JAB Acquisition Corp I (ATLQW) Warrant
Each ATLQW warrant gives the holder the right to buy 1 share of JAB Acquisition Corp I at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.97, below the strike, so the warrant is out of the money. JAB Acquisition Corp I has a market value of about $283.77M. JAB Acquisition Corp I is a SPAC (no deal announced yet). It must complete a deal by June 11, 2027 or the warrants expire worthless. There are 17.51M listed warrants; exercising all of them would add 61.5% to the 28.46M shares outstanding.
ATLQ vs strike, last 12 months
No share-price history for ATLQ 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
- no
- Break-even stock price
- $11.54
From the issuer's S-1/A (2026-05-29).
Company and stock
- Company
- JAB Acquisition Corp I
- Underlying stock
- ATLQ
- Share price
- $9.97
- Market cap
- $283.77M
- Shares outstanding
- 28.46M
- Value of all listed warrants
- $700.40K (0.2% 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
- $0.0400
- Price / model
Get Pro to see whether ATLQW is cheap or rich against our model.
Dilution
- Shares outstanding
- 28.46M
- Listed warrants
- 17.51M
- Dilution if all exercised
- 61.5%
Warrant count from XBRL (single class reported).
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-06-11
- Latest possible deadline
- 2027-12-11
- Trust per share
- $10.02
- Sponsor
- JAB Acquisition Sponsor 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 ATLQW
When does the ATLQW 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 ATLQW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ATLQW warrants are outstanding?
17.51M listed warrants, equal to 61.5% dilution if all are exercised.