Companies / FGR

FIRST GRAPHENE LIMITED

ASX:FGRMaterials

883.9M shares on issueASX (delayed) · as of 28 July 2026$0.059price · delayed$53.0Mmarket cap · indicative

Dilution grade

Runway 2–4 quarters; share count grew 34% in 24 months; 3 cash raises in 24 months

Cash runway3.3 quarters of funding

Share-count growth (24m)34.1%

Raise cadence (24m)3 cash raises

Options & rights overhang45.8% of shares

In-the-money supply8.6% of shares

Pending proposed issuesopen proposed issue (Appendix 3B)

FIRST GRAPHENE LIMITED's ordinary share count grew 34.1% between March 2024 and June 2026, to 884M shares. The company raised capital three times in that period for total disclosed proceeds of A$9.1M, most recently A$3.5M in November 2025. Options and rights on issue could convert into 405M new shares, equal to 45.8% of the current share count, of which 9% are in the money at the current share price; the nearest expiry is March 2027. At the March 2026 quarter the company reported A$2.9M in available cash, equivalent to about 3.3 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending with an expected issue date in June 2027.

AI-generated summary of this page's cited filings · updated 28 July 2026

45.8%

Max option dilution

8.6%

ITM option dilution

Raises · last 12 months

3.3 qtrs

Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue

Weekly counts from ASX records. Dots mark cash capital raises. Latest count 883.9M per ASX (delayed) (28 July 2026).

Cash runway

3.3 qtrs

Two to four quarters of funding at the recent spend rate.

$2.9M 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)

Date	Form	Security	Total on issue after	Source
12 June 2026	2A · quoted issue	FGR : ORDINARY FULLY PAID	883.9M	Appendix 2A
10 Apr 2026	2A · quoted issue	FGR : ORDINARY FULLY PAID	880.7M	Appendix 2A
1 Feb 2026	2A · quoted issue	FGR : ORDINARY FULLY PAID	880.5M	Appendix 2A
28 Dec 2025	2A · quoted issue	FGR : ORDINARY FULLY PAID	880.5M	Appendix 2A
15 Dec 2025	2A · quoted issue	FGR : ORDINARY FULLY PAID	880.5M	Appendix 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

3 cash raises in the last 24 months · 1 in the last 12 months

$3.5M

Capital raise

6 Nov 2025

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

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.

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Options & convertible securities

45.8%

Total overhang · of current shares

8.6%

In the money · at current price

404.7M

Potential new shares

Mar 2027

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

Date	Director	Type	Shares	Options	Value	Source
12 Dec 2025	Andrew James Goodwin	Other	—	—	—	3Y notice
4 Dec 2025	Warwick Robert Grigor	Other	—	—	—	3Y notice
4 Dec 2025	Michael Bell	Other	—	—	—	3Y notice