Companies / SLD

SALUDA MEDICAL, INC.

ASX:SLDHealth Care Equipment & Services
252.0M shares on issueASX (delayed) · snapshot 28 Oct 2026256.8M fully diluted+1.9% if every option and right converts$0.27price · delayed$63.0MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 98.1% of what they think they own, once every option and right converts.

Not rated
Dilution riskprovisional — limited history

Not rated — listed too recently to rate

Listed too recently — there is not enough filing history to score yet. Not rated means no assessment — not low risk.

MinimalVery high
Not placed on this scale.
Cash runway2.7 quarters of funding
Share-count growth (24m)no data — listed too recently to rate
Raise cadence (24m)0 cash raisesexcludes announced events with no matching share-issuance (Appendix 2A) filing
Options & rights overhang1.9% of shares
In-the-money supplyno data — an exercise price is on record for a minority of the supply
Pending proposed issuesnone

SALUDA MEDICAL, INC. has no share-issuance filings on record for the 24-month window, so no share-count change data is available. No capital raises occurred in that period. Options and rights on issue could convert into 5M new shares, equal to 1.9% of the current share count, and none are in the money; the nearest expiry is January 2027. The company reported funding of 2 to 4 quarters of funding at the recent spend rate as of its June 2026 quarter. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 2

How much cash does SLD have?

In its quarterly cash report for the quarter ended 30 June 2026, Saluda Medical reported $169.4M of cash and estimated 4.9 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do SLD's options expire?

Unexercised options and rights equal 1.9% of Saluda Medical's shares on issue; the nearest expiry is Jan 2027.

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1.9%
Options & rights overhang
—
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply · most strikes not on record
0
Raises · last 12 months
2.7 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 252.0M per ASX (delayed) (snapshot 28 Oct 2026).
251M252M253M254MDec 25May 26Oct 26252.0M

Cash runway

2.7 qtrs OURS
Two to four quarters of funding at the recent spend rate.
Funds operations to about June 2027 at the reported spend rate.
$113.3M cash after burn.
FILED 4.9 qtrs · $169.4M cash · quarter ended 30 June 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$169.4M cash at 30 Jun 2026 − $56.1M spent ($42.1M a quarter × 120 days) = $113.3M left → 2.7 qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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3 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
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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)

DateFormSecurityOn issue, per this filingSource
14 Oct 20263G · unquotedSLD : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB252.0MAppendix 3G
14 Oct 20263H · cancellationSLD : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB252.0MAppendix 3H
13 July 20263G · unquotedSLD : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB252.0MAppendix 3G
13 July 20263H · cancellationSLD : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB252.0MAppendix 3H
1 July 20263G · unquotedSLD : CDI 10:1 US PERSON PROHIBITED EXCLUDING QIB252.0MAppendix 3G
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9 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

No equity raises in the last 24 months.
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1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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3 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

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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.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.9%
Options & rights overhang · of current shares
—
In-the-money supply · most strikes not on record
4.8M
Potential new shares
Jan 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered2.1M · 0.8% of shares
    Options and warrants — they convert when the share price clears their exercise price.
    At least 1.7M of it states no exercise price — that much cannot be called in or out of the money.
  • Condition-triggered2.7M · 1.1% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 352k priced, 4.5M 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
2.4M4.8M$0.27 now0.25× today ($0.07) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.13) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.20) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.27) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.33) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.40) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.53) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.80) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($1.33) — 0 of the priced supply in the money, 0.0% of shares on issue10× today ($2.65) — 0 of the priced supply in the money, 0.0% 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 7.3% 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 $0.27 today. No price up to ten times today’s switches on any more priced supply.

  • 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.
  • 4.5M (92.7% 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.
  • 352k more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
SLDACWarrantsPrice-triggered$595540.8520 Jan 202726Filing
SLDADWarrantsPrice-triggered$17.0014 Mar 2035264kFiling
SLDAEWarrantsPrice-triggered$17.0030 June 203688kFiling
SLDABOptionsPrice-triggered, no exercise price stated——1.7MFiling
SLDAA—Condition-triggered——2.7MFiling

“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.

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5 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.
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Director dealings

No director dealing notices (Appendix 3Y) on record.
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Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

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