BuzzFeed, Inc. (BZFDW) Warrant
Each BZFDW warrant gives the holder the right to buy 1/4 share of BuzzFeed, Inc. at $46.00 per share, until December 3, 2026. The stock last closed at $1.11, below the strike, so the warrant is out of the money. BuzzFeed, Inc. has a market value of about $92.50M. There are 9.58M listed warrants; exercising all of them would add 2.9% to the 83.33M shares outstanding. The company can call the warrants if the stock trades at or above $72.00.
BZFD vs strike, last 12 months
No share-price history for BZFD yet.
Key terms
- Strike per share
- $46.00
- Shares per warrant
- 1/4
- Cash to exercise one warrant
- $11.50
- Expiry
- 2026-12-03
- Redemption trigger
- $72.00
- Cashless exercise
- allowed
- Break-even stock price
- $46.03
From the issuer's S-1/A (2021-01-11).
Company and stock
- Company
- BuzzFeed, Inc.
- Underlying stock
- BZFD
- Share price
- $1.11
- Market cap
- $92.50M
- Shares outstanding
- 83.33M
- Value of all listed warrants
- $75.71K (0.1% 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
- $0.0079
- Price / model
Get Pro to see whether BZFDW is cheap or rich against our model.
Dilution
- Shares outstanding
- 83.33M
- Listed warrants
- 9.58M
- Dilution if all exercised
- 2.9%
Warrant count from filing notes, read by hand (high): Public Warrants (originally issued by 890 5th Avenue).
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about BZFDW
When does the BZFDW warrant expire?
BZFDW expires on December 3, 2026.
What is the strike price of BZFDW?
$46.00 per share; each warrant converts into 1/4 share, so exercising one warrant costs $11.50.
Can BuzzFeed, Inc. redeem the BZFDW warrants early?
Yes. The company can call them if the share price reaches $72.00 for the required period (usually 20 of 30 trading days).
How many BZFDW warrants are outstanding?
9.58M listed warrants, equal to 2.9% dilution if all are exercised.