SAB Biotherapeutics, Inc. (SABSW) Warrant
Each SABSW warrant gives the holder the right to buy 1/10 share of SAB Biotherapeutics, Inc. at $115.00 per share, until October 22, 2026. The stock last closed at $2.98, below the strike, so the warrant is out of the money. SAB Biotherapeutics, Inc. has a market value of about $271.14M. There are 5.75M listed warrants; exercising all of them would add 0.6% to the 90.99M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
SABS vs strike, last 12 months
No share-price history for SABS yet.
Key terms
- Strike per share
- $115.00
- Shares per warrant
- 1/10
- Cash to exercise one warrant
- $11.50
- Expiry
- 2026-10-22
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $115.14
From the issuer's S-1/A (2021-01-07).
Company and stock
- Company
- SAB Biotherapeutics, Inc.
- Underlying stock
- SABS
- Share price
- $2.98
- Market cap
- $271.14M
- Shares outstanding
- 90.99M
- Value of all listed warrants
- $80.50K (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-03). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0140
- Price / model
Get Pro to see whether SABSW is cheap or rich against our model.
Dilution
- Shares outstanding
- 90.99M
- Listed warrants
- 5.75M
- Dilution if all exercised
- 0.6%
Warrant count from filing notes, read by hand (medium): Public Warrants (Big Cypress Acquisition Corp IPO).
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about SABSW
When does the SABSW warrant expire?
SABSW expires on October 22, 2026.
What is the strike price of SABSW?
$115.00 per share; each warrant converts into 1/10 share, so exercising one warrant costs $11.50.
Can SAB Biotherapeutics, Inc. redeem the SABSW 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 SABSW warrants are outstanding?
5.75M listed warrants, equal to 0.6% dilution if all are exercised.