ACP Holdings Acquisition Corp. (ACGCW) Warrant
Each ACGCW warrant gives the holder the right to buy 1 share of ACP Holdings Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.05, below the strike, so the warrant is out of the money. ACP Holdings Acquisition Corp. has a market value of about $292.46M. ACP Holdings Acquisition Corp. is a SPAC (deal signed with May Mobility, Inc.). It must complete a deal by October 8, 2027 or the warrants expire worthless. There are 10.73M listed warrants; exercising all of them would add 36.9% to the 29.10M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.95
From the issuer's S-1/A (2026-03-30).
Company and stock
- Company
- ACP Holdings Acquisition Corp.
- Underlying stock
- ACGC
- Share price
- $10.05
- Market cap
- $292.46M
- Shares outstanding
- 29.10M
- Range since May 2026
- $9.92 – $10.06
- Change since May 2026
- +1%
- Value of all listed warrants
- $4.83M (1.7% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Houston, TX
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.4500
- Price / model
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Dilution
- Shares outstanding
- 29.10M
- Listed warrants
- 10.73M
- Dilution if all exercised
- 36.9%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- deal signed
- Target
- May Mobility, Inc.
- Deal announced
- 2026-09-15
- Deadline
- 2027-10-08
- Latest possible deadline
- 2027-10-08
- Trust per share
- $10.13
- Sponsor
- Union Street Sponsor LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about ACGCW
When does the ACGCW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of ACGCW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ACGCW warrants are outstanding?
10.73M listed warrants, equal to 36.9% dilution if all are exercised.
Related warrants
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