IQM Quantum Computers Oyj (IQMXW) Warrant
Each IQMXW warrant gives the holder the right to buy 1 share of IQM Quantum Computers Oyj at $11.50 per share, until July 1, 2031. The stock last closed at $10.35, below the strike, so the warrant is out of the money. IQM Quantum Computers Oyj has a market value of about $1.96B. There are 8.62M listed warrants; exercising all of them would add 4.5% to the 189.50M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
IQMX vs strike, last 12 months
No share-price history for IQMX yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2031-07-01
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $13.47
From the issuer's F-1/A (2026-08-18).
Company and stock
- Company
- IQM Quantum Computers Oyj
- Underlying stock
- IQMX
- Share price
- $10.35
- Market cap
- $1.96B
- Shares outstanding
- 189.50M
- Value of all listed warrants
- $16.99M (0.9% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-03). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $1.97
- Price / model
Get Pro to see whether IQMXW is cheap or rich against our model.
Dilution
- Shares outstanding
- 189.50M
- Listed warrants
- 8.62M
- Dilution if all exercised
- 4.5%
Warrant count from filing notes, read by hand (high): Public Warrants (ex-RAAQ).
Filings and events
Questions about IQMXW
When does the IQMXW warrant expire?
IQMXW expires on July 1, 2031.
What is the strike price of IQMXW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can IQM Quantum Computers Oyj redeem the IQMXW 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 IQMXW warrants are outstanding?
8.62M listed warrants, equal to 4.5% dilution if all are exercised.