Real Messenger Corporation (RMSGW) Warrant
Each RMSGW warrant gives the holder the right to buy 1/2 share of Real Messenger Corporation at $11.50 per share, until November 19, 2029. The stock last closed at $0.29, below the strike, so the warrant is out of the money. Real Messenger Corporation has a market value of about $3.09M. There are 5.75M listed warrants; exercising all of them would add 27.0% to the 10.64M shares outstanding. The company can call the warrants if the stock trades at or above $16.50.
RMSG vs strike, last 12 months
No share-price history for RMSG yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1/2
- Cash to exercise one warrant
- $5.75
- Expiry
- 2029-11-19
- Redemption trigger
- $16.50
- Cashless exercise
- no
- Break-even stock price
- $11.56
From the issuer's 424B4 (2026-06-09).
Company and stock
- Company
- Real Messenger Corporation
- Underlying stock
- RMSG
- Share price
- $0.29
- Market cap
- $3.09M
- Shares outstanding
- 10.64M
- Value of all listed warrants
- $165.60K (5.4% of market cap)
Market cap is the last share price times shares outstanding (as of 20-F 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0288
- Price / model
Get Pro to see whether RMSGW is cheap or rich against our model.
Dilution
- Shares outstanding
- 10.64M
- Listed warrants
- 5.75M
- Dilution if all exercised
- 27.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
Questions about RMSGW
When does the RMSGW warrant expire?
RMSGW expires on November 19, 2029.
What is the strike price of RMSGW?
$11.50 per share; each warrant converts into 1/2 share, so exercising one warrant costs $5.75.
Can Real Messenger Corporation redeem the RMSGW warrants early?
Yes. The company can call them if the share price reaches $16.50 for the required period (usually 20 of 30 trading days).
How many RMSGW warrants are outstanding?
5.75M listed warrants, equal to 27.0% dilution if all are exercised.