Companies / TZL

TZ LIMITED

ASX:TZLTechnology Hardware & Equipment
364.6M shares on issueAppendix 2A · as of 14 July 2026$0.029price · delayed$10.5Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 37% in 24 months; 9 cash raises in 24 months

Cash runway0.7 quarters of funding
Share-count growth (24m)37.3%
Raise cadence (24m)9 cash raises
Options & rights overhang12.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

TZ LIMITED's ordinary share count grew 37.3% between November 2024 and July 2026, to 365M shares. The company raised capital nine times in that period for total disclosed proceeds of A$7.9M, most recently a Placement and Entitlement Offer (1 for 4 non-renounceable) in June 2026 raising A$621K. Options and rights on issue could convert into 46M new shares, equal to 12.7% of the current share count, with 0% in the money at current prices and the nearest expiry in May 2029. At the March 2026 quarter TZ LIMITED reported A$600K in cash, covering 0.7 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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12.7%
Max option dilution
0.0%
ITM option dilution
8
Raises · last 12 months
0.7 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 364.6M per Appendix 2A (14 July 2026).
286.1M314.9M343.7MDec 24Sept 25July 26Cash raise · 16 June 2026Cash raise · 21 Apr 2026Cash raise · 1 Apr 2026Cash raise · 1 Apr 2026Cash raise · 10 Mar 2026Cash raise · 10 Mar 2026Cash raise · 2 Dec 2025Cash raise · 2 Dec 2025Cash raise · 20 Feb 2025

Cash runway

0.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$600k 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
16 July 20263H · cancellationTZL : ORDINARY FULLY PAID361.6MAppendix 3H
14 July 20262A · quoted issueTZL : ORDINARY FULLY PAID364.6MAppendix 2A
22 June 20262A · quoted issueTZL : ORDINARY FULLY PAID360.5MAppendix 2A
20 May 20263G · unquotedTZL : ORDINARY FULLY PAID343.9MAppendix 3G
20 May 20263G · unquotedTZL : ORDINARY FULLY PAID343.9MAppendix 3G
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

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

$621k
Placement and Entitlement Offer (1 for 4 non-renounceable)
16 June 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

12.7%
Total overhang · of current shares
0.0%
In the money · at current price
46.4M
Potential new shares
May 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
19 Sept 2025Antonino SchiavelloBuy47k——3Y notice
27 June 2025John D'AngeloBuy48k——3Y notice
26 June 2025John D'AngeloBuy5k——3Y 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

16 July 2026Notification of cessation of securities - TZL
14 July 2026Application for quotation of securities - TZL
12 July 2026$PCompletion of Rights Issue
24 June 2026Change in substantial holding
23 June 2026Ineligible Shareholders Letter
23 June 2026Eligible Shareholders Letter
23 June 2026$PTZL Entitlement Offer Announcement & Offer Booklet
23 June 2026Cleansing Notice
22 June 2026Application for quotation of securities - TZL
22 June 2026$PTZL Announces Completion of Placement
15 June 2026Cleansing Notice
15 June 2026$PReinstatement to Quotation
15 June 2026Proposed issue of securities - TZL
15 June 2026$PTZL Investor Presentation
15 June 2026$PEntitlement Offer Booklet
15 June 2026$PTZL Announces Placement & Entitlement Offer
14 June 2026Extension of Voluntary Suspension
11 June 2026$PSuspension from Quotation
9 June 2026$PTrading Halt
20 May 2026Notification regarding unquoted securities - TZL

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