Companies / SPN

SPARC TECHNOLOGIES LIMITED

ASX:SPNMaterials
119.3M shares on issueAppendix 2A · as of 19 May 2026$0.27price · delayed$29.8Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 24% in 24 months; 3 cash raises in 24 months

Cash runway1.4 quarters of funding
Share-count growth (24m)24.5%
Raise cadence (24m)3 cash raises
Options & rights overhang11.1% of shares
In-the-money supply2.5% of shares
Pending proposed issuesnone

SPARC TECHNOLOGIES LIMITED's ordinary share count grew 24.5% between June 2024 and May 2026, to 119M shares. The company raised capital three times in that period for total disclosed proceeds of A$9.2M, most recently A$2.7M in May 2025. Options and rights on issue could convert into 13M new shares, equal to 11.1% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is December 2027. At the March 2026 quarter the company reported A$992K in available cash, about 1.4 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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11.1%
Max option dilution
2.5%
ITM option dilution
0
Raises · last 12 months
1.4 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 119.3M per Appendix 2A (19 May 2026).
100.8M107.6M114.4MDec 24Sept 25July 26Cash raise · 1 May 2025Cash raise · 28 Apr 2025Cash raise · 28 Apr 2025

Cash runway

1.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$992k 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
1 July 20263H · cancellationSPN : ORDINARY FULLY PAID119.3MAppendix 3H
19 May 20262A · quoted issueSPN : ORDINARY FULLY PAID119.3MAppendix 2A
19 May 20262A · quoted issueSPN : ORDINARY FULLY PAID119.3MAppendix 2A
6 May 20262A · quoted issueSPN : ORDINARY FULLY PAID119.2MAppendix 2A
6 May 20263H · cancellationSPN : ORDINARY FULLY PAID118.2MAppendix 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

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

$2.7M
Capital raise
1 May 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

11.1%
Total overhang · of current shares
2.5%
In the money · at current price
13.3M
Potential new shares
Dec 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

DateDirectorTypeSharesOptionsValueSource
1 July 2026Nicholas O'LoughlinOther288k250k—3Y notice
7 May 2026Mr Daniel William EddingtonOther—75k$26k3Y notice
12 Nov 2025Mr Daniel William EddingtonOther3.1M1.1M—3Y notice
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

6 July 2026Change in Director's Interest Notice
1 July 2026Notification of cessation of securities - SPN
29 June 2026$PSparc Expands Graphene Additive Range with SparcES
10 June 2026ASX Hidden Champions Webinar
9 June 2026Sparc Lists on OTCQB Venture Market
8 June 2026$PPV Paint to Commercialise ecosparc Enhanced Coating Range
28 May 2026Notice of ceasing to be a substantial holder
19 May 2026Cleansing Notice
19 May 2026Update - Application for quotation of securities - SPN
19 May 2026Application for quotation of securities - SPN
17 May 2026Sparc Hires Experienced Business Development Manager
11 May 2026Change in Director's Interest Notice
6 May 2026Cleansing Notice
6 May 2026Notification of cessation of securities - SPN
6 May 2026Application for quotation of securities - SPN
4 May 2026ecosparc Commercialisation Webinar
30 Apr 2026Investor Webinar
30 Apr 2026$PQuarterly activities and cashflow report
30 Apr 2026$PAkzoNobel to commercialise ecosparc enhanced coating
29 Apr 2026$PTrading Halt

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