RHYTHM BIOSCIENCES LIMITED
ASX:RHYHealth Care Equipment & ServicesShare count grew 42% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
RHYTHM BIOSCIENCES LIMITED's ordinary share count grew 42.3% between May 2024 and April 2026, to 354M shares. The company raised capital five times in that 24-month window for total disclosed proceeds of A$12.5M, most recently raising A$5.3M in February 2026. Options and rights on issue could convert into 166M new shares, equal to 46.9% of the current share count, with none currently in the money and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$4.8M in available cash, representing about 3.5 quarters of funding at its reported burn rate. No proposed securities issues (Appendix 3B) are 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 |
|---|---|---|---|---|
| 17 Apr 2026 | 2A · quoted issue | RHY : ORDINARY FULLY PAID | 353.9M | Appendix 2A |
| 15 Apr 2026 | 2A · quoted issue | RHY : ORDINARY FULLY PAID | 353.9M | Appendix 2A |
| 7 Apr 2026 | 3H · cancellation | RHY : ORDINARY FULLY PAID | 330.2M | Appendix 3H |
| 2 Apr 2026 | 2A · quoted issue | RHY : ORDINARY FULLY PAID | 332.1M | Appendix 2A |
| 27 Mar 2026 | 2A · quoted issue | RHY : ORDINARY FULLY PAID | 333.1M | Appendix 2A |
Capital raises
5 cash raises in the last 24 months · 3 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.