Companies / SIX

SPRINTEX LIMITED

ASX:SIXAutomobiles & Components
725.1M shares on issueASX (delayed) · snapshot 11 Sept 2026845.8M fully diluted+16.7% if every option and right converts$0.060price · delayed$43.5Mmarket cap · indicative

Today’s holders own 85.7% of what they think they own, once every option and right converts.

High
Dilution risk

Runway under 2 quarters; share count grew 33% in 24 months; 8 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway0.9 quarters of funding
Share-count growth (24m)32.9%
Raise cadence (24m)8 cash raises
Options & rights overhang16.7% of shares
In-the-money supplyno data — an exercise price is on record for a minority of the supply
Pending proposed issuesnone

SPRINTEX LIMITED's ordinary share count was 725M as of July 2026, representing a 32.9% increase since July 2024. In the 24-month window, the company completed eight capital raises totalling A$10.2M, with the most recent being a A$1.0M placement in June 2026. Options and rights on issue could convert into 121M new shares, which is 16.7% of the current share count, with none currently in the money; the nearest expiry date is January 2027. As of the June 2026 quarter, SPRINTEX LIMITED held A$845K in cash, providing an estimated 1.0 quarter of funding cover. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 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.
16.7%
Options & rights overhang
—
In-the-money supply · most strikes not on record
4
Raises · last 12 months
0.9 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 725.1M per ASX (delayed) (snapshot 11 Sept 2026).
550M600M650M700MDec 24Oct 25Sept 26Cash raise · 30 June 2026Cash raise · 20 Apr 2026Cash raise · 6 Jan 2026Cash raise · 26 Sept 2025Cash raise · 28 Mar 2025Cash raise · 24 Mar 2025Cash raise · 20 Jan 2025Cash raise · 31 Dec 2024725.1M

Cash runway

0.9 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
The latest quarterly report funded operations to about Sept 2026 — that date has passed, and no later report is on record.
$835k 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: $543k cash at quarter end (item 4.6), 0.7 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
11 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
12 July 20262A · quoted issueSIX : ORDINARY FULLY PAID725.1MAppendix 2A
7 July 20262A · quoted issueSIX : ORDINARY FULLY PAID716.9MAppendix 2A
3 July 20262A · quoted issueSIX : ORDINARY FULLY PAID714.9MAppendix 2A
2 July 20263H · cancellationSIX : ORDINARY FULLY PAID702.2MAppendix 3H
1 May 20263G · unquotedSIX : ORDINARY FULLY PAID702.2MAppendix 3G
Free account
67 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

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

every 2.6 monthsaverage gap between raises
2.4 monthssince the most recent
31 Dec 2024 – 30 June 2026first to most recent in this window
$1.0M
Placement
30 June 2026 COMPLETE
Free account
9 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
1 dated event 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 11% of the 15% placement capacity left — about 89% 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. 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

16.7%
Options & rights overhang · of current shares
—
In-the-money supply · most strikes not on record
120.8M
Potential new shares
Jan 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered2.0M · 0.3% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered116.8M · 16.1% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
  • Converts on terms2.0M · 0.3% of shares
    Convertibles with no exercise price — they convert on their own terms, so they are shares in all but name.

Exercise price on record: 2.0M priced, 118.8M 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
60.4M120.8M$0.060 now0.25× today ($0.015) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.030) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.045) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.060) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.075) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.090) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.120) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.180) — 2.0M of the priced supply in the money, 0.3% of shares on issue5× today ($0.300) — 2.0M of the priced supply in the money, 0.3% of shares on issue10× today ($0.600) — 2.0M of the priced supply in the money, 0.3% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

An exercise price is on record for only 1.7% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.060 today. No more priced supply until 3× today’s price, which takes it to 2.0M (0.3% 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.
  • 118.8M (98.3% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
SIXAGOptionsPrice-triggered$0.1214 Jan 20272.0MFiling
SIXAANotesConverts on terms——2.0MFiling
SIXAACPerformance rightsCondition-triggered——116.8MFiling 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.

Free account
3 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
30 June 2026Steven ApedaileSell—5.0M——3Y notice
27 Nov 2025Jay UptonOther incentive5.5M—23.0M—3Y notice
27 Nov 2025Li ChenOther incentive21.2M—20.0M—3Y notice
27 Nov 2025Steven ApedaileOther incentive——8.0M—3Y 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

28 Aug 2026Appendix 4G and Corporate Governance Statement
28 Aug 2026$PAppendix 4E and 2026 Annual Report
11 Aug 2026$PSprintex Targets US$4.5bn MVR Market with China Partnership
5 Aug 2026Release of Shares from Voluntary Escrow
31 July 2026Ceasing to be a substantial holder
29 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
13 July 2026Cleansing Notice
12 July 2026Application for quotation of securities - SIX
10 July 2026Becoming a substantial holder
7 July 2026Cleansing Notice
7 July 2026Application for quotation of securities - SIX
6 July 2026Change of Director's Interest Notice
3 July 2026Cleansing Notice
3 July 2026Application for quotation of securities - SIX
2 July 2026Notification of cessation of securities - SIX
30 June 2026Proposed issue of securities - SIX
30 June 2026Options Lapse and Shortfall Shares Underwritten
30 June 2026$PSharewise Joins Underwriting Group for Expiring Options
29 June 2026$PA$42m Mest Water Purchase Orders Secured
29 June 2026$PSprintex Secures Underwriting and Convertible Note Extension

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