XPON TECHNOLOGIES GROUP LIMITED
ASX:XPNSoftware & ServicesToday’s holders own 93.9% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 40% in 24 months; 2 cash raises in 24 months
XPON TECHNOLOGIES GROUP LIMITED’s ordinary share count grew 39.5% between June 2024 and September 2026, its latest share-count filing, to 506M shares. In that period it raised capital twice, with total disclosed proceeds of A$529K, most recently a A$425K placement in August 2025. Options and rights on issue could convert into 33M new shares, equal to 6.5% of the current share count; none are in the money, and no expiry date for these securities has been filed. The company reported 2 to 4 quarters of funding at the recent spend rate for the quarter ended September 2026. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in October 2027.
Quick answers · 5
Is XPN raising capital?
Xpon Technologies Group has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $425k on 27 Aug 2025.
How much placement capacity does XPN have left?
None of the 15% placement capacity counted as used in the last 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 XPN have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Xpon Technologies Group reported $8.4M of cash and estimated 118.0 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does XPN have outstanding?
Unexercised options and rights equal 6.5% of Xpon Technologies Group's shares on issue.
How much has XPN's share count grown?
Xpon Technologies Group has 505.7M shares on issue as at 28 Oct 2026, up 39.5% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 4 Sept 2026 | 2A · quoted issue | XPN : ORDINARY FULLY PAID | 505.7M | Appendix 2A |
| 1 Sept 2026 | 2A · quoted issue | XPN : ORDINARY FULLY PAID | 495.4M | Appendix 2A |
| 17 June 2026 | 2A · quoted issue | XPN : ORDINARY FULLY PAID | 492.9M | Appendix 2A |
| 2 Feb 2026 | 3H · cancellation | XPN : ORDINARY FULLY PAID | 490.4M | Appendix 3H |
| 15 Dec 2025 | 3H · cancellation | XPN : ORDINARY FULLY PAID | 490.4M | Appendix 3H |
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
2 cash raises in the last 24 months · 0 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
- Price-triggered22.6M · 4.5% of sharesOptions and warrants — they convert when the share price clears their exercise price.No exercise price is on record for any of it, so none of it can be called in or out of the money.
- Condition-triggered10.0M · 2.0% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 0 priced, 32.6M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 32.6M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| XPNAQ | Options | Price-triggered, no exercise price stated | — | — | 5.3M | Filing |
| XPNAV | Performance rights | Condition-triggered | — | — | 10.0M | Filing Meeting |
| XPNAR | Options | Price-triggered, no exercise price stated | — | — | 17.3M | 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.
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.
- XPNAUPrice-triggered1.5M securities → 02 Feb 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 3 Sept 2026 | James Olsen | Other incentive | 4.0M | — | 4.0M | — | 3Y notice |
| 3 Sept 2026 | Mark Simari | Other incentive | 6.3M | — | 6.3M | — | 3Y notice |
| 15 June 2026 | James Olsen | Buy on-market | 4.0M | — | 4.0M | $44k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.