Companies / SPA

SPACETALK LTD

ASX:SPASoftware & Services
209.8M shares on issueASX (delayed) · as of 28 July 2026$0.085price · delayed$17.8Mmarket cap · indicative
C
Dilution grade

7 cash raises in 24 months; options/rights overhang 210% of shares; share count grew 7% in 24 months

Cash runway14.0 quarters of funding
Share-count growth (24m)6.9%
Raise cadence (24m)7 cash raises
Options & rights overhang209.7% of sharesconsolidation-adjusted
In-the-money supply0.0% of sharesconsolidation-adjusted
Pending proposed issuesnone

SPACETALK LTD's ordinary share count increased 6.9% between January 2024 and June 2026, to 210M shares; this figure is adjusted for a share consolidation on October 2024 of approximately 1-for-2.4. The company raised capital seven times in the 24-month window for total disclosed proceeds of A$27.8M, most recently a A$6.0M placement in March 2026. Options and rights could convert into 440M new shares, equal to 209.7% of the current share count and adjusted for the consolidation; 0% of current shares are in the money at present and the nearest expiry is April 2029. At the March 2026 quarter SPACETALK LTD reported A$6.5M in cash, covering about 14.0 quarters. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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209.7%
Max option dilution
0.0%
ITM option dilution
4
Raises · last 12 months
14.0 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Adjusted for the 1-for-2.4 consolidation (16 Oct 2024). Latest count 209.8M per ASX (delayed) (28 July 2026).
94.4M136.8M179.1MDec 24Sept 25July 26Cash raise · 24 Mar 2026Cash raise · 24 Mar 2026Cash raise · 10 Sept 2025Cash raise · 10 Sept 2025Cash raise · 11 July 2025Cash raise · 7 Apr 2025

Cash runway

14.0 qtrs
More than four quarters of funding at the recent spend rate.
$6.5M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
24 July 20263H · cancellationSPA : ORDINARY FULLY PAID209.8MAppendix 3H
29 June 20262A · quoted issueSPA : ORDINARY FULLY PAID209.8MAppendix 2A
10 June 20263G · unquotedSPA : ORDINARY FULLY PAID204.8MAppendix 3G
21 May 20262A · quoted issueSPA : ORDINARY FULLY PAID204.8MAppendix 2A
7 Apr 20262A · quoted issueSPA : ORDINARY FULLY PAID120.4MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

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

$6.0M
Placement
24 Mar 2026 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

consolidation-adjusted Figures rebased for the share consolidation in the last 24 months.

209.7%
Total overhang · of current shares
0.0%
In the money · at current price
439.9M
Potential new shares
Apr 2029
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
22 May 2026Simon CrowtherOther833k$50k3Y notice
22 May 2026Andrew GroverBuy8.2M$492k3Y notice
5 Dec 2025Simon CrowtherOther$170k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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 July 2026.