Bridger Aerospace Group Holdings, Inc. (BAERW) Warrant

NASDAQCompany warrantstrike $11.501 share per warrantexpires 2028-01-24updated 2026-10-04

Each BAERW warrant gives the holder the right to buy 1 share of Bridger Aerospace Group Holdings, Inc. at $11.50 per share, until January 24, 2028. The stock last closed at $0.68, below the strike, so the warrant is out of the money. Bridger Aerospace Group Holdings, Inc. has a market value of about $40.00M. There are 17.25M listed warrants; exercising all of them would add 29.3% to the 58.83M shares outstanding. The company can call the warrants if the stock trades at or above $10.00.

Warrant price
$0.0720
last close
BAER share price
$0.68
6% of strike
Market cap
$40.00M
58.83M shares
Time left
477 days
expires 2028-01-24
Dilution if exercised
29.3%
17.25M warrants

BAER vs strike, last 12 months

No share-price history for BAER yet.

Key terms

Strike per share
$11.50
Shares per warrant
1
Cash to exercise one warrant
$11.50
Expiry
2028-01-24
Redemption trigger
$10.00
Cashless exercise
allowed
Break-even stock price
$11.57

From the issuer's S-1/A (2023-10-23).

Company and stock

Company
Bridger Aerospace Group Holdings, Inc.
Underlying stock
BAER
Share price
$0.68
Market cap
$40.00M
Shares outstanding
58.83M
Value of all listed warrants
$1.24M (3.1% of market cap)

Market cap is the last share price times shares outstanding (as of 2026-08-03). All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.0720
Price / model

Get Pro to see whether BAERW is cheap or rich against our model.

Dilution

Shares outstanding
58.83M
Listed warrants
17.25M
Dilution if all exercised
29.3%

Warrant count from filing iXBRL: PublicWarrantsMember.

Filings and events

Questions about BAERW

When does the BAERW warrant expire?

BAERW expires on January 24, 2028.

What is the strike price of BAERW?

$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.

Can Bridger Aerospace Group Holdings, Inc. redeem the BAERW warrants early?

Yes. The company can call them if the share price reaches $10.00 for the required period (usually 20 of 30 trading days).

How many BAERW warrants are outstanding?

17.25M listed warrants, equal to 29.3% dilution if all are exercised.

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