---|---|---|---|
| RCLAV | Options | Price-triggered | Nil | 31 Mar 2028 | 6.1M | 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
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 24 Feb 2026 | Cristiano Nicolli | Buy on-market | 305k | — | — | $27k | 3Y notice |
| 28 Feb 2025 | Cristiano Nicolli | Other | 559k | — | — | — | 3Y notice |
| 27 Feb 2025 | Jonathan Isaacs | Other | 5.9M | 469k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.