Companies / AXE

ARCHER MATERIALS LIMITED

ASX:AXESemiconductors & Semiconductor Equipment
280.3M shares on issueASX (delayed) · as of 28 July 2026$0.22price · delayed$60.3Mmarket cap · indicative
B
Dilution grade

1 cash raise in 24 months; options/rights overhang 7% of shares; proposed issue pending

Cash runway14.3 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)1 cash raise
Options & rights overhang6.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ARCHER MATERIALS LIMITED had 280M ordinary shares as of July 2026. The company lodged no new Appendix 2A share-issuance filings since January 2024. It raised capital once in the 24-month window for total proceeds of A$10.0M, most recently via a Placement and SPP in June 2026 raising A$10.0M. Options and rights on issue could convert into 19M new shares, equal to 6.9% of the current share count, with 0% in the money and the nearest expiry in June 2028. At the June 2026 quarter the company reported A$27.7M in cash, covering 14.3 quarters at the reported run-rate. 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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6.9%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
14.3 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 280.3M per ASX (delayed) (28 July 2026).
260.2M267.6M274.9MDec 24Sept 25July 26Cash raise · 30 June 2026

Cash runway

14.3 qtrs
More than four quarters of funding at the recent spend rate.
$27.7M available cash at quarter ended 30 June 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 30 June 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
8 July 20262A · quoted issueAXE : ORDINARY FULLY PAID280.3MAppendix 2A
26 June 20263H · cancellationAXE : ORDINARY FULLY PAID254.8MAppendix 3H
21 May 20263H · cancellationAXE : ORDINARY FULLY PAID254.8MAppendix 3H
22 Apr 20263H · cancellationAXE : ORDINARY FULLY PAID254.8MAppendix 3H
20 Nov 20253G · unquotedORDINARY FULLY PAID254.8MAppendix 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

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

$10.0M
Placement and SPP
30 June 2026 ACTIVE
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

6.9%
Total overhang · of current shares
0.0%
In the money · at current price
19.4M
Potential new shares
June 2028
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
20 Nov 2025Gregory David EnglishOther———3Y notice
31 May 2025Gregory David EnglishSell7.5M5.0M—3Y notice
31 May 2025Bernadette Mary HarkinSell—1.5M—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 2026Notice of General Meeting/Proxy Form
9 July 2026Dispatch of Share Purchase Plan Offer Booklet
8 July 2026Completion of A$6.86m Tranche 1 Placement, s708A Notice
8 July 2026Application for quotation of securities - AXE
8 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
3 July 2026AXE to host webinar - IonQ Strategic Partnership and SPP
3 July 2026Proposed issue of securities - AXE
3 July 2026$PPresentation - Bringing Quantum Computing to Australia
3 July 2026$PArcher Completes $7m Placement and Launches SPP Offer
30 June 2026$PArcher enters strategic agreement with quantum leader, IonQ
30 June 2026$PTrading Halt
26 June 2026Notification of cessation of securities - AXE
14 June 2026AXE advances quantum strategy amid growing global momentum
4 June 2026$PArcher QML Project achieves key milestones
21 May 2026Notification of cessation of securities - AXE
14 May 2026$PBiosensor beta prototype and manufacturing pathway advanced
11 May 2026$PArcher strengthens pathway to quantum device manufacturing
3 May 2026Archer to host quarterly update investor webinar
28 Apr 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
22 Apr 2026Notification of cessation of securities - AXE

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