Miluna Acquisition Corp (MMTXW) Warrant

NASDAQPre-merger SPAC warrantstrike $11.501 share per warrantupdated 2026-10-04

Each MMTXW warrant gives the holder the right to buy 1 share of Miluna Acquisition Corp at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.21, below the strike, so the warrant is out of the money. Miluna Acquisition Corp has a market value of about $90.09M. Miluna Acquisition Corp is a SPAC (deal signed with CADV Ventures S.A. (Kukugan Invest parent)). It must complete a deal by April 24, 2027 or the warrants expire worthless. There are 6.90M listed warrants; exercising all of them would add 78.2% to the 8.83M shares outstanding.

Warrant price
$0.1001
last close
MMTX share price
$10.21
89% of strike
Market cap
$90.09M
8.83M shares
Deadline to close a deal
205 days
2027-04-24
Dilution if exercised
78.2%
6.90M warrants

MMTX vs strike, last 12 months

No share-price history for MMTX 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
$11.60

From the issuer's S-1/A (2025-09-29).

Company and stock

Company
Miluna Acquisition Corp
Underlying stock
MMTX
Share price
$10.21
Market cap
$90.09M
Shares outstanding
8.83M
Value of all listed warrants
$690.69K (0.8% 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
$0.1001
Price / model

Get Pro to see whether MMTXW is cheap or rich against our model.

Dilution

Shares outstanding
8.83M
Listed warrants
6.90M
Dilution if all exercised
78.2%

Warrant count from filing iXBRL: PublicWarrantsMember.

SPAC deal

Status
deal signed
Target
CADV Ventures S.A. (Kukugan Invest parent)
Deal announced
2026-04-23
Deadline
2027-04-24
Latest possible deadline
2027-07-24
Trust per share
$10.25
Sponsor
MilunaC Technology Limited
Sponsor's earlier SPACs
0 (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 MMTXW

When does the MMTXW 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 MMTXW?

$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.

How many MMTXW warrants are outstanding?

6.90M listed warrants, equal to 78.2% dilution if all are exercised.

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