Aeon Acquisition I Corp. (AESPW) Warrant
Each AESPW warrant gives the holder the right to buy 1 share of Aeon Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.99, below the strike, so the warrant is out of the money. Aeon Acquisition I Corp. has a market value of about $61.55M. Aeon Acquisition I Corp. is a SPAC (no deal announced yet). It must complete a deal by June 4, 2027 or the warrants expire worthless. There are 14.38M listed warrants; exercising all of them would add 233.3% to the 6.16M shares outstanding.
AESP vs strike, last 12 months
No share-price history for AESP yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.56
From the issuer's S-1/A (2026-05-18).
Company and stock
- Company
- Aeon Acquisition I Corp.
- Underlying stock
- AESP
- Share price
- $9.99
- Market cap
- $61.55M
- Shares outstanding
- 6.16M
- Value of all listed warrants
- $862.50K (1.4% of market cap)
Market cap is the last share price times shares outstanding (as of 2025-12-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0600
- Price / model
Get Pro to see whether AESPW is cheap or rich against our model.
Dilution
- Shares outstanding
- 6.16M
- Listed warrants
- 14.38M
- Dilution if all exercised
- 233.3%
Warrant count from filing notes, read by hand (high): Public Warrants (one warrant per Public Unit).
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-06-04
- Latest possible deadline
- 2027-12-04
- Trust per share
- $10.03
- Sponsor
- Aeon Acquisition Partners I LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about AESPW
When does the AESPW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of AESPW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many AESPW warrants are outstanding?
14.38M listed warrants, equal to 233.3% dilution if all are exercised.