Einride AB (ENRDW) Warrant
Each ENRDW warrant gives the holder the right to buy 1 share of Einride AB at $11.50 per share, until June 9, 2031. The stock last closed at $3.33, below the strike, so the warrant is out of the money. Einride AB has a market value of about $488.48M. There are 10.06M listed warrants; exercising all of them would add 6.9% to the 146.69M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
ENRD vs strike, last 12 months
No share-price history for ENRD yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2031-06-09
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.74
From the issuer's 424B3 (2026-09-28).
Company and stock
- Company
- Einride AB
- Underlying stock
- ENRD
- Share price
- $3.33
- Market cap
- $488.48M
- Shares outstanding
- 146.69M
- Value of all listed warrants
- $2.44M (0.5% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-09-28). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2420
- Price / model
Get Pro to see whether ENRDW is cheap or rich against our model.
Dilution
- Shares outstanding
- 146.69M
- Listed warrants
- 10.06M
- Dilution if all exercised
- 6.9%
Warrant count from filing notes, read by hand (high): Assumed Public Warrants (exchanged for Legato Merger Corp. III public warrants).
Filings and events
Questions about ENRDW
When does the ENRDW warrant expire?
ENRDW expires on June 9, 2031.
What is the strike price of ENRDW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Einride AB redeem the ENRDW 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 ENRDW warrants are outstanding?
10.06M listed warrants, equal to 6.9% dilution if all are exercised.