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Novonix (NVNXF) adds 451,991 NVX shares from performance rights conversion

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

NOVONIX LIMITED has issued 451,991 new ordinary fully paid shares (ASX code NVX) on 11/03/2026 following the conversion of performance rights under an employee incentive scheme. The shares were issued for non-cash consideration, with an estimated value of AUD 0.30 per share.

After this issue, the company has 861,365,155 NVX ordinary shares quoted on ASX. It also has unquoted performance rights, options with various terms, and convertible notes remaining on issue, which may lead to further share issuances if converted or exercised.

Positive

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Negative

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of March, 2026

 

 

001-41208

 

 

(Commission File Number)

 

 

NOVONIX LIMITED

(Translation of registrant’s name into English)

 

Level 38

71 Eagle Street

Brisbane, QLD 4000 Australia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20‑F or Form 40‑F.

Form 20-F Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 


EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

Exhibit 99.1

 

Appendix 2A (Application for quotation of securities) dated March 11, 2026.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NOVONIX LIMITED

 

 

By:

/s/ Robert Long

 

Robert Long

 

Chief Financial Officer

Date: March 11, 2026

 

 


 

img58969013_0.jpg

Appendix 2A - Application for quotation of securities

 

 

 

 

 

EXHIBIT 99.1

Announcement Summary

 

 

Entity name

NOVONIX LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday March 11, 2026

 

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

 

 

 

 

 

 

ASX +security

 

Number of +securities to

 

code

Security description

 

be quoted

Issue date

 

 

 

 

 

 

 

NVX

ORDINARY FULLY PAID

 

451,991

11/03/2026

 

 

 

 

 

 

 

 

 

 

 

 

 

Refer to next page for full details of the announcement

 

 

 

 

Appendix 2A - Application for quotation of securities

1 / 6

 


 

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Appendix 2A - Application for quotation of securities

 

 

 

 

Part 1 - Entity and announcement details

 

 

 

1.1 Name of entity

NOVONIX LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

 

 

1.2 Registered number type

Registration number

 

 

 

 

ABN

54157690830

 

 

1.3 ASX issuer code

NVX

 

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/3/2026

 

 

 

 

Appendix 2A - Application for quotation of securities

2 / 6

 


 

img58969013_0.jpg

Appendix 2A - Application for quotation of securities

 

 

 

 

Part 2 - Type of Issue

 

 

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

 

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

 

 

 

 

Appendix 2A - Application for quotation of securities

3 / 6

 


 

img58969013_0.jpg

Appendix 2A - Application for quotation of securities

 

 

 

 

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

 

Existing +securities converting into additional +securities in an existing class FROM (Existing Class)

ASX +security code and description

NVX:AD : PERFORMANCE RIGHTS

 

 

TO (Existing Class)

ASX +security code and description

NVX : ORDINARY FULLY PAID

 

Please state the number of options
that were exercised or other

+convertible securities that were
converted

1,870,540

The first date the options were
exercised or other +convertible
securities were converted

11/3/2026

The last date the options were
exercised or other +convertible
securities were converted

11/3/2026

 

 

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

An issue of new +securities

The underlying +securities being received by the holder are:

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key managemetn personnel (KMP) or an +associate?

No

 

Issue date

11/3/2026

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued

+securities in that class?

Yes

 

 

 

Appendix 2A - Application for quotation of securities

4 / 6

 


 

img58969013_0.jpg

Appendix 2A - Application for quotation of securities

 

 

 

Issue details

 

 

Number of +securities to be quoted

451,991

Are the +securities being issued for a cash consideration?

No

 

Please describe the consideration being provided for the +securities

Issue of ordinary shares on vesting of employee performance rights.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the

+securities to be quoted

0.300000

Any other information the entity wishes to provide about the +securities to be quoted

 

 

 

 

 

 

 

Appendix 2A - Application for quotation of securities

5 / 6

 


 

img58969013_0.jpg

Appendix 2A - Application for quotation of securities

 

 

 

 

Part 4 - Issued capital following quotation

 

 

 

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the

+securities subject of this application)

 

ASX +security code and description

Total number of

+securities on issue

 

 

 

 

NVX : ORDINARY FULLY PAID

861,365,155

 

 

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

 

ASX +security code and description

Total number of

+securities on issue

 

 

NVXAD : PERFORMANCE RIGHTS

23,217,714

 

 

NVXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

14,016,667

 

 

NVXAL : CONVERTIBLE NOTES

45,221,586

 

 

 

NVXAH : CONVERTIBLE DEBENTURES

35,000,000

 

 

 

 

Appendix 2A - Application for quotation of securities

6 / 6

 


FAQ

What did NOVONIX LIMITED (NVNXF) announce in this Form 6-K?

NOVONIX LIMITED reported the issue of 451,991 new ordinary fully paid shares on 11 March 2026. These shares result from performance rights converting under an employee incentive scheme and will be quoted on ASX under code NVX as part of the existing share class.

How many new NOVONIX (NVNXF) shares were created and why?

NOVONIX created 451,991 new NVX ordinary fully paid shares through the conversion of performance rights. These rights were issued under an employee incentive scheme, rewarding participants in equity rather than cash and increasing the number of quoted shares in the same existing class.

Do the newly issued NOVONIX (NVNXF) shares rank equally with existing shares?

Yes, the 451,991 new NVX ordinary fully paid shares will rank equally in all respects with existing NVX shares from their 11 March 2026 issue date. Holders receive the same rights as other ordinary shareholders quoted on the Australian Securities Exchange.

Was cash paid for the new NOVONIX LIMITED (NVNXF) shares?

No cash was paid for the 451,991 new NVX shares. They were issued as consideration for converting performance rights, with an estimated value of AUD 0.30 per share, reflecting a non-cash equity-based component of employee or participant compensation.

What is NOVONIX’s (NVNXF) total quoted share capital after this issue?

Following this issue, NOVONIX has 861,365,155 NVX ordinary fully paid shares quoted on ASX. This total includes the additional 451,991 shares created from performance rights conversion, as reflected in the updated issued capital figures after quotation.

What unquoted NOVONIX (NVNXF) securities remain outstanding after this share issue?

After the new share issue, NOVONIX still has unquoted securities: NVXAD performance rights, NVXAA options expiring on various dates at various prices, and NVXAL convertible notes. These instruments may convert into further NVX ordinary shares if their terms are met or exercised.

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