SES AI Corp (SESCW) Warrant
Each SESCW warrant gives the holder the right to buy 1 share of SES AI Corp at $11.50 per share, until February 3, 2027. There are 9.20M listed warrants; exercising all of them would add 2.5% to the 365.43M shares outstanding. The company can call the warrants if the stock trades at or above $10.00.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-02-03
- Redemption trigger
- $10.00
- Cashless exercise
- no
- Break-even stock price
- —
From the issuer's 424B4 (2021-01-08).
Company and stock
- Company
- SES AI Corp
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 365.43M
Market cap is the last share price times shares outstanding (as of 2025-12-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether SESCW is cheap or rich against our model.
Dilution
- Shares outstanding
- 365.43M
- Listed warrants
- 9.20M
- Dilution if all exercised
- 2.5%
Warrant count from filing notes, read by hand (high): Public warrants.
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: 424B4
Questions about SESCW
When does the SESCW warrant expire?
SESCW expires on February 3, 2027.
What is the strike price of SESCW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can SES AI Corp redeem the SESCW warrants early?
Yes. The company can call them if the share price reaches $10.00 for the required period (usually 20 of 30 trading days).
How many SESCW warrants are outstanding?
9.20M listed warrants, equal to 2.5% dilution if all are exercised.