Companies / UBN

URBANISE.COM LIMITED

ASX:UBNSoftware & Services
79.2M shares on issueASX (delayed) · snapshot 11 Sept 2026103.5M fully diluted+30.8% if every option and right converts$0.66price · delayed$52.3Mmarket cap · indicative

Today’s holders own 76.5% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 23% in 24 months; options/rights overhang 31% of shares; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway31.7 quarters of funding
Share-count growth (24m)22.7%
Raise cadence (24m)1 cash raise
Options & rights overhang30.8% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

URBANISE.COM LIMITED's ordinary share count grew 22.7% between September 2024 and September 2026, to 79M shares. In the past 24 months, the company has had one capital raise, a placement in May 2025 that raised A$8.8M. Options and rights on issue could convert into 24M new shares, representing 30.8% of the current share count; none of these are in the money. An expiry date for these securities is not on record. At the June 2026 quarter, the company held A$11.6M in available cash, which covers approximately 31.7 quarters at its recent spending rate. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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30.8%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
31.7 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. Latest count 79.2M per ASX (delayed) (snapshot 11 Sept 2026).
65M70M75M80MDec 24Oct 25Sept 26Cash raise · 16 May 202579.2M

Cash runway

31.7 qtrs
More than four quarters of funding at the recent spend rate.
More than three years of funding at the reported spend rate — far enough out that a dated estimate would be false precision.
$11.6M 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: $11.9M cash at quarter end (item 4.6), 33.0 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.
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15 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.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
11 Sept 20263G · unquotedORDINARY FULLY PAID79.2MAppendix 3G
3 Sept 20262A · quoted issueUBN : ORDINARY FULLY PAID79.2MAppendix 2A
2 Sept 20263H · cancellationUBN : ORDINARY FULLY PAID79.0MAppendix 3H
31 Aug 20262A · quoted issueUBN : ORDINARY FULLY PAID79.0MAppendix 2A
31 Aug 20263H · cancellationUBN : ORDINARY FULLY PAID78.9MAppendix 3H
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40 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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Capital raises

1 cash raise in the last 24 months · 0 in the last 12 months

$8.8M
Placement
16 May 2025
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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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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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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

30.8%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
24.4M
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 24.4M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
UBNABPerformance rightsCondition-triggered642kFiling Meeting
UBNADRightsCondition-triggered23.7MFiling 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.

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2 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

DateDirectorTypeSharesOptionsOtherValueSource
3 Sept 2026Darc RasmussenOther incentive296k4.3M173k3Y notice
31 Aug 2026Simon LeeOther incentive20k3Y notice
21 Nov 2025Darc RasmussenOther296k173k3Y notice
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8 notices on record — 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 12 Sept 2026.