SPENDA LIMITED
ASX:SPXSoftware & ServicesToday’s holders own 55.8% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 438% in 24 months; 4 cash raises in 24 months
SPENDA LIMITED's ordinary share count, adjusted for a 1-for-20 share consolidation in May 2026, was 1.24B as of September 2026, up 438.2% since September 2024. The company raised capital four times in the 24-month window for total proceeds of A$7.9M, most recently an Accelerated Renounceable Entitlement Offer in June 2026 raising A$3.6M. Options and rights on issue could convert into 983M new shares, equal to 79.4% of the current share count, none currently in the money; the nearest expiry is November 2026. The company has under 2 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 3
When did SPX last raise capital?
The last capital raise in Spenda's filings is Entitlement Offer (Accelerated Renounceable Entitlement Offer) of $3.6M announced 9 June 2026, one of 4 cash raises in 24 months.
How much cash does SPX have?
In its quarterly cash report for the quarter ended 30 June 2026, Spenda reported $2.6M of cash and estimated 2.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do SPX's options expire?
Unexercised options and rights equal 79.4% of Spenda's shares on issue; the nearest expiry is Nov 2026.
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 |
|---|---|---|---|---|
| 25 Sept 2026 | 2A · quoted issue | SPX : ORDINARY FULLY PAID | 1.24B | Appendix 2A |
| 20 Aug 2026 | 2A · quoted issue | SPX : ORDINARY FULLY PAID | 1.21B | Appendix 2A |
| 13 July 2026 | 2A · quoted issue | SPX : ORDINARY FULLY PAID | 1.19B | Appendix 2A |
| 15 June 2026 | 2A · quoted issue | SPX : ORDINARY FULLY PAID | 767.7M | Appendix 2A |
| 9 June 2026 | 3G · unquoted | SPX : ORDINARY FULLY PAID | 305.2M | Appendix 3G |
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
4 cash raises in the last 24 months · 3 in the last 12 months
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
An exercise price is on record for only 5.0% 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 $0.0020 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.
- 933.7M (95.0% 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.
- 49.5M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| SPXAR | Options | Price-triggered | $0.35 | 15 Nov 2026 | 1.8M | Filing |
| SPXAT | Options | Price-triggered | $0.80 | 15 Nov 2026 | 918k | Filing |
| SPXAS | Options | Price-triggered | $1.10 | 15 Nov 2026 | 918k | Filing |
| SPXAN | Options | Price-triggered | $0.35 | 15 May 2027 | 2.0M | Filing |
| SPXAO | Options | Price-triggered | $0.40 | 16 May 2027 | 1.2M | Filing |
| SPXAL | Options | Price-triggered | $0.35 | 15 June 2027 | 10.5M | Filing |
| SPXAD | Options | Price-triggered | $0.35 | 30 Sept 2027 | 10.9M | Filing |
| SPXAP | Options | Price-triggered | $0.90 | 3 Nov 2027 | 188k | Filing |
| SPXAQ | Options | Price-triggered | $2.00 | 3 Nov 2027 | 5.0M | Filing |
| SPXAV | Options | Price-triggered | $0.10 | 31 Jan 2028 | 14.0M | Filing |
| SPXAF | Options | Price-triggered | $0.35 | 19 Aug 2028 | 1.0M | Filing |
| SPXAW | Options | Price-triggered | $0.14 | 31 Jan 2030 | 1.0M | Filing |
| SPXOB | Options | Price-triggered, no exercise price stated | — | 30 June 2031 | 933.7M | 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.
- SPXAGconvertible notes975k25 Sept 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 2 June 2026 | Irshad Mulla | Buy placement | 2.5M | — | — | $100k | 3Y notice |
| 2 June 2026 | Karim Razak | Buy placement | 7.8M | — | — | $310k | 3Y notice |
| 2 June 2026 | Peter Richards | Buy placement | 250k | 1.3M | — | $10k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.