RUM Group Inc. (RUMBW) Warrant
Each RUMBW warrant gives the holder the right to buy 1 share of RUM Group Inc. at $11.50 per share, until September 16, 2027. There are 14.28M listed warrants; exercising all of them would add 2.9% to the 495.81M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
RUMB vs strike, last 12 months
No share-price history for RUMB yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-09-16
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $13.29
From the issuer's S-1/A (2022-11-04).
Company and stock
- Company
- RUM Group Inc.
- Underlying stock
- RUMB
- Share price
- —
- Market cap
- —
- Shares outstanding
- 495.81M
- Value of all listed warrants
- $25.49M
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
- $1.78
- Price / model
Get Pro to see whether RUMBW is cheap or rich against our model.
Dilution
- Shares outstanding
- 495.81M
- Listed warrants
- 14.28M
- Dilution if all exercised
- 2.9%
Warrant count from XBRL (single class reported).
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about RUMBW
When does the RUMBW warrant expire?
RUMBW expires on September 16, 2027.
What is the strike price of RUMBW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can RUM Group Inc. redeem the RUMBW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many RUMBW warrants are outstanding?
14.28M listed warrants, equal to 2.9% dilution if all are exercised.