M Evo Global Acquisition Corp II (MEVOW) Warrant
Each MEVOW warrant gives the holder the right to buy 1 share of M Evo Global Acquisition Corp II at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.01, below the strike, so the warrant is out of the money. M Evo Global Acquisition Corp II has a market value of about $400.40M. M Evo Global Acquisition Corp II is a SPAC (no deal announced yet). It must complete a deal by February 2, 2028 or the warrants expire worthless. There are 15.00M listed warrants; exercising all of them would add 37.5% to the 40.00M shares outstanding.
MEVO vs strike, last 12 months
No share-price history for MEVO yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.79
From the issuer's S-1/A (2026-01-26).
Company and stock
- Company
- M Evo Global Acquisition Corp II
- Underlying stock
- MEVO
- Share price
- $10.01
- Market cap
- $400.40M
- Shares outstanding
- 40.00M
- Value of all listed warrants
- $4.35M (1.1% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2900
- Price / model
Get Pro to see whether MEVOW is cheap or rich against our model.
Dilution
- Shares outstanding
- 40.00M
- Listed warrants
- 15.00M
- Dilution if all exercised
- 37.5%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2028-02-02
- Latest possible deadline
- 2028-02-02
- Trust per share
- $10.14
- Sponsor
- Evolution Sponsor Holdings LLC II
- Sponsor's earlier SPACs
- 1 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about MEVOW
When does the MEVOW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of MEVOW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many MEVOW warrants are outstanding?
15.00M listed warrants, equal to 37.5% dilution if all are exercised.