SunCar Technology Group Inc. (SDAWW) Warrant
Each SDAWW warrant gives the holder the right to buy 1/2 share of SunCar Technology Group Inc. at $11.50 per share, until May 17, 2028. The stock last closed at $0.43, below the strike, so the warrant is out of the money. SunCar Technology Group Inc. has a market value of about $45.32M. There are 6.10M listed warrants; exercising all of them would add 2.9% to the 105.65M shares outstanding. The company can call the warrants if the stock trades at or above $16.50.
SDA vs strike, last 12 months
No share-price history for SDA yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1/2
- Cash to exercise one warrant
- $5.75
- Expiry
- 2028-05-17
- Redemption trigger
- $16.50
- Cashless exercise
- allowed
- Break-even stock price
- $11.64
From the issuer's F-1/A (2023-08-09).
Company and stock
- Company
- SunCar Technology Group Inc.
- Underlying stock
- SDA
- Share price
- $0.43
- Market cap
- $45.32M
- Shares outstanding
- 105.65M
- Value of all listed warrants
- $427.00K (0.9% 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
- $0.0700
- Price / model
Get Pro to see whether SDAWW is cheap or rich against our model.
Dilution
- Shares outstanding
- 105.65M
- Listed warrants
- 6.10M
- Dilution if all exercised
- 2.9%
Warrant count from XBRL (single class reported).
Filings and events
Questions about SDAWW
When does the SDAWW warrant expire?
SDAWW expires on May 17, 2028.
What is the strike price of SDAWW?
$11.50 per share; each warrant converts into 1/2 share, so exercising one warrant costs $5.75.
Can SunCar Technology Group Inc. redeem the SDAWW 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 SDAWW warrants are outstanding?
6.10M listed warrants, equal to 2.9% dilution if all are exercised.