READCLOUD LIMITED
ASX:RCLSoftware & ServicesToday’s holders own 96.2% of what they think they own, once every option and right converts.
Runway 2–4 quarters
READCLOUD LIMITED's ordinary share count increased 4.1% between November 2024 and May 2025, its latest share-count filing, to 154M shares. The company has not raised any capital through a placement, rights issue or share purchase plan in the past 24 months. Options on issue could convert into 6M new shares, representing 4.0% of the current share count, and none are in the money; the nearest expiry is March 2028. The company has 2 to 4 quarters of funding at the recent spend rate, based on its most recent quarterly cash report. No proposed securities issues are currently pending.
Quick answers · 4
How much placement capacity does RCL have left?
None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does RCL have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Readcloud reported $1.9M of cash and estimated 2.7 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do RCL's options expire?
Unexercised options and rights equal 4% of Readcloud's shares on issue; the nearest expiry is Mar 2028.
How much has RCL's share count grown?
Readcloud has 153.6M shares on issue as at 28 Oct 2026, up 4.1% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 2 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 |
| 6 Mar 2025 | 3H · cancellation | RCL : ORDINARY FULLY PAID | 152.6M | Appendix 3H |
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
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
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. For what expires soon across other listed companies, see the options expiry calendar.
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 28 Oct 2026.