Alpex Acquisition Corporation (ALPXW) Warrant
Each ALPXW warrant gives the holder the right to buy 1 share of Alpex Acquisition Corporation at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.96, below the strike, so the warrant is out of the money. Alpex Acquisition Corporation has a market value of about $28.64M. Alpex Acquisition Corporation is a SPAC (no deal announced yet). It must complete a deal by June 26, 2027 or the warrants expire worthless.
ALPX vs strike, last 12 months
No share-price history for ALPX 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 (2026-06-05).
Company and stock
- Company
- Alpex Acquisition Corporation
- Underlying stock
- ALPX
- Share price
- $9.96
- Market cap
- $28.64M
- Shares outstanding
- 2.88M
- Value of all listed warrants
- $690.00K (2.4% 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
- $0.0600
- Price / model
Get Pro to see whether ALPXW is cheap or rich against our model.
Dilution
- Shares outstanding
- 2.88M
- Listed warrants
- 11.50M
- Dilution if all exercised
- —
Warrant count from filing iXBRL: PublicRightsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-06-26
- Latest possible deadline
- 2027-06-26
- Trust per share
- $10.00
- Sponsor
- Hugreat Ltd.
- 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 ALPXW
When does the ALPXW 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 ALPXW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ALPXW warrants are outstanding?
11.50M listed warrants.