Vertical Aerospace Ltd. (EVTWF) Warrant
Each EVTWF warrant gives the holder the right to buy 1/10 share of Vertical Aerospace Ltd. at $115.00 per share, until December 16, 2026. There are 15.26M listed warrants; exercising all of them would add 1.5% to the 101.60M shares outstanding. The company can call the warrants if the stock trades at or above $180.00.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $115.00
- Shares per warrant
- 1/10
- Cash to exercise one warrant
- $11.50
- Expiry
- 2026-12-16
- Redemption trigger
- $180.00
- Cashless exercise
- no
- Break-even stock price
- —
From the issuer's 424B3 (2026-07-06).
Company and stock
- Company
- Vertical Aerospace Ltd.
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 101.60M
Market cap is the last share price times shares outstanding (as of 2025-12-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether EVTWF is cheap or rich against our model.
Dilution
- Shares outstanding
- 101.60M
- Listed warrants
- 15.26M
- Dilution if all exercised
- 1.5%
Warrant count from filing text: public warrants.
Filings and events
- Terms source: 424B3
- Merger closed; the warrants became warrants of the combined company
Questions about EVTWF
When does the EVTWF warrant expire?
EVTWF expires on December 16, 2026.
What is the strike price of EVTWF?
$115.00 per share; each warrant converts into 1/10 share, so exercising one warrant costs $11.50.
Can Vertical Aerospace Ltd. redeem the EVTWF warrants early?
Yes. The company can call them if the share price reaches $180.00 for the required period (usually 20 of 30 trading days).
How many EVTWF warrants are outstanding?
15.26M listed warrants, equal to 1.5% dilution if all are exercised.