NOVONIX LIMITED
ASX:NVXTechnology Hardware & EquipmentShare count grew 102% in 24 months; runway 2–4 quarters; 3 cash raises in 24 months
NOVONIX LIMITED's ordinary share count grew 102.5% between July 2024 and July 2026, to 998M shares. The company raised capital three times in that period for total disclosed proceeds of A$250.3M, most recently a A$21.7M placement and share purchase plan in June 2026. Options and rights on issue could convert into 117M new shares, equal to 11.7% of the current share count, with 0% in the money. At the March 2026 quarter the company reported A$49.5M in available cash, equivalent to 2.2 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 20 July 2026 | 2A · quoted issue | NVX : ORDINARY FULLY PAID | 997.6M | Appendix 2A |
| 2 July 2026 | 2A · quoted issue | NVX : ORDINARY FULLY PAID | 991.6M | Appendix 2A |
| 29 June 2026 | 3H · cancellation | NVX : ORDINARY FULLY PAID | 991.6M | Appendix 3H |
| 19 June 2026 | 2A · quoted issue | NVX : ORDINARY FULLY PAID | 991.6M | Appendix 2A |
| 27 May 2026 | 3H · cancellation | NVX : ORDINARY FULLY PAID | 862.2M | Appendix 3H |
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.