Southern Cross Acquisition I Corp. (NCOOW) Warrant
Each NCOOW warrant gives the holder the right to buy 1 share of Southern Cross Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. Southern Cross Acquisition I Corp. is a SPAC (no deal announced yet). It must complete a deal by July 22, 2027 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 78.1% to the 14.73M shares outstanding.
NCOO vs strike, last 12 months
No share-price history for NCOO 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
- $11.53
From the issuer's 424B4 (2026-07-21).
Company and stock
- Company
- Southern Cross Acquisition I Corp.
- Underlying stock
- NCOO
- Share price
- —
- Market cap
- —
- Shares outstanding
- 14.73M
- Value of all listed warrants
- $357.65K
Market cap is the last share price times shares outstanding (as of 2026-09-02). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0311
- Price / model
Get Pro to see whether NCOOW is cheap or rich against our model.
Dilution
- Shares outstanding
- 14.73M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 78.1%
Warrant count from filing notes, read by hand (high): Public Warrants (one warrant per unit).
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-07-22
- Latest possible deadline
- —
- Trust per share
- $10.20
- Sponsor
- Southern Cross Acquisition I Sponsor Corp.
- 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 NCOOW
When does the NCOOW 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 NCOOW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many NCOOW warrants are outstanding?
11.50M listed warrants, equal to 78.1% dilution if all are exercised.