VITASORA HEALTH LIMITED
ASX:VHLHealth Care Equipment & ServicesToday’s holders own 96.3% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 49% in 24 months; 3 cash raises in 24 months; since relisting as VHL; prior history under RSH not included
VITASORA HEALTH LIMITED's share count between May 2025 and September 2026, its latest share-count filing, rose 48.9% to 2.35B shares. All share and capital figures cover only the period since the company's rename from RSH in April 2025. In that window it raised A$15.5M across three issues, most recently a A$4.3M placement in June 2026. Options and rights could convert into 90M shares, a 3.8% overhang, with none in the money and the nearest expiry in January 2027. Cash funding stands at under 2 quarters of funding at the recent spend rate. No proposed securities issues (Appendix 3B) are pending.
Quick answers · 4
When did VHL last raise capital?
The last capital raise in Vitasora Health's filings is Placement of $4.3M announced 11 June 2026, one of 3 cash raises in 24 months.
How much placement capacity does VHL have left?
About 16% of the 15% placement capacity left, about 84% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does VHL have?
In its quarterly cash report for the quarter ended 30 June 2026, Vitasora Health reported $3.1M of cash and estimated 1.8 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do VHL's options expire?
Unexercised options and rights equal 3.8% of Vitasora Health's shares on issue; the nearest expiry is Jan 2027.
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 |
|---|---|---|---|---|
| 3 Sept 2026 | 2A · quoted issue | VHL : ORDINARY FULLY PAID | 2.35B | Appendix 2A |
| 3 July 2026 | 2A · quoted issue | VHL : ORDINARY FULLY PAID | 2.34B | Appendix 2A |
| 22 June 2026 | 3H · cancellation | VHL : ORDINARY FULLY PAID | 2.34B | Appendix 3H |
| 18 June 2026 | 2A · quoted issue | VHL : ORDINARY FULLY PAID | 2.34B | Appendix 2A |
| 3 Mar 2026 | 2A · quoted issue | VHL : ORDINARY FULLY PAID | 1.94B | Appendix 2A |
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
3 cash raises in the last 24 months · 2 in the last 12 months · counted since relisting as VHL (21 Apr 2025); prior history under RSH is not included
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
At $0.013 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 10× today’s price, which takes it to 87.0M (3.7% of shares).
- 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.
- 3.2M 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 |
|---|---|---|---|---|---|---|
| VHLAAJ | Options | Price-triggered | $0.065 | 8 Jan 2027 | 4.0M | Filing |
| VHLAAI | Options | Price-triggered | $0.10 | 8 Jan 2027 | 11.0M | Filing |
| VHLAAB | Options | Price-triggered | $0.20 | 31 Jan 2027 | 3.2M | Filing |
| VHLAAC | Options | Price-triggered | $0.10 | 9 June 2027 | 2.0M | Filing |
| VHLAAG | Options | Price-triggered | $0.080 | 30 June 2028 | 35.0M | Filing |
| VHLAAH | Options | Price-triggered | $0.12 | 30 June 2028 | 35.0M | 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.
- VHLACPrice-triggered8.0M securities → 022 June 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 17 Dec 2025 | Marjan Mikel | Sell | — | 30.0M | — | — | 3Y notice |
| 17 Dec 2025 | Nicholas Smedley | Sell | — | 30.0M | — | — | 3Y notice |
| 1 Oct 2025 | Marjan Mikel | Other placement | 3.3M | — | — | — | 3Y notice |
| 1 Oct 2025 | Nicholas Smedley | Other placement | 3.3M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.