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BIONOMICS LIMITEDFI

For the period ended Jun 30, 2024. Filed Sep 30, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Sep 30, 2024

NEUP$2.78+0.4%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended June 30,2024

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______ to ______

Commission file number:001-41157

BIONOMICS LIMITED

(Exact name of registrant as specified in its charter)

AustraliaN/A
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
200 Greenhill Road Eastwood, SA Australia5063
(Address of principal executive offices)(Zip Code)

+61 8 8150 7400

**(**Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
American Depositary SharesBNOXThe Nasdaq Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐ No☒

The aggregate market value of the registrant’s voting and non-voting shares held by non-affiliates of the registrant as of December 31, 2023 was $13.3 million, computed by reference to the market closing price of $1.50 on December 29, 2023 (the last business day of the registrant’s most recently completed second fiscal quarter) for American Depositary Shares representing the registrant’s ordinary shares trading on such date, as reported on The Nasdaq Global Market. Aggregate market value excludes an aggregate of approximately 326,212,573 ordinary shares held by officers and directors and by each person known by the registrant to own 5% or more of the outstanding ordinary shares on such date. Exclusion of shares held by any of these persons should not be construed to indicate that such person possesses the power, direct or indirect, to direct or cause the direction of the management or policies of the registrant, or that such person is controlled by or under common control with the registrant.

As of September 17, 2024, the registrant had 3,117,662,864 ordinary shares issued and outstanding.

Documents incorporated by reference: None

TABLE OF CONTENTS

Page
Basis of Presentationii
Cautionary Note Regarding Forward-Looking Statementsiii
PART I
Item 1. Business1
Item 1A. Risk Factors45
Item 1B. Unresolved Staff Comments106
Item 1C. Cybersecurity106
Item 2. Properties107
Item 3. Legal Proceedings107
Item 4. Mine Safety Disclosures107
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities108
Item 6. [Reserved]109
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations110
Item 7A. Quantitative and Qualitative Disclosures About Market Risk118
Item 8. Financial Statements and Supplementary Data119
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure119
Item 9A. Controls and Procedures120
Item 9B. Other Information120
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections120
PART III
Item 10. Directors, Executive Officers and Corporate Governance121
Item 11. Executive Compensation127
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters135
Item 13. Certain Relationships and Related Transactions, and Director Independence136
Item 14. Principal Accountant Fees and Services137
PART IV
Item 15. Exhibits and Financial Statement Schedules138
Signatures142

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