ESPORTS ENTERTAINMENT GROUP, INC. (GMBLZ) Warrant
Each GMBLZ warrant gives the holder the right to buy 1/400 share of ESPORTS ENTERTAINMENT GROUP, INC. at $400.00 per share, until March 31, 2027. There are 17.25M listed warrants; exercising all of them would add 3.8% to the 1.15M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $400.00
- Shares per warrant
- 1/400
- Cash to exercise one warrant
- $1.00
- Expiry
- 2027-03-31
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- —
From the issuer's S-1 (2023-01-13).
Company and stock
- Company
- ESPORTS ENTERTAINMENT GROUP, INC.
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 1.15M
Market cap is the last share price times shares outstanding (as of 10-Q 2024-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether GMBLZ is cheap or rich against our model.
Dilution
- Shares outstanding
- 1.15M
- Listed warrants
- 17.25M
- Dilution if all exercised
- 3.8%
Warrant count from filing notes, read by hand (low): March 2022 Warrants.
Filings and events
Questions about GMBLZ
When does the GMBLZ warrant expire?
GMBLZ expires on March 31, 2027.
What is the strike price of GMBLZ?
$400.00 per share; each warrant converts into 1/400 share, so exercising one warrant costs $1.00.
Can ESPORTS ENTERTAINMENT GROUP, INC. redeem the GMBLZ warrants early?
The source filing we read lists no stock-price redemption trigger.
How many GMBLZ warrants are outstanding?
17.25M listed warrants, equal to 3.8% dilution if all are exercised.