TriSalus Life Sciences, Inc. (TLSIW) Warrant
Each TLSIW warrant gives the holder the right to buy 1 share of TriSalus Life Sciences, Inc. at $11.50 per share, until August 10, 2028. The stock last closed at $4.32, below the strike, so the warrant is out of the money. TriSalus Life Sciences, Inc. has a market value of about $266.00M. There are 1.75M listed warrants; exercising all of them would add 2.9% to the 61.57M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
TLSI vs strike, last 12 months
No share-price history for TLSI yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-08-10
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.35
From the issuer's S-1/A (2023-12-15).
Company and stock
- Company
- TriSalus Life Sciences, Inc.
- Underlying stock
- TLSI
- Share price
- $4.32
- Market cap
- $266.00M
- Shares outstanding
- 61.57M
- Value of all listed warrants
- $1.49M (0.6% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-04). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.8500
- Price / model
Get Pro to see whether TLSIW is cheap or rich against our model.
Dilution
- Shares outstanding
- 61.57M
- Listed warrants
- 1.75M
- Dilution if all exercised
- 2.9%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
Questions about TLSIW
When does the TLSIW warrant expire?
TLSIW expires on August 10, 2028.
What is the strike price of TLSIW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can TriSalus Life Sciences, Inc. redeem the TLSIW 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 TLSIW warrants are outstanding?
1.75M listed warrants, equal to 2.9% dilution if all are exercised.