Companies / CBL

CONTROL BIONICS LIMITED

ASX:CBLHealth Care Equipment & Services
445.3M shares on issueASX (delayed) · as of 28 July 2026$0.068price · delayed$30.7Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 124% in 24 months; 9 cash raises in 24 months

Cash runway0.8 quarters of funding
Share-count growth (24m)123.5%
Raise cadence (24m)9 cash raises
Options & rights overhang68.2% of shares
In-the-money supply3.3% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

CONTROL BIONICS LIMITED's ordinary share count rose 123.5% between May 2024 and July 2026, to 445M shares. The company raised capital nine times in that period for total disclosed proceeds of A$27.0M, most recently a A$9.8M placement in June 2026. Options and rights on issue could convert into 304M new shares, equal to 68.2% of the current share count, of which 3% are in the money at the current share price; the nearest expiry is October 2026. At the March 2026 quarter the company reported A$1.4M in available cash, about 0.8 quarters of funding at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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68.2%
Max option dilution
3.3%
ITM option dilution
5
Raises · last 12 months
0.8 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 445.3M per ASX (delayed) (28 July 2026).
289.1M346.4M403.8MDec 24Sept 25July 26Cash raise · 23 June 2026Cash raise · 1 Dec 2025Cash raise · 28 Nov 2025Cash raise · 28 Aug 2025Cash raise · 27 Aug 2025Cash raise · 24 Feb 2025

Cash runway

0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$1.4M 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
20 July 20262A · quoted issueCBL : ORDINARY FULLY PAID445.3MAppendix 2A
7 July 20263H · cancellationCBL : ORDINARY FULLY PAID441.9MAppendix 3H
6 July 20263G · unquotedCBL : ORDINARY FULLY PAID441.9MAppendix 3G
1 July 20262A · quoted issueCBL : ORDINARY FULLY PAID441.9MAppendix 2A
1 Jan 20262A · quoted issueCBL : ORDINARY FULLY PAID412.0MAppendix 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

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

$9.8M
Placement
23 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

2 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

68.2%
Total overhang · of current shares
3.3%
In the money · at current price
303.8M
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
21 July 2026Stephen RixBuy400k—$30k3Y notice
27 Feb 2026Stephen RixBuy588k—$35k3Y notice
26 Nov 2025Jeremy SteeleOther3.6M8.0M—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

21 July 2026Change of Director's Interest Notice - Rix
20 July 2026Application for quotation of securities - CBL
20 July 2026SPP results
7 July 2026Notification of cessation of securities - CBL
6 July 2026Notification regarding unquoted securities - CBL
6 July 2026Notice of General Meeting/Proxy Form
3 July 2026Change in substantial holding - Phoenix
2 July 2026SPP Cleansing Notice
2 July 2026Security Purchase Plan Offer Document
1 July 2026Placement cleansing notice
1 July 2026Application for quotation of securities - CBL
30 June 2026Life Science Intelligence Asia Presentation
30 June 2026Control Bionics to present at Life Science Intelligence Asia
25 June 2026Proposed issue of securities - CBL
25 June 2026Proposed issue of securities - CBL
25 June 2026Proposed issue of securities - CBL
25 June 2026$PCompletion of Placement
24 June 2026$PTrading Halt
23 June 2026$PPause in Trading
14 June 2026Investor Webinar

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