Greenland Energy Company (GLNDW) Warrant
Each GLNDW warrant gives the holder the right to buy 1 share of Greenland Energy Company at $5.00 per share, until April 29, 2031. The stock last closed at $3.73, below the strike, so the warrant is out of the money. Greenland Energy Company has a market value of about $163.11M. There are 17.50M listed warrants; exercising all of them would add 40.0% to the 43.73M shares outstanding.
GLND vs strike, last 12 months
No share-price history for GLND yet.
Key terms
- Strike per share
- $5.00
- Shares per warrant
- 1
- Cash to exercise one warrant
- $5.00
- Expiry
- 2031-04-29
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $5.92
From the issuer's S-1/A (2026-04-23).
Company and stock
- Company
- Greenland Energy Company
- Underlying stock
- GLND
- Share price
- $3.73
- Market cap
- $163.11M
- Shares outstanding
- 43.73M
- Value of all listed warrants
- $16.10M (9.9% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-13). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.9200
- Price / model
Get Pro to see whether GLNDW is cheap or rich against our model.
Dilution
- Shares outstanding
- 43.73M
- Listed warrants
- 17.50M
- Dilution if all exercised
- 40.0%
Warrant count from filing notes, read by hand (high): Common warrants (April 29, 2026 registered offering, $5.00).
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about GLNDW
When does the GLNDW warrant expire?
GLNDW expires on April 29, 2031.
What is the strike price of GLNDW?
$5.00 per share; each warrant converts into 1 share, so exercising one warrant costs $5.00.
Can Greenland Energy Company redeem the GLNDW warrants early?
The source filing we read lists no stock-price redemption trigger.
How many GLNDW warrants are outstanding?
17.50M listed warrants, equal to 40.0% dilution if all are exercised.