Companies / CG1

CARBONXT GROUP LIMITED

ASX:CG1Materials
433.3M shares on issueASX (delayed) · as of 28 July 2026$0.085price · delayed$38.1Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 34% in 24 months; 13 cash raises in 24 months

Cash runway-0.8 quarters of funding
Share-count growth (24m)33.7%
Raise cadence (24m)13 cash raises
Options & rights overhang60.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

CARBONXT GROUP LIMITED's ordinary share count rose 33.7% between February 2024 and January 2026, to 433M shares. The company raised capital 13 times in that period for total disclosed proceeds of A$15.0M, most recently issuing Convertible Notes that raised A$2.0M in July 2026. Options and rights on issue could convert into 261M new shares, equal to 60.3% of the current share count, with 0% in the money at the current share price and the nearest expiry in October 2026. At the March 2026 quarter the company reported A$-393K in available cash, equivalent to -0.8 quarters of cover. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
60.3%
Max option dilution
0.0%
ITM option dilution
7
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 433.3M per ASX (delayed) (28 July 2026).
384.4M402.3M420.3MDec 24Sept 25July 26Cash raise · 6 July 2026Cash raise · 5 Jan 2026Cash raise · 2 Jan 2026Cash raise · 16 Oct 2025Cash raise · 16 Oct 2025Cash raise · 22 Aug 2025Cash raise · 21 Aug 2025Cash raise · 9 Apr 2025Cash raise · 8 Apr 2025Cash raise · 16 Feb 2025Cash raise · 14 Feb 2025Cash raise · 19 Dec 2024

Cash runway

-0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-393k 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
6 July 20263G · unquotedORDINARY FULLY PAID433.3MAppendix 3G
16 Apr 20263G · unquotedCG1 : ORDINARY FULLY PAID433.3MAppendix 3G
25 Feb 20263G · unquotedORDINARY FULLY PAID433.3MAppendix 3G
6 Jan 20262A · quoted issueCG1 : ORDINARY FULLY PAID433.3MAppendix 2A
28 Nov 20253G · unquotedCG1 : ORDINARY FULLY PAID426.7MAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

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

$2.0M
Convertible Notes
6 July 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

1 proposed issue 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.
Join the waitlist

Options & convertible securities

60.3%
Total overhang · of current shares
0.0%
In the money · at current price
261.2M
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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
26 Sept 2025Nicholas AndrewsOther—1—3Y notice
26 Sept 2025Matthew DriscollOther———3Y notice
26 Sept 2025David MazyckOther426k5.3M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

6 July 2026Proposed issue of securities - CG1
6 July 2026Notification regarding unquoted securities - CG1
5 July 2026$PCG1 Strengthens Balance Sheet to Support Kentucky Growth
30 Apr 2026$PQ3 FY26 Quarterly Activities Report & Appendix 4C
16 Apr 2026Notification regarding unquoted securities - CG1
15 Apr 2026$PCarbonxt Secures $750,000 Convertible Note Funding
27 Feb 2026$PHY26 Results Announcement
27 Feb 2026$PHalf Yearly Report and Accounts
25 Feb 2026Notification regarding unquoted securities - CG1
24 Feb 2026$PCarbonxt Secures $500,000 Convertible Note Funding
5 Feb 2026Q2 FY26 Appendix 4C - Correction
30 Jan 2026$PQ2 FY26 Quarterly Activities Report & Appendix 4C
6 Jan 2026Cleansing Statement
6 Jan 2026Application for quotation of securities - CG1
4 Jan 2026Proposed issue of securities - CG1
4 Jan 2026$PPlacement to Fund Further Investment in New Carbon
28 Nov 2025Notification regarding unquoted securities - CG1
28 Nov 2025Notification regarding unquoted securities - CG1
24 Nov 20252025 Annual General Meeting Results
23 Nov 2025Chairman's Address to AGM

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