NioCorp Developments Ltd. (NIOBW) Warrant
Each NIOBW warrant gives the holder the right to buy 1.11829 shares of NioCorp Developments Ltd. at $11.50 per share, until March 17, 2028. There are 13.45M listed warrants; exercising all of them would add 10.3% to the 145.85M shares outstanding. The company can call the warrants if the stock trades at or above $16.10.
NIOB vs strike, last 12 months
No share-price history for NIOB yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1.11829
- Cash to exercise one warrant
- $12.86
- Expiry
- 2028-03-17
- Redemption trigger
- $16.10
- Cashless exercise
- allowed
- Break-even stock price
- $12.11
From the issuer's 8-K (2024-11-05).
Company and stock
- Company
- NioCorp Developments Ltd.
- Underlying stock
- NIOB
- Share price
- —
- Market cap
- —
- Shares outstanding
- 145.85M
- Value of all listed warrants
- $9.15M
Market cap is the last share price times shares outstanding (as of 2026-09-25). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.6801
- Price / model
Get Pro to see whether NIOBW is cheap or rich against our model.
Dilution
- Shares outstanding
- 145.85M
- Listed warrants
- 13.45M
- Dilution if all exercised
- 10.3%
Warrant count from filing iXBRL: TwoThousandTwentyThreePublicWarrantsMember.
Filings and events
Questions about NIOBW
When does the NIOBW warrant expire?
NIOBW expires on March 17, 2028.
What is the strike price of NIOBW?
$11.50 per share; each warrant converts into 1.11829 share, so exercising one warrant costs $12.86.
Can NioCorp Developments Ltd. redeem the NIOBW warrants early?
Yes. The company can call them if the share price reaches $16.10 for the required period (usually 20 of 30 trading days).
How many NIOBW warrants are outstanding?
13.45M listed warrants, equal to 10.3% dilution if all are exercised.