NOVONIX issues 68K new shares from incentives

NOVONIX Ltd adds a small number of incentive-related ordinary shares to its ASX-quoted capital, which now totals just under one billion shares.

Available on EDGAR 09/15/2026 - 06:05 AM EDT Accepted by SEC EDGAR 09/14/2026 - 07:44 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

NOVONIX Ltd (NVX) reports that 68,107 new ordinary fully paid shares have been issued on September 15, 2026, for quotation on ASX as a result of performance rights converting under an employee incentive scheme. These additional shares form part of an existing quoted class and rank equally in all respects with existing ordinary shares.

Following this issue, total quoted ordinary shares are 997,852,692, while the company also has various unquoted performance rights, options, share rights, convertible notes and convertible debentures outstanding.

Filing Explained

The non-cash employee-plan issue increases share count; ASX quotation of the 68,107 shares is intended but not yet reported as complete.

NOVONIX reports that September 15, 2026 was the issue date for 68,107 new ordinary shares, while the application says they were intended, but not yet confirmed, to be quoted on ASX. The issue increases the company's share count and correspondingly reduces existing holders' percentage ownership.

The shares came from performance rights converting under an employee incentive scheme and were satisfied by issuing new securities, not by cash consideration. The filing also says this was not the conversion of all performance rights of that type.

After the stated quotation, the company lists 21,189,967 unquoted performance rights, 14,016,667 options, 1,371,566 share rights, 45,221,586 convertible notes and 35,000,000 convertible debentures.

The specific follow-up is whether ASX quotation of the 68,107 shares is completed; this filing does not state that the quotation has already occurred.

Key Figures

New ordinary shares to be quoted: 68,107 shares Total quoted ordinary shares (NVX): 997,852,692 shares Unquoted performance rights (NVXAD): 21,189,967 rights +4 more

7 metrics

New ordinary shares to be quoted 68,107 shares Ordinary fully paid shares issued from performance rights, issue date September 15, 2026

Total quoted ordinary shares (NVX) 997,852,692 shares Total NVX ordinary fully paid shares quoted on ASX after the new issue

Unquoted performance rights (NVXAD) 21,189,967 rights Total performance rights on issue and not quoted on ASX

Unquoted options (NVXAA) 14,016,667 options Options expiring on various dates at various prices, unquoted

Unquoted share rights (NVXAM) 1,371,566 rights Share rights on issue but not quoted on ASX

Unquoted convertible notes (NVXAL) 45,221,586 notes Convertible notes on issue but not quoted on ASX

Unquoted convertible debentures (NVXAH) 35,000,000 debentures Convertible debentures on issue but not quoted on ASX

Key Terms

performance rights, employee incentive scheme, convertible notes, convertible debentures, +1 more

5 terms

performance rights financial

"FROM (Existing Class) ASX +security code and description PERFORMANCE RIGHTS"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

employee incentive scheme financial

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

convertible notes financial

"NVXAL CONVERTIBLE NOTES | 45,221,586"

Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.

convertible debentures financial

"NVXAH CONVERTIBLE DEBENTURES | 35,000,000"

Convertible debentures are loans a company issues that pay interest like a bond but can be swapped later for the company’s shares at a set price. For investors they act like a safety-net plus a shortcut: you get regular interest payments while retaining the option to join ownership if the share price rises, which offers upside potential but can dilute existing shareholders if conversion occurs.

quotation of securities financial

"We (the entity named above) apply for +quotation of the following +securities"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new NVX securities are being quoted on ASX in this Form 6-K?

NOVONIX is seeking quotation for 68,107 new ordinary fully paid shares on ASX, issued on September 15, 2026 following the conversion of performance rights under an employee incentive scheme. These shares are additional securities in an existing quoted class.

How were the new NVX shares created according to the September 2026 filing?

The 68,107 new NVX ordinary shares were created by conversion of performance rights, which are a type of employee incentive instrument. The filing states they were issued under an employee incentive scheme and not for cash consideration.

Do the newly issued NVX shares rank equally with existing ordinary shares?

Yes. The filing states that the 68,107 new ordinary fully paid NVX shares will rank equally in all respects from their issue date with the existing issued securities in that class, meaning they carry the same rights as other ordinary shares.

What is the total number of NVX ordinary shares on issue after this quotation?

After quotation of the new shares, NOVONIX has 997,852,692 ordinary fully paid NVX shares quoted on ASX. This total reflects the existing capital plus the 68,107 new shares arising from performance rights conversion.

What unquoted securities does NVX have outstanding after this capital change?

NOVONIX lists unquoted securities including 21,189,967 performance rights (NVXAD), 14,016,667 options (NVXAA), 1,371,566 share rights (NVXAM), 45,221,586 convertible notes (NVXAL) and 35,000,000 convertible debentures (NVXAH) on issue.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 September, 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 September 15, 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/ Mike O'Kronley
	Mike O'Kronley
	Chief Executive Officer

Date: September 15, 2026

Appendix 2A - Application for quotation of securities

EXHIBIT 99.1

Announcement Summary

Entity name

NOVONIX LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday September 15, 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		68,107	15/09/2026

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities 1 / 6

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

15/9/2026

Appendix 2A - Application for quotation of securities 2 / 6

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

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 101,573 The first date the options were
exercised or other +convertible
securities were converted 15/9/2026 The last date the options were
exercised or other +convertible
securities were converted 15/9/2026

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

15/9/2026

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

Appendix 2A - Application for quotation of securities

Issue details

Number of +securities to be quoted

68,107

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issue of ordinary shares on the 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

0.120000

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

Appendix 2A - Application for quotation of securities 5 / 6

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	997,852,692

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	21,189,967
NVXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	14,016,667
NVXAM : SHARE RIGHTS	1,371,566
NVXAL : CONVERTIBLE NOTES	45,221,586
NVXAH : CONVERTIBLE DEBENTURES	35,000,000

Appendix 2A - Application for quotation of securities 6 / 6

Filing Exhibits & Attachments

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• EX-99.1 EX-99.1 102.4 KB