Saltire Capital Ltd. (SLT.WT.U) Warrant
Each SLT.WT.U warrant gives the holder the right to buy 1 share of Saltire Capital Ltd. at $11.50 per share, until September 25, 2029. The stock last closed at $2.35, below the strike, so the warrant is out of the money. Saltire Capital Ltd. has a market value of about $18.29M. There are 10.10M listed warrants; exercising all of them would add 129.8% to the 7.78M shares outstanding.
SLT vs strike, last 12 months
No share-price history for SLT yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-09-25
- Redemption trigger
- none stated
- Cashless exercise
- —
- Acceleration clause
- yes
- Break-even stock price
- $12.70
From the issuer's filing.
Company and stock
- Company
- Saltire Capital Ltd.
- Underlying stock
- SLT
- Share price
- $2.35
- Market cap
- $18.29M
- Shares outstanding
- 7.78M
- Value of all listed warrants
- $12.12M (66.3% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-10-03).
Model value vs price Pro
- Model value
- Last price
- $1.20
- Price / model
Get Pro to see whether SLT.WT.U is cheap or rich against our model.
Dilution
- Shares outstanding
- 7.78M
- Listed warrants
- 10.10M
- Dilution if all exercised
- 129.8%
Warrant count from TMX listing data (listed warrants).
Filings and events
Questions about SLT.WT.U
When does the SLT.WT.U warrant expire?
SLT.WT.U expires on September 25, 2029.
What is the strike price of SLT.WT.U?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Saltire Capital Ltd. redeem the SLT.WT.U warrants early?
The source filing we read lists no stock-price redemption trigger.
How many SLT.WT.U warrants are outstanding?
10.10M listed warrants, equal to 129.8% dilution if all are exercised.