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NOVONIX Seeks ASX Quotation for Over 1 Million New Shares

Story Highlights
  • NOVONIX Limited will list 1,000,725 new ordinary fully paid shares on the ASX.
  • The additional shares result from exercised or converted securities, slightly expanding NOVONIX’s capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NOVONIX Seeks ASX Quotation for Over 1 Million New Shares

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The latest announcement is out from NOVONIX Ltd ( (AU:NVX) ).

NOVONIX Limited has applied to the ASX for quotation of 1,000,725 ordinary fully paid shares, effective 13 January 2026. The new securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and potentially affecting its capital structure and liquidity profile for investors.

The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.

More about NOVONIX Ltd

NOVONIX Limited is an Australian-listed company (ASX: NVX). The announcement relates to its ordinary fully paid shares but does not provide additional detail on its specific industry, products, or market focus.

Average Trading Volume: 9,786,818

Technical Sentiment Signal: Sell

Current Market Cap: A$474.6M

For a thorough assessment of NVX stock, go to TipRanks’ Stock Analysis page.

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