Companies / NRZ

NEURIZER LTD

ASX:NRZMaterials
3.40B shares on issueASX (delayed) · as of 28 July 2026$0.001price · delayed—market cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 78% in 24 months; 6 cash raises in 24 months

Cash runway-1.0 quarters of funding
Share-count growth (24m)78.2%
Raise cadence (24m)6 cash raises
Options & rights overhang1.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

NEURIZER LTD's ordinary share count grew 78.2% between May 2024 and May 2026, to 3.39B shares. The company raised capital six times in that 24-month window for total disclosed proceeds of A$2.3M, most recently A$200K in February 2025. Options and rights on issue could convert into 66M new shares, equal to 1.9% of the current share count, with no in-the-money options and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$-320K in available cash, equivalent to -1.0 quarters of funding at its recent spending 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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1.9%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-1.0 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 3.40B per ASX (delayed) (28 July 2026).
2.94B3.11B3.28BDec 24Sept 25July 26Cash raise · 17 Feb 2025Cash raise · 22 Jan 2025Cash raise · 11 Dec 2024

Cash runway

-1.0 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-320k 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
4 May 20262A · quoted issueNRZ : ORDINARY FULLY PAID3.39BAppendix 2A
4 May 20262A · quoted issueNRZ : ORDINARY FULLY PAID3.37BAppendix 2A
21 Feb 20252A · quoted issueNRZ : ORDINARY FULLY PAID3.36BAppendix 2A
11 Feb 20253G · unquotedORDINARY FULLY PAID3.22BAppendix 3G
10 Feb 20253H · cancellationNRZ : ORDINARY FULLY PAID3.06BAppendix 3H
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

6 cash raises in the last 24 months · 0 in the last 12 months

$200k
Capital raise
17 Feb 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.9%
Total overhang · of current shares
0.0%
In the money · at current price
66.0M
Potential new shares
Aug 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

No director dealing notices (Appendix 3Y) on record.
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

4 May 2026Application for quotation of securities - NRZ
4 May 2026Application for quotation of securities - NRZ
4 May 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
30 Mar 2026$P2nd Q 25/26 Activities/Annexure 5B Cashflow Report
30 Mar 2026$P1st Q 25/26 Quarterly Activities/Annexure 5B Cashflow Report
30 Mar 2026$PQ4 2024/25 Quarterly Activities/Annexure 5B Cashflow Report
30 Mar 2026$P3rd Q 24/25 Quarterly Activities/Annexure 5B Cashflow Report
13 Mar 2026NRZ Interim Financial Report
13 Mar 2026$PChairmans Letter to Shareholders
13 Mar 2026$PImportant Milestones at Leigh Creek
20 May 2025Final Director's Interest Notice
19 May 2025Change of Director and Company Secretary
21 Feb 2025Application for quotation of securities - NRZ
16 Feb 2025Proposed issue of securities - NRZ
16 Feb 2025$PPrivate Share Placement
11 Feb 2025Notification regarding unquoted securities - NRZ
10 Feb 2025Notification of cessation of securities - NRZ
7 Feb 2025Application for quotation of securities - NRZ
30 Jan 2025Application for quotation of securities - NRZ
29 Jan 2025Proposed issue of securities - NRZ

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