Aldabra 4 Liquidity Opportunity Vehicle, Inc. (ALOVW) Warrant
Each ALOVW warrant gives the holder the right to buy 1 share of Aldabra 4 Liquidity Opportunity Vehicle, Inc. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.02, below the strike, so the warrant is out of the money. Aldabra 4 Liquidity Opportunity Vehicle, Inc. has a market value of about $375.94M. Aldabra 4 Liquidity Opportunity Vehicle, Inc. is a SPAC (no deal announced yet). It must complete a deal by January 23, 2028 or the warrants expire worthless. There are 14.87M listed warrants; exercising all of them would add 39.6% to the 37.52M shares outstanding.
ALOV vs strike, last 12 months
No share-price history for ALOV 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
- $11.87
From the issuer's 424B4 (2026-01-22).
Company and stock
- Company
- Aldabra 4 Liquidity Opportunity Vehicle, Inc.
- Underlying stock
- ALOV
- Share price
- $10.02
- Market cap
- $375.94M
- Shares outstanding
- 37.52M
- Value of all listed warrants
- $5.43M (1.4% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.3650
- Price / model
Get Pro to see whether ALOVW is cheap or rich against our model.
Dilution
- Shares outstanding
- 37.52M
- Listed warrants
- 14.87M
- Dilution if all exercised
- 39.6%
Warrant count from XBRL (single class reported).
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2028-01-23
- Latest possible deadline
- —
- Trust per share
- $10.12
- Sponsor
- Aldabra 4 LOV Sponsor Partnership 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 ALOVW
When does the ALOVW 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 ALOVW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ALOVW warrants are outstanding?
14.87M listed warrants, equal to 39.6% dilution if all are exercised.