Bain Capital GSS Investment Corp. (BCSS.W) Warrant
Each BCSS.W warrant gives the holder the right to buy 1 share of Bain Capital GSS Investment Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.28, below the strike, so the warrant is out of the money. Bain Capital GSS Investment Corp. has a market value of about $600.35M. Bain Capital GSS Investment Corp. is a SPAC (no deal announced yet). It must complete a deal by October 1, 2027 or the warrants expire worthless. There are 9.20M listed warrants; exercising all of them would add 15.8% to the 58.40M shares outstanding.
BCSS vs strike, last 12 months
No share-price history for BCSS 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
- $12.15
From the issuer's S-1/A (2025-09-17).
Company and stock
- Company
- Bain Capital GSS Investment Corp.
- Underlying stock
- BCSS
- Share price
- $10.28
- Market cap
- $600.35M
- Shares outstanding
- 58.40M
- Value of all listed warrants
- $5.98M (1.0% 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
- $0.6500
- Price / model
Get Pro to see whether BCSS.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 58.40M
- Listed warrants
- 9.20M
- Dilution if all exercised
- 15.8%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-10-01
- Latest possible deadline
- 2028-01-01
- Trust per share
- $10.29
- Sponsor
- Bain Capital GSS Investment Sponsor 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 BCSS.W
When does the BCSS.W 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 BCSS.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many BCSS.W warrants are outstanding?
9.20M listed warrants, equal to 15.8% dilution if all are exercised.