CEA Industries Inc. (BNCWW) Warrant

NASDAQCompany warrantstrike $60.001/12 share per warrantexpires 2027-02-10updated 2026-10-04

Each BNCWW warrant gives the holder the right to buy 1/12 share of CEA Industries Inc. at $60.00 per share, until February 10, 2027. The stock last closed at $5.85, below the strike, so the warrant is out of the money. CEA Industries Inc. has a market value of about $240.87M. There are 409.12K listed warrants; exercising all of them would add 0.1% to the 41.17M shares outstanding.

Warrant price
$0.0150
last close
BNC share price
$5.85
10% of strike
Market cap
$240.87M
41.17M shares
Time left
129 days
expires 2027-02-10
Dilution if exercised
0.1%
409.12K warrants

BNC vs strike, last 12 months

No share-price history for BNC yet.

Key terms

Strike per share
$60.00
Shares per warrant
1/12
Cash to exercise one warrant
$5.00
Expiry
2027-02-10
Redemption trigger
none stated
Cashless exercise
no
Break-even stock price
$60.18

From the issuer's S-1/A (2022-01-31).

Company and stock

Company
CEA Industries Inc.
Underlying stock
BNC
Share price
$5.85
Market cap
$240.87M
Shares outstanding
41.17M
Value of all listed warrants
$6.14K (0.0% of market cap)

Market cap is the last share price times shares outstanding (as of 2026-09-04). All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.0150
Price / model

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

Dilution

Shares outstanding
41.17M
Listed warrants
409.12K
Dilution if all exercised
0.1%

Warrant count from filing iXBRL: PublicWarrantsMember|WarrantMember.

Filings and events

Questions about BNCWW

When does the BNCWW warrant expire?

BNCWW expires on February 10, 2027.

What is the strike price of BNCWW?

$60.00 per share; each warrant converts into 1/12 share, so exercising one warrant costs $5.00.

Can CEA Industries Inc. redeem the BNCWW warrants early?

The source filing we read lists no stock-price redemption trigger.

How many BNCWW warrants are outstanding?

409.12K listed warrants, equal to 0.1% dilution if all are exercised.

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