Oxley Bridge Acquisition Limited (OBAWW) Warrant

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

Each OBAWW warrant gives the holder the right to buy 1 share of Oxley Bridge Acquisition Limited at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.35, below the strike, so the warrant is out of the money. Oxley Bridge Acquisition Limited has a market value of about $327.32M. Oxley Bridge Acquisition Limited is a SPAC (no deal announced yet). It must complete a deal by June 26, 2027 or the warrants expire worthless. There are 12.65M listed warrants; exercising all of them would add 40.0% to the 31.62M shares outstanding.

Warrant price
$0.2500
last close
OBA share price
$10.35
90% of strike
Market cap
$327.32M
31.62M shares
Deadline to close a deal
268 days
2027-06-26
Dilution if exercised
40.0%
12.65M warrants

OBA vs strike, last 12 months

No share-price history for OBA 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
no
Break-even stock price
$11.75

From the issuer's 8-K (2025-06-26).

Company and stock

Company
Oxley Bridge Acquisition Limited
Underlying stock
OBA
Share price
$10.35
Market cap
$327.32M
Shares outstanding
31.62M
Value of all listed warrants
$3.16M (1.0% 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
$0.2500
Price / model

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

Dilution

Shares outstanding
31.62M
Listed warrants
12.65M
Dilution if all exercised
40.0%

Warrant count from filing iXBRL: PublicWarrantsMember.

SPAC deal

Status
no deal announced yet
Target
—
Deal announced
—
Deadline
2027-06-26
Latest possible deadline
—
Trust per share
$10.39
Sponsor
Oxley Bridge Holdings LLC
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 OBAWW

When does the OBAWW 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 OBAWW?

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

How many OBAWW warrants are outstanding?

12.65M listed warrants, equal to 40.0% dilution if all are exercised.

Related warrants