Critical Metals Corp. (CRMLW) Warrant
Each CRMLW warrant gives the holder the right to buy 1 share of Critical Metals Corp. at $11.50 per share, until February 27, 2029. The stock last closed at $7.03, below the strike, so the warrant is out of the money. Critical Metals Corp. has a market value of about $1.03B. There are 7.66M listed warrants; exercising all of them would add 5.2% to the 146.99M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
CRML vs strike, last 12 months
No share-price history for CRML yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-02-27
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $13.81
From the issuer's F-1/A (2024-05-17).
Company and stock
- Company
- Critical Metals Corp.
- Underlying stock
- CRML
- Share price
- $7.03
- Market cap
- $1.03B
- Shares outstanding
- 146.99M
- Value of all listed warrants
- $17.73M (1.7% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-06-30). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $2.31
- Price / model
Get Pro to see whether CRMLW is cheap or rich against our model.
Dilution
- Shares outstanding
- 146.99M
- Listed warrants
- 7.66M
- Dilution if all exercised
- 5.2%
Warrant count from filing notes, read by hand (high): Public Warrants / Listed warrants ($11.50 exp. 27/2/2029).
Filings and events
Questions about CRMLW
When does the CRMLW warrant expire?
CRMLW expires on February 27, 2029.
What is the strike price of CRMLW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Critical Metals Corp. redeem the CRMLW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many CRMLW warrants are outstanding?
7.66M listed warrants, equal to 5.2% dilution if all are exercised.