Crown PropTech Acquisitions (CPTKW) Warrant
Each CPTKW warrant gives the holder the right to buy 1 share of Crown PropTech Acquisitions at $11.50 per share, for five years after the company completes its merger. Crown PropTech Acquisitions is a SPAC (deal signed with Mkango Rare Earths Limited). It must complete a deal by March 11, 2027 or the warrants expire worthless. There are 644.00K listed warrants; exercising all of them would add 8.7% to the 7.38M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock 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
- $10.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2021-02-10).
Company and stock
- Company
- Crown PropTech Acquisitions
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 7.38M
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
- —
- Price / model
Get Pro to see whether CPTKW is cheap or rich against our model.
Dilution
- Shares outstanding
- 7.38M
- Listed warrants
- 644.00K
- Dilution if all exercised
- 8.7%
Warrant count from filing iXBRL: FairValueMeasurementsRecurringMember|FairValueInputsLevel2Member|PublicWarrantsMember.
SPAC deal
- Status
- deal signed
- Target
- Mkango Rare Earths Limited
- Deal announced
- 2025-07-02
- Deadline
- 2027-03-11
- Latest possible deadline
- —
- Trust per share
- $11.98
- Sponsor
- Crown PropTech 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 CPTKW
When does the CPTKW 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 CPTKW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CPTKW warrants are outstanding?
644.00K listed warrants, equal to 8.7% dilution if all are exercised.