Companies / 4DX

4DMEDICAL LIMITED

ASX:4DXHealth Care Equipment & Services
599.6M shares on issueASX (delayed) · as of 28 July 2026$3.28price · delayed$1.86Bmarket cap · indicative
C
Dilution grade

Share count grew 46% in 24 months; 7 cash raises in 24 months; options/rights overhang 29% of shares

Cash runway25.4 quarters of funding
Share-count growth (24m)46.0%
Raise cadence (24m)7 cash raises
Options & rights overhang29.2% of shares
In-the-money supply4.4% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

4DMEDICAL LIMITED's ordinary share count grew 46.0% between July 2024 and July 2026, to 599M shares. The company raised capital seven times in that period for total disclosed proceeds of A$347.6M, most recently a A$83.0M placement in March 2026. Options and rights on issue could convert into 175M new shares, equal to 29.2% of the current share count, of which 4% are in the money at the current share price; the nearest expiry falls in October 2026. At the March 2026 quarter the company reported A$272.1M in available cash, about 25.4 quarters of funding at its recent spending rate. Four proposed securities issues (Appendix 3B) are pending, with the nearest proposed issue date in July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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29.2%
Max option dilution
4.4%
ITM option dilution
5
Raises · last 12 months
25.4 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 599.6M per ASX (delayed) (28 July 2026).
450.8M505.4M560.1MDec 24Sept 25July 26Cash raise · 27 Mar 2026Cash raise · 26 Mar 2026Cash raise · 12 Jan 2026Cash raise · 12 Jan 2026Cash raise · 11 Dec 2025Cash raise · 25 Mar 2025Cash raise · 20 Feb 2025

Cash runway

25.4 qtrs
More than four quarters of funding at the recent spend rate.
$272.1M 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
10 July 20262A · quoted issue4DX : ORDINARY FULLY PAID598.0MAppendix 2A
10 July 20262A · quoted issue4DX : ORDINARY FULLY PAID599.3MAppendix 2A
1 July 20262A · quoted issue4DX : ORDINARY FULLY PAID597.6MAppendix 2A
1 July 20262A · quoted issue4DX : ORDINARY FULLY PAID597.6MAppendix 2A
26 June 20262A · quoted issue4DX : ORDINARY FULLY PAID597.0MAppendix 2A
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

7 cash raises in the last 24 months · 5 in the last 12 months

$83.0M
Placement
27 Mar 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

4 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

29.2%
Total overhang · of current shares
4.4%
In the money · at current price
175.1M
Potential new shares
Oct 2026
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 June 2026Lil BianchiOther308k3Y notice
19 June 2026John LivingstonOther248k248k3Y notice
19 June 2026Julian Bernard Kingsley SuttonBuy11k$50k3Y 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

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